Tough times for Boohoo as macroeconomic backdrop dents sales and profits Boohoo Boohoo The six months to 31 August saw revenue falling 10% to £882.4 million year-on-year, although it was up to 56% compared to 2019 for the owner of…
HanesBrands CFO resigns, updates fourth-quarter guidance HanesBrands Inc. announced on Thursday it expects to report fourth-quarter net sales slightly above the top end of its outlook range and adjusted operating profit at the midpoint of the range, coinciding with the resignation news…
Micam, Mipel, The One Milano trade shows back to four-day format By Adnkronos Translated by Nicola Mira After the previous edition’s success, the Micam, Mipel and The One Milano trade shows will be once again held over four days, from…
Parfois opens its first store in Istanbul By Jornal T Translated by Cassidy STEPHENS The Portuguese brand has entered the Turkish market, growing its international presence. The brand is also present in Albania, Switzerland, Trinidad and Tobago, Malta, Cyprus, Dominican Republic…
Designer Brands acquires footwear brand Topo Athletic Designer Brands Inc. announced on Wednesday the acquisition of Topo Athletic, expanding the company’s reach into the performance athletic and outdoor footwear categories. Designer Brands acquires footwear brand Topo Athletic. – Designer Brands…
China’s JD.com beats quarterly revenue estimates By Reuters Chinese e-commerce giant JD Reuters The company reported second-quarter revenue of 267.6 billion yuan ($39.07 billion), up 5.4% year on year, topping analysts’ average estimate of 262.31 billion yuan, according to IBES…
Ben Sherman gets Tinie to front AW22 advertising campaign Quite a signing for Ben Sherman Ben Sherman To promote the expansive collection, the accompanying AW22 campaign will see Tinie headline both the Ben Sherman Signature and B by Ben Sherman…
PVH heads into the red despite better-than-expected Q3 sales PVHCalvin KleinTommy Hilfiger Calvin Klein The New York City-based company said revenue for the third quarter decreased 2% to $2.281 billion compared to the prior year period (up 7% on a constant currency…
Hudson’s Bay appoints new president Canadian retailer Hudson’s Bay announced on Monday the appointment of Sophia Hwang-Judiesch as president, effective September 19, 2022. Hudson’s Bay appoints new president. – Reuters Hwang-Judiesch replaces Wayne Drummond who will be retiring from the…
Savage X Fenty launches loungewear with Dove Cameron, Jordan Alexander RihannaSavage x FentyDoveJordan Savage X Fenty launches loungewear with Dove Cameron, Jordan Alexander. – Savage X Fenty Launching September 8, exclusively at savagex.com, the collection is centered around elevated everyday…
