Puma had to scramble to respond to a sudden trend for oversized, chunky sneakers in the last few months, the CEO said on Thursday, as the German sportswear maker dashed hopes for another hike to its earnings guidance.
Launchmetrics has released its Met Gala social media report, calculating the value of posts with its MIV algorithm, and revealing Versace as the night’s clear winner, helped on its way by a certain Mrs. Kardashian West.
Puma Q1 results offered good news as the sports giant, which is currently riding the athleisure wave and also launching a raft of collaborations, said sales surged 20%+ as all regions and product segments did well.
Following a few days of rumor, the news is now official. The Diane von Furstenberg brand announced on its Twitter feed late Wednesday night that fashion executive Sandra Campos will take the reins as its new CEO.
Launchmetrics has released its 4th “State of Influencer Marketing” report, revealing a number of trends, including skews in target demographics, changes in influencer remuneration and the rise of micro-influencers.