Fast-growing sportswear company Gymshark has filed its accounts for the year to July 31, 2021 and they showed the business continuing to prosper even in a difficult time hit by lockdowns and weak consumer sentiment.
The owner of Myprotein supplements late on Thursday rebuffed an offer of 170 pence per share from Belerion Capital and King Street Capital Management, saying it undervalued the company.
Foot Locker announced on Friday revenues for the first quarter inched forward 1%, partially offset by a 2% decline in comparable sales, as the footwear retailer recorded a dip in profits for the three months.
UK consumer confidence tumbled again in May — this time to its lowest level in almost 50 years — after the cost-of-living crisis deepened and concerns over the economy and personal finances grew.
Ermenegildo Zegna — CEO of the Italian luxury menswear house that bears his family name — declared this week that the suit isn’t dead as some people have suggested.
Richemont's year to 31 March saw a “strong performance”, with a “step change in sales and operating profit”. Its fashion ops improved, but the share price fell as a deal to sell a YNAP stake to Farfetch is not agreed.
Deckers Brands announced on Thursday revenues for the fiscal year 2022 increased 28%, on the back a strong fourth quarter which saw sales at the U.S. footwear group surge by more than 30%.
Havaianas' sales outside Brazil increased by 17% in the first quarter of 2022. Its strong performance was driven by the expansion of its network of mono-brand stores outside its domestic market.
Switzerland's Calida Group, owner of French lingerie brand Aubade, has acquired family-owned lingerie company Cosabella for $80 million (€75.8 million), as it looks to gain a foothold in the United States.
Global beauty giant L'Oréal is finalizing the acquisition of Byredo, backed by British fund Manzanita Capital, the owner of Diptyque and Malin+Goetz, according to a report from French newspaper Le Figaro.
VF Corporation announced on Thursday revenues for the fiscal year 2022 surged 28%, despite a slowdown in fourth quarter revenues, hindered by sales lags in its Asia-Pacific market.
British e-commerce company THG was at the centre of a bid battle on Thursday, rejecting an offer from two investment groups and learning that local entrepreneur Nick Candy was considering making a bid.
Canada Goose Holdings Inc, on Thursday forecast annual sales and profit above Wall Street expectations on hopes for a recovery in key China market and as demand for its luxury parkas and jackets stays strong.
Six months after a neighborhood fire scarred the center of Paris, destroying Benetton’s main French boutique, the Italian marque reopened its flagship this week, repainted in pink, expressing a newfound optimism.
Swiss duty-free retailer Dufry on Thursday posted 144.5% organic sales growth for the first quarter, supported by an uptake in travel in Europe and the Americas as coronavirus curbs were eased.
