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Business

Nike revenue beats as Europe demand overshadows China sales slump

Nike revenue beats as Europe demand overshadows China sales slump

Nike beat estimates for quarterly revenue on Monday, as strong demand for its athletic apparel and sneakers in Europe helped the company counter lower sales in China following pandemic-related lockdowns in the country.
Fashion
Business
Prosus to trim Tencent stake as core headline earnings slump

Prosus to trim Tencent stake as core headline earnings slump

Prosus will gradually sell down its massive 28.9% stake in Chinese software giant Tencent, owner of WeChat, as the group announced a major share repurchasing programme.
Luxury
Business

Eyewear indie Kirk & Kirk predicts explosive growth, plans store expansion

​British indie eyewear brand Kirk & Kirk is targeting fast growth and has announced “major expansion plans after a boom in demand following the pandemic”.
Fashion
Retail

Warpaint London strong in 2022, UK and Europe doing well

​Beauty specialist Warpaint London's update on Monday and said “the group has experienced strong trading in 2022 to date with the brands' proposition resonating with customers, both in the UK and internationally”.
Beauty
Business

Trade shows

Tranoï show focuses on menswear creativity

Tranoï show focuses on menswear creativity

While Paris hosted the men’s fashion week, the Tranoï show was held on June 23-26 at the Palais de Tokyo in the city, with some 40 established and emerging labels showcasing their menswear collections.
Fashion
Trade shows
Hyve Group update shows faster-than-expected tradeshows recovery

Hyve Group update shows faster-than-expected tradeshows recovery

Hyve Group, the organiser of Pure London, Moda and many other tradeshows, has issued a business update and said that the pace of in-person event recovery is “considerably ahead of anticipated levels”.
Fashion
Trade shows

350 brands to present their Spring/Summer 2023 collections at Playtime Paris

The summer edition of children's fashion trade show, Playtime Paris, will return from July 2 to 4 at the Parc Floral de Paris, where 350 brands will be presenting their collections.
Fashion
Trade shows

Pure Origin becomes UK's largest sourcing show

Fashion supply chain trade show Pure Origin has become the UK’s largest sourcing event. The show, which runs parallel to Pure London on 17-19 July at Olympia London, will feature 20 new ‘Country Pavilions’.
Fashion
Trade shows