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.
If any sector in fashion has enjoyed a global boom it is outerwear, from the ginormous success of Moncler to millions of ubiquitous puffers. However, few marques have married performance with polish as well as Mackage.
Mango is following in the footsteps of Nike, H&M and others and halting its ops in Russian, where it has 120 stores (65 of them franchises). But Inditex and Tendam haven't yet announced a halt to their activity.