European swimwear giant Arena deploys new strategy Translated by Nicola Mira When lockdowns and other restrictions were imposed because of the Covid-19 pandemic, swimming pools had to stay closed, while practitioner numbers boomed for other sporting activities like yoga and…
Department stores amping up own-brand business Translated by Nicola Mira In the past, department stores’ own brands were used to fill a gap in the affordable or entry-level segments of the market, but over time they have evolved, and are…
Academy Sports + Outdoors posts record annual results on the back of best sales quarter U.S. sporting and outdoor retailer Academy Sports + Outdoors on Tuesday announced record results for the full year 2021, on the back of its best-ever…
New rules for U.S tech giants to come into force in October, EU’s Vestager says By Reuters API Tough new rules targeting U.S. tech giants agreed late on Thursday are expected to come into force in October, EU antitrust chief…
Pierre Cardin, Ahlers distribution deals face EU antitrust scrutiny By Reuters API French fashion house Pierre Cardin Photo: Shutterstock – shutterstock The move by the European Commission, which acts as the EU competition enforcer, followed dawn raids at a German…
Next links with finance firms to buy Jojo Maman Bébé, no immediate job losses Next Jojo Maman Bébé It won’t be the majority owner though with the firm taking a minority — albeit a large minority — stake, adding up…
Meta Platforms operations chief Sheryl Sandberg to leave after 14 years By Reuters API Meta Platforms Inc Chief Operating Officer Sheryl Sandberg is leaving the company after 14 years, she said in a Facebook post on Wednesday, sending the social…
H&M focuses on future growth as sales and profits soar H&M H&M The quarter’s net sales in local currencies increased by 11% and were up 8% in SEK at SEK56.8 billion (€5.4bn). Gross profit rose 14% to SEK31.3 billion with…
Primark launches new website in UK with raft of added features Primark Primark Created to “better connect the journey between searching online and then shopping in-store”, the new site features “thousands of products from across Primark’s best-selling ranges, as well…
JD Sports links with Excel Esports gaming brand JD Sports Excel Esports JD Sports replaces BT as the sponsor and has agreed a deal that will see its logo worn by Excel Esports’ roster of players who compete in games…
