Ukraine’s Zelenskiy thanks Nike for leaving Russia market By Reuters Ukrainian President Volodymyr Zelenskiy said on Friday he had spoken to Nike Archiv ”This is an example of how business can play a significant role in protecting humanity and freedom,”…
River Island is back in profit as it grows at home and in N. America British fashion retailer River Island River Island That meant operating profit was £73.5 million, a big bounce from the £36.2 million loss in 2020. And…
Primark sales rise, UK and US are strong but European markets prove tough The owner of PrimarkAssociated British Foods Reuters The company said total sales for the financial year should be some £7.7 billion. At constant currency that’s 40% ahead of…
Another strong year for Inditex as sales and profits beat inflation Inditex Inditex And it said its SS23 collections “have been very well received by our customers”. Store and online sales in constant currency between 1 February and 13 March…
Nykaa Fashion brings Revolve to India NykaaRevolve Nykaa Fashion brings Revolve to India – Revolve With this association, Nykaa Fashion will house over 400 brands across apparel, footwear, and accessories, from the global powerhouse Revolve on its online platform. Commenting…
Puma and Foot Locker expand partnership to reach Gen Z, Gen Alpha PumaFoot Locker Puma and Foot Locker expand partnership to reach Gen Z, Gen Alpha. – Puma Through the partnership, Puma and Foot Locker have planned a series of…
Uniqlo owner set for record annual profit, but all eyes on China showing By Reuters API Japan’s Fast RetailingUniqlo The company, Japan’s biggest retailer, has posted strong performances in North America and Europe in the first three quarters of the…
Stitch Fix profits devastated by stunted U.S. retail spend Stitch Fix Stitch Fix The San Francisco-based company said net revenues for the fourth quarter ending July 30 decreased 16% year-over-year to $481.9 million, while active client numbers fell 9% to 3.8…
How carbon emissions are now being used to make sneakers By AFP-Relaxnews Forget polluting materials and oil-based resources, Swiss sports brand On presents a pair of running shoes made from carbon emissions. This is achieved thanks to a combination of…
Hibbett fourth-quarter sales uptick salvages full-year U.S. sporting retail group Hibbett announced net sales for the fourth quarter ended January 28 increased 19% to $458.3 million, helping the firm log a small uptick in annual sales for fiscal 2023, overcoming environmental…
