Esprit confirms profits fall, commitment to invest heavily in growth Esprit Esprit The unaudited results were widely flagged last week when the company issued a profit warning, but it said on Wednesday that it’s “back on track to consistent growth…
PayPal forecasts strong full-year profit, says CEO to retire at year-end By Reuters API PayPal Holdings Inc forecast full-year profit above Wall Street estimates on Thursday and said Chief Executive Dan Schulman will retire at the end of 2023, after…
Reece Yeboah signs an urban capsule inspired by streetwear for COS Translated by Cassidy STEPHENS On Thursday January 26, designer Reece Yeboah unveiled a capsule collection for the COSGivenchyBurberryRiccardo Tisci Reece Yeboah collaborates with COS – Campbell Addy Made up…
H&M revisits Brasserie Hennes for party season campaign with Sevigny and Paak H&M H&M The ‘brasserie’ has been transformed into a “disco-inspired snowscape for the holidays – it’s cosy, inviting and buzzing with festive excitement”. And this season’s famous faces…
Scotch & Soda unveils Dutch Wool collection More and more brands are focusing on using sustainable materials these days and while that often means special technology to create circular processes for recycling fibres, there’s also a move towards more locally-sourced…
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…
Deckers Q1 sales surge on Hoka brand, reaffirms full-year guidance Deckers Brands announced Thursday a strong start to fiscal 2023, reporting a first-quarter revenues uptick of 22%, on the back of strong growth in its portfolio darling, Hoka. Hoka The…
Fila’s Q3 hit by promotional US market Sports and leisurewear operator Fila Fila’s Hailey Bieber campaign Fila Holdings said the three months to September 30 saw sales up 16.4% to KRW1,079 billion ($815m), but they rose only 2.6% currency-neutral. Fila…
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…
Canada retail sales fell in July amid rate increases By Reuters Canadian retail sales fell more than expected in July, though they likely rebounded slightly in August, Statistics Canada data showed on Friday, indicating interest rate increases by the Bank…
