Puma raises revenue outlook, handling China woes better than Adidas By Reuters German sportswear maker PumaAdidas Photo – – Puma Puma said its earnings before interest and taxes (EBIT) rose 34.4% on the year to 146 million euros ($148 million),…
Victor Capital sells PrimaLoft to Compass Diversified Translated by Roberta HERRERA Primaloft, the nearly 40-year-old thermal insulation material specialist, has been acquired by the American group Compass Diversified, also known as Codi. The American holding group has already invested in…
Levi Strauss appoints new head of South Asia-Middle East and Africa Levi Strauss & Co Amisha Jain – Levi Stauss The San Francisco-based company said Jain will be responsible for leading the company’s operations in SAMEA and ensuring that the region…
Promod’s Julien Pollet talks transformation strategy, sustainability and numbers Translated by Cassidy STEPHENS With a new logo made up of the brand’s initial and a heart, a communication campaign centred on women and commitment, Promod This is an opportunity to…
Women’s fashion inflation worse than men’s says Swiss report By AFP-Relaxnews In Switzerland, inflation is even making its way into women’s clothing stores — a phenomenon described as “pinkflation.” For several months now, many European countries have been facing significant…
Bestseller says innovative fibre is now in Jack & Jones stores Claiming to be a breakthrough in textile innovation, a two-year collaboration between Danish fashion group Bestsellermaterial innovation company Spinnova has led to the launch of a statement pair of…
Events recovery picks up pace as Hyve secures new financing Hyve Group is returning to pre-pandemic normality with the international exhibitions organiser saying the pace of in-person event recovery in FY22 has “exceeded anticipated levels”. Meanwhile, the group also announced it…
Meta’s new Quest Pro headset, mixing real and virtual worlds, makes debut By Reuters API Meta Platforms unveiled its Quest Pro virtual and mixed reality headset on Tuesday, marking a milestone for Chief Executive Mark Zuckerberg The Quest Pro features…
Gap Inc. CEO steps down, Old Navy appoints president, CEO GapSonia Syngal Gap Inc. CEO steps down, Old Navy appoints president, CEO. – Facebook: Gap Effective immediately, Bob Martin, the company’s current executive chairman of the board, will serve as…
Urban Outfitters clocks record Q2 sales on strong Anthropologie, Free People comps Urban Outfitters For the second quarter, Urban Outfitters clocked record sales during the three months, up 2.2% to $1.18 billion. – Urban Outfitters The Philadelphia-based company said revenues…
