Nike remains resilient as it weathers supply chain crisis
Oregon-based Nike said second-quarter revenues were flat on a currency-neutral basis as it continues to manage the ongoing impact of supply…
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GlobalData Retail
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Gap Inc swings to Q3 loss on supply chain disruption
San Francisco-based Gap Inc has swung to a loss for the third quarter and downgraded its guidance for the full…
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Tapestry ups FY outlook, forecasts record sales
New York-based Tapestry Inc has reported results for the fiscal first quarter ended 2 October. Net sales totalled US$1.48bn for the…
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Ralph Lauren swings to Q2 profit as sales rise 26%
Ralph Lauren Corporation published its results for the second quarter ended 25 September. Ralph Lauren Corporation reported second-quarter revenue of…
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Nike growth set to slow as supply chain issues bite
Q1 reported revenues were US$12.2bn, up 16% compared to the prior year and up 12% on a currency-neutral basis. Revenues…
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The four key direct to consumer apparel trends
The growing direct to consumer (DTC) apparel industry trends get rid of the middleman and helps brands to maximise their…
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Digital and DTC enable Nike to bounce back
Q4 reported revenues were US$12.3bn, up 96% on last year and increasing 21% on Q4 2019. Net income for the three months…
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Destination appeal aids Inditex in retail reopening
The company swung to a Q1 net profit of EUR421m (US$513.1m), compared with a loss of EUR409m a year earlier. …
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Sustainable fashion a necessity post-Covid
Consumers have shown a keen interest in brands adopting more sustainable actions in their value chains post-Covid-19. While Europe and…
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Etsy’s $1.6bn Depop deal taps Gen Z shoppers
When the deal closes later this year, Depop will continue to be based in London, and operate as a standalone…