In Data: Tapestry ‘needs’ Capri merger says analyst as luxury slowdown hits Q3
Luxury conglomerate Tapestry, which owns brands including Coach, Kate Spade and Stuart Weitzman, was relying on its merger with rival…
financial performance
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Skechers revenues driven by strong domestic, international sales
For the three months ended 31 March, Skechers recorded a notable increase in group sales by 13.4% on a constant…
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Adidas Q1 turns up ‘better-than-expected’ sales on Yeezy boost
Adidas reported that its latest Yeezy drop generated revenues of around €150m and an operating profit of around €50m in…
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Levi Strauss & Co shares ‘disappointing’ Q1 2024 results
For Q1, Levi saw net revenues decline from $1.689bn in 2023 to $1.56bn in 2024, 8% lower on both a…
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PVH reports increased FY23 revenue, continues turnaround plan
PVH Corp's total revenue for FY23 was $9.22bn, up 2% compared to 2022. The company believes any benefit from the…
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The Very Group partners with investors to boost growth amid half year loss
The Very Group noted in its interim results for the 26 week period ended 30 December 2023 that higher interest…
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Puma FY23, Q4 sales suffer from sportswear market slow down
Puma reported a 9.8% decrease in its group sales to €1.98bn ($2.15bn) and by 4% on constant-currency basis for its…
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Lululemon raises Q4 outlook on ‘innovative’ product offering success
For Q4 of fiscal 2023, Lululemon said it now expects net revenue to be in the range of $3.17bn to…
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Superdry forecasts FY24 profit slide
Superdry disclosed that the trading performance for FY24, spanning the 26-week period ending 28 October 2023, has been "significantly below…
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PVH raises FY guidance despite weak home market slowing Q3 recovery
PVH reported strong digital sales, alongside lower freight costs and lower inventory levels, as it shows signs of progress in…
