Joules warns on profits despite booming sales Joules Joules But while the performance in the second half so far has been strongly ahead of the previous year, it’s been behind the board’s expectations with the company being hit by most…
Challenging conditions mean Seraphine re-sets ambitions after strong 2021 Maternity-wear brand Seraphine managed to perform well in the year ended 3 April, despite “significantly more challenging market conditions”, the stock exchange-listed international online retailer said in its trading update Thursday.…
Lands’ End sales, earnings hit hard by supply chain woes Lands’ End The Dodgeville, Wisconsin-based company said total revenues for the first quarter ending April 29 totalled $303.7 million, down 5.5% on the same quarter last year. Lands’ End By…
Jeanologia launches Colorbox, a ‘less polluting’ garment dyeing process Translated by Nicola Mira Spanish company Jeanologia The Colorbox technology makes it possible to save up to 60% of water and chemicals used during dyeing – Jeanologia “The average saving for…
Karen Katz joins Intermix’s board of directors IntermixNeiman Marcus Karen Katz joins Intermix’s board of directors. – Intermix The former president and CEO of Neiman Marcus Group was one of the first female CEOs in fashion retail. She was with…
A.K.A Brands sales up 116% on U.S. revenues, Culture Kings weighs in A.K.A. Brands announced on Tuesday net sales grew 116% during the first quarter, a surge impacted by the acquisition of Australian streetwear retailer Culture Kings, which added $48.9 million…
Amazon offers concessions to end EU antitrust investigation By Reuters API Amazon Reuters The U.S. online retail giant also offered to treat sellers equally when ranking their offers for the “buy box” on its website and which generates the bulk…
How ‘Stranger Things’ is reviving nostalgia for ’80s fashion By AFP-Relaxnews The 1980s that are buzzing on specialist search engines and social networks, fueled by the return of the series “Stranger Things.” Available since May 27 on Netflix, the first…
Calzedonia’s revenue back to pre-Covid levels in 2021 Translated by Nicola Mira In fiscal 2021, Italian hosiery and lingerie group Calzedonia Sandro Veronesi, president of the Calzedonia group – président du groupe Calzedonia “Investments amounted to over €160 million, both…
Puma says China boycott, cost pressures weigh in 2022 By Reuters API Puma Reuters Puma expects 2022 operating earnings of 600 million to 700 million euros ($679-$792 million), up from 557 million in 2021 but short of the 692 million…
