Alphabet’s miss fans inflation fears across digital advertising By Reuters API Google The negative results shattered many expectations that Google, which is the world’s largest digital advertising platform by market share, would remain strong in a weakening economy and reinforced…
Lululemon to open flagship store on Champs-Elysées in Paris Translated by Nicola Mira For several weeks there have been rumours among Parisian commercial real estate experts about the yoga and fitness apparel specialist Lululemon. The Canadian brand, already present in the French capital…
JD Sports Fashion H1 profits fall, but H2 starts strongly JD Sports Reuters The company recorded revenue of £4.418 billion (based on IFRS 16 figures), up from £3.885 billion. But operating profit dropped to £332.9 million from £396.8 million, and…
Kontoor Brands sales hit by U.S inventory snags, Covid lockdowns in China U.S denim group Kontoor Brands Inc. announced on Thursday revenues for its recently ended third quarter decreased by single-digits, hit by U.S. retailer inventory rebalancing efforts in the quarter…
Bestseller posts record results for 2021-22, but prudence is in order Translated by Nicola Mira In fiscal 2021-22, closed on July 31 2022, Danish fashion group Bestseller A look by Vero Moda, one of the Bestseller group’s brands – DR…
Sway, Zerocircle, Notpla win Tom Ford Plastic Innovation Prize The Tom Ford Sway, Zerocircle, Notpla win Tom Ford Plastic Innovation Prize. – Tom Ford The global competition, powered by nonprofit Lonely Whale, with title sponsors Tom Ford Beauty and The…
New Era seeks to assert position as lifestyle brand Translated by Roberta HERRERA New Era “We’ve almost doubled our sales from before the crisis,” said Laurence Joslin, marketing, brand and product director for Europe who is based in London. “Since…
Lululemon appoints Clark new senior VP for Europe Lululemon has a new Senior Vice President to lead the sportwear retailer’s EMEA region. Sarah Clark joins this week as the retailer “continues to grow and deliver on its next chapter of international…
Abercrombie & Fitch adds new board member Abercrombie & Fitch Helen Vaid – Pizza Hut A corporate veteran, Vaid was most recently chief executive officer of Foundry Brands, a digitally native brand platform. In that role, which she held until February,…
In-store retail, sustainability top technology trend in retail in 2023: Perfect Corp In-store retail and sustainable digital transformation are expected to be top retail technology trends to watch in 2023, according to a new report by Perfect Corp In-store retail,…
