Nike sales surge on North America, EMEA growth; earnings flat Nike Nike Analysts had expected $12.57 billion, according to IBES data from Refinitiv. The Portland, Oregon-based company said revenues for its Nike brand were $12.7 billion, up 18% on a reported…
Jott debuts in London’s Marylebone, plans Battersea Power Station Store L Catterton Jott Company chief Didier Lalance said that London “is a priority in the international development of Jott, and Marylebone is the first opening of many more to come…
Luxottica and Bulgari are not renewing their eyewear license agreement Translated by Cassidy STEPHENS LuxotticaBulgariLVMH Un modèle de lunettes Bulgari – luxottica.com “The two companies will continue to work together until their agreement expires at the end of the year,”…
Walmart sees lower 2023 performance in time of economic uncertainty By Reuters Walmart struck a cautious note in its economic outlook for 2023 on Tuesday as the retail bellwether forecast full-year earnings below estimates and warned that tight spending by…
Uniqlo launches global Next Generation Development Program for sports and creativity Fast RetailingUniqloNext Generation Uniqlo It’s described as “a unique new global effort by the company, designed to help young people around the world become their very best through sports…
Puma taps European marathon champion Aleksandra Lisowska Sports giant Puma Puma taps European marathon champion Aleksandra Lisowska. – Puma As part of the agreement, Lisowska will wear the brand’s performance products starting at the Rotterdam Marathon on April 16. In…
Adidas slashes 2022 outlook, investors pin hopes on incoming CEO By Reuters API AdidasKanye West Reuters Bjorn Gulden, who has led Puma since 2013, will move to Adidas as chief executive from Jan. 1, replacing current CEO Kasper Rorsted who…
Claudie Pierlot names Olivier Germain managing director Translated by Nicola Mira After working two years as chief product officer at the New Guards Group, owner among others of Off-WhitePalm AngelsBalmainClaudie PierlotSMCPMajeSandroClaudie PierlotFursac Olivier Germain has been appointed managing director of…
PLBY Group sales growth strong in 2022, earnings take hit PLBY Group announced on Friday revenues for the full year 2022 grew 8% to $266.9 million, coinciding with net losses widening for the 12 months ending December 31. Honey Birdette The…
Lululemon Athletica sees margin squeeze in holiday quarter; shares slump By Reuters Lululemon Athletica Inc forecast a decline in holiday-quarter gross margins on Monday as the apparel maker discounts more and grapples with higher costs, sending its shares down more…
