Safilo’s Q1 net sales drop 3.5% but Europe is strong
Translated by Nicola Mira Published May 8, 2024 In Q1 2024, net sales for Italian eyewear group Safilo were €277.2 million, down 1.8% at constant exchange rates and 3.5% at…
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About You is profitable for first time in fiscal 2023-24
Translated by Nicola Mira Published May 8, 2024 German fashion e-tailer About You has reported a €3.2 million profit for its non-standard financial year that closed at the end of…
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Frasers Group close to deal for Ted Baker retail
None of the parties involved are commenting, but as of Wednesday afternoon, it looks like Frasers Group is getting closer to a deal to take on Authentic Brands Group’s Ted…
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Bluebella lingerie gets King’s Award for Enterprise
The prestigious King’s Award for Enterprise has a new recipient. London-based lingerie company Bluebella has been recognised for its “excellence in international trade”. Bluebella Bluebella’s founder and CEO Emily Bendell…
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Inc & Co buys Studio Pia, founder stays on, plans brand refresh this year
Investment firm Inc & Co has announced the acquisition of Studio Pia – a British ethical and sustainable luxury lingerie brand. Studio Pia It said the “strategic move signifies the…
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Seasalt sales rise as firm stays on growth trajectory
Seasalt has filed its accounts for the year to the end of January 2023 and they showed turnover rising but some profit measures falling as investment and one-costs hit the…
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Boohoo sales, profits fall, but group talks of growth to come
Boohoo Group reported its annual results (for the year to late February) on Wednesday and while they featured a sea of red ink, the online fast fashion retail giant talked…
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Crocs reports Q1 sales uptick on namesake brand revenues, appoints new CFO
Crocs Inc. announced on Tuesday first revenues totalled $939 million, an increase of 6.2%, with Crocs brand revenues offsetting a double-digit decline in HeyDude sales. Crocs The Colorado-based firm said Crocs revenues…
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Italian shoemaker Tod’s to court US lovers of quiet luxury
By Reuters API Published May 7, 2024 An investment firm backed by LVMH is betting demand from wealthy Americans for quiet luxury will ensure its 510 million euro ($545 million)…
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Coty inks license agreement with Lena Gercke to launch debut fragrance
Coty Inc. has inked a license agreement with German television presenter and model, Lena Gercke, to introduce her debut fragrance under her fashion brand LeGer. LeGer by Lena Gercke. – Lena…
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