Frame names EMEA CEO as it targets fast growth in Europe
California-based denim and fashion brand Frame has named Thomas Lecoq as its new CEO for the EMEA region. Thomas Lecoq – Frame The company said he brings over 15 years…
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Profits bounce back in 2023 “despite difficulties in the apparel sector”
By AFP Translated by Nicola Mira Published Mar 15, 2024 The Showroomprivé group (SRP) announced on Thursday that its net profit bounced back in 2023, increasing by 54% to €500,000…
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JLP says John Lewis/Waitrose split definitely not on the cards
Following news of its long-awaited return to profit this week, bosses at John Lewis Partnership have now said there are no plans to separate the department stores from its Waitrose…
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Shift to online/TV marketing helps improve 4imprint results
US-based BtB promotional merchandiser 4imprint continues to see healthy demand from the medium-sized companies it supplies, its annual results for the year ended 30 December show. 4Imprint And that should…
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Austrian firm Lenzing’s revenue at $2.74 bn in FY23
By Fibre2Fashion Published Mar 15, 2024 Austria’s Lenzing Group, a leading global producer of regenerated cellulosic fibres for the textile and nonwovens industries, has reported a stable revenue of €2.52…
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Freemans launches TV-promoted new credit offer, calls it a cornerstone for growth
Freemans has launched of a new customer credit offer Flexi3 with the digital department store set to heavily promote the offer via a TV campaign. The launch is part of…
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Meghan Markle launches new lifestyle brand
By AFP-Relaxnews Published Mar 16, 2024 Meghan Markle, the wife of Britain’s Prince Harry, is launching a new lifestyle brand seemingly named after the couple’s oceanside California home. AFP An…
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Safilo posts 76% drop in FY net profit on higher revaluations
Italian eyewear group Safilo said on Thursday its full-year adjusted net result dropped by 76% on a yearly basis due to the accounting effect of the valuations of options of…
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Bimba y Lola fortifies board by welcoming former Kenzo CEO after maintaining stable sales in 2023
Translated by Roberta HERRERA Published Mar 16, 2024 Bimba y Lola sustained its stable sales performance in 2023. The Galician fashion house recorded revenues of 227 million euros in the…
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Efficiency, profitability, and responsible expansion
Translated by Roberta HERRERA Published Mar 16, 2024 For Inditex, ambition knows no bounds. Once again, the Arteixo-based company revealed record-breaking financial achievements, characterized by a 30% surge in net…
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