Tag: tough

New Burberry chief faces tough choices on high-end ambitions

By Reuters Published Jul 20, 2024 Burberry‘s new boss Joshua Schulman faces an immediate strategy dilemma. On Monday, the former head of Coach was appointed to replace Jonathan Akeroyd, becoming the fourth CEO of the 2.6 billion pounds ($3.36 billion) British fashion house in 10 years. See catwalkBurberry – Fall-Winter2024 – 2025 – Womenswear – Londres – ©Launchmetrics/spotlight [...]read moreNew Burberry chief faces tough choices on high-end ambitions

Cucinelli stock slide hints at tough results season for luxury

By Bloomberg Published Jul 13, 2024 Markets’ downbeat reaction to Brunello Cucinelli SpA’s solid second-quarter earnings is an ominous sign for Europe’s luxury goods companies, which likely face a tough slog this results season to placate investors’ concerns for the sector. Brunello Cucinelli Shares in the Italian cashmere house fell as much as 2.3% on [...]read moreCucinelli stock slide hints at tough results season for luxury

We Know Transitions Can Be Tough for Kids. It’s True for Adults, Too.

From Becoming an Everyday Changemaker by Alex Shevrin Venet. © 2024 Routledge/Taylor & Francis. Reproduced with permission. Change is unsettling. I mean this in both positive and negative ways. Change unsettles the status quo and breaks up our habits. Change often requires that we try new things and new ways of being together. This can [...]read moreWe Know Transitions Can Be Tough for Kids. It’s True for Adults, Too.

Decathlon UK is loss-making in tough market, but sees market share gains

Decathlon’s UK business was loss-making last year with the French retailer losing £2 million. That came as the market backdrop was tough and it pumped £10 million into various initiatives to transform its business. DECATHLON The performance was as expected with revenue down 5% and comparable store sales down a narrower 2.5%. It didn’t give [...]read moreDecathlon UK is loss-making in tough market, but sees market share gains

This Is Fine. Everything Is Fine: How To Be Grateful When Times Are Tough

Broker Aaron Hendon teaches you how to cultivate an attitude of gratitude, even when it’s tough to stay positive and productive. At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. Maybe this [...]read moreThis Is Fine. Everything Is Fine: How To Be Grateful When Times Are Tough

Watches of Switzerland bounces back in Q4 after tough nine months

Luxury watches and jewellery retailer Watches of Switzerland Group delivered a pleasing update on Thursday saying that Q4 of FY24 helped it “finish the year strongly”. Its full year (the 52 weeks to late April) performance was “in line with guidance” and its FY25 outlook “reflects cautious optimism”. The company repeated that it’s confident of [...]read moreWatches of Switzerland bounces back in Q4 after tough nine months

Mothercare says times remain tough as financing talks begin

Mothercare shares plunged in early trading on Friday as the mother-and-baby-products brand owner issued a bleak trading update for the 53 weeks to the end of March. But there were multiple reasons for that sharp share price drop beyond weak sales. Mothercare UK Of course, a double-digit sales decline was a key factor. The update [...]read moreMothercare says times remain tough as financing talks begin

Adena’s results dip in tough year, but firm is upbeat on Accessorize, Monsoon prospects

Monsoon may have been on the comeback trail post-pandemic but its latest year was a tough one (as it was for much of the fashion sector), its parent’s results have shown. Monsoon Adena Brands, which owns Monsoon and the Accessorize chain (as well as the smaller East), saw sales falling 4% to £248 million in [...]read moreAdena’s results dip in tough year, but firm is upbeat on Accessorize, Monsoon prospects

Lanvin Group weathers tough year, Caruso hits breakeven point

Lanvin Group’s revenue edged up by just 1% last year as it dealt with macroeconomic headwinds. But it saw continued margin improvement with group gross profit margin increasing to 59% and both contribution profit (gross profit less selling & marketing expenses) and adjusted EBITDA margins steadily improving. See catwalkLanvin – Fall-Winter2023 – 2024 – Womenswear – [...]read moreLanvin Group weathers tough year, Caruso hits breakeven point

Nigeria’s YC-backed Chowdeck hopes to scale food delivery, a notoriously tough market, with $2.5M funding

Food is significant to Nigerians, with households spending nearly 60% of their income on it, the highest globally, according to official reports. This strong affinity for food, coupled with the rise of online shopping, sets the stage for Nigeria’s food delivery market to potentially reach $2 billion to $3 billion by 2032. Despite the promising [...]read moreNigeria’s YC-backed Chowdeck hopes to scale food delivery, a notoriously tough market, with $2.5M funding