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 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 the [...]read moreAdena’s sales and profit drop in tough year, Accessorize is stronger than Monsoon
Translated by Nicola Mira Published Apr 26, 2024 Forging a strong direct relationship with consumers is one of the mainstays of the ‘Project Fuel’ plan drawn up by Michelle Gass, who earlier this year was appointed CEO of Levi Strauss & Co. And while Levi’s will chiefly focus on expanding its retail network in Asia, [...]read moreLucia Marcuzzo of Levi’s says that “even at tough times like the current, a DTC strategy fosters growth”
Generated revenue remained flat at $1.1 billion from the same period a year ago while the franchisor improved net losses by 27 percent year over year to a loss of $101 million, according to a Thursday earnings call. At Inman Connect Las Vegas, July 30-Aug. 1 2024, the noise and misinformation will be banished, all your [...]read moreAnywhere’s Revenue Holds Steady In Q1 Amid ‘Tough’ Housing Market
Thomas Sabo UK has filed its accounts for the year to last June with the British arm of the German jeweller saying its turnover and profits fell while its costs rose. Thomas Sabo But the company emphasised that it was a challenging year for the UK retail sector and that in the circumstances it considers [...]read moreThomas Sabo’s UK results show tough times for the business
In this article Are you sitting on the sidelines in this market? Many investors are. There’s a lot of fear and caution. But we’re not. And you don’t need to be, either. Of course, I recommend staying in cash if you can’t find the right investment opportunity. But we are finding them on behalf of our investors, and [...]read moreDo You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
Dr Martens issued an update on Tuesday that detailed the ongoing challenges at the business. But in headline-grabbing news, it also said its CEO is to step down. DR Kenny Wilson won’t be going straight away, however. We’re told he’s “decided that this will be his final year as CEO. As part of an orderly [...]read moreTough times continue at Dr Martens, CEO to step down this year
A decade after making Fifty Shades of Grey, Sam Taylor-Johnson‘s perspective remains anything but. The director addressed how difficult the experience was in a new interview with The Hollywood Reporter, telling the magazine, “The success of it was great, but the experience of it was tough.” From Taylor-Johnson’s perspective, the challenges that emerged stemmed from her conflicting [...]read more‘Fifty Shades of Grey’ Director Sam Taylor-Johnson Recalls ‘Tough’ Time Filming Movie
Rivian has a challenging year ahead — and the first quarter is off to a tepid start. The EV startup announced Tuesday that it built 13,980 vehicles and delivered 13,588 of them in the first quarter of 2024. Both of those figures are down from the fourth quarter of 2023, where it built 17,541 and [...]read moreRivian started a tough year on a flat foot
Aaron Taylor-Johnson gettin’ his license to kill it as James Bond from a former 007 … who tells us ATJ’s got the toughness to handle the secret agent life. George Lazenby — who played Bond in 1969’s “On Her Majesty’s Secret Service” — gave Aaron his seal of approval … saying the 33-year-old can handle [...]read moreEx-James Bond George Lazenby Says Aaron Taylor-Johnson Is Tough Enough For 007
SMCP‘s full-year results Wednesday saw it confirming that sales rose 4% at constant exchange rates (3% on an organic basis) to reach €1.231 billion. But net profits still plummeted and the company is intensifying its efforts to boost its brands and control costs. Sandro The company said the average in-season discount rate had stayed “nearly [...]read moreSMCP hit by tough finale to 2023 as profits fall, but sales still edged up