Italian luxury goods company Tod's said it may struggle to meet market expectations for earnings this year after a bigger than forecast 4.4 % drop in first-quarter revenue, driven by shrinking Italian and U.S. sales.
Hong Kong’s Global Brands Group is to manage Juicy Couture in Europe and will kick off its new remit with a major push in the UK. Juicy is also targeting menswear growth with a capsule collection called Dirty English.
Italian luxury outerwear maker Moncler reported on Thursday a 16 percent rise in first quarter revenue, lifted by sales in Europe, particularly in Britain, France and Germany. Moncler said sales came in at 276.
Missguided said Thursday that it has “once again achieved spectacular growth” with revenues increasing 75% to £206m. And international sales grew even more, up over 130% and accounting for over 40% of the total.