The Athlete's Foot announced on Thursday record revenues for the year 2021, surpassing its "ambitious" annual sales target of $500 million for the twelve months.
In 2021, the L’Oréal group's luxury division, which includes Lancôme, Armani and Yves Saint Laurent, became the global beauty giant's largest, generating revenue of €12.34 billion.
The French licensing group is taking over the surf brand previously owned by the Norprotex group as the company halts its activity to become a holding company.
Under Armour Inc on Friday warned that higher transportation costs would squeeze its earnings in the current quarter, as the sportswear maker wrestles with COVID-19-led disruptions to its supply chain.
Asics EMEA is bouncing back from the pandemic year and said consolidated net revenues rose 13.7% in 2021.Operating income rose 121.8% to €83.1 million and it saw profitable growth across all categories and channels.
The French skiwear brand suffered the consequences of the confinements and closures of ski resorts in 2020, but it found a fruitful market for its functional yet stylish fashion products.
Forever 21 has inked a new licensing deal with HB Connections, a full-service company that designs, manufactures and distributes fashion handbags.
Urban Outfitters on Thursday reported a 14.2% uptick in fiscal 2022 net sales for the year ended January 31, compared to pre-pandemic levels in fiscal 2020, driven by double-digit comp growth during the 12 months.
Dan Cohen, co-founder of the brand, and Ilan Amar have “found the path to profitability” by transforming the business model of the French label on the European market.
Canada Goose Holdings Inc, cut its full-year revenue and profit forecasts on Thursday, as Omicron-related restrictions dampen demand for the company's luxury parkas and footwear, sending its shares down nearly 20%.
Shares in the world's largest cosmetics company L'Oreal dropped on Thursday as higher marketing spending pressured profitability, overshadowing forecast-beating sales and market share gains.
Tapestry Inc raised its full-year revenue and profit forecast on Thursday as consumers splurge on luxury handbags and apparel in the United States and Europe, boosting the Kate Spade owner's shares 3% in premarket trade.
Pittards is recovering, the high-end leather and leather goods producer/retailer said Thursday, reflected in a stronger set of trading figures for the year ended 31 December, boosted by a good second half performance.
Covid lockdowns and the dramatic switch to online shopping have been key to Beauty Bay’s surge in sales and profits, the Manchester-based make-up, skincare, bath and body retailer said.
Watches of Switzerland continued to prosper in Q3 — the 13 weeks to the end of January — and the company’s strong trading means it now expects its full-year figures to be near the top end of its earlier forecast.
