Companies
Demna named new creative director at Gucci
Demna, who has been creative director of Balenciaga since 2015, has been appointed as the new creative lead at Gucci, the Kering Group, parent to both houses, announced
Puma issues downbeat outlook for 2025
The German sportswear company has posted solid sales growth on a currency-adjusted basis and improved our gross profit margin in 2024. However, this is not enough to offset a pessimistic outlook for 2025
Shoe Zone launches a new app as part of its omnichannel focus
The UK-based footwear retailer has launched a revamped app designed to improve the online shopping experience. The move is part of the expansion of its omnichannel strategy
Asia expected to Present the Fastest Growth in Footwear Production
In the latest World Footwear Business Conditions Survey we asked our panel of experts about the region which will experience the fastest growth in footwear production over the next five years. Asia ranked first. Africa was listed as a potential emerging hub
Schuh cuts jobs as part of wider restructuring
Following a voluntary redundancy process launched by the company in January, the footwear retailer has cut 39 head office and store jobs. This is part of a wider restructuring strategy
Inditex reports strong full year results
The Spain-based fashion group, which owns Zara and Massimo Dutti, among others, has reported a strong performance for the fiscal year 2024, with both sales and profits up year-on-year
Yue Yuen profit rises by more than 40% in 2024
The Hong Kong-based group ended the year with a 3.7% increase in revenue and a significant 42.8% rise in profits over the previous year, driven by solid performances from its manufacturing businesses
Donatella Versace leaves the creative helm at Versace
Dario Vitale will be the new creative director of Versace from the 1st of April, the parent company Capri Holdings has announced. Donatella Versace has been appointed Chief Brand Ambassador
Geox full year sales decline
The Italy-based footwear company, which is focused on a five-year business plan to increase sales to 850 million euros by 2029, reported a 7.8% year-on-year decline in full year sales
Görtz layoffs 93 employees
The German shoe retailer has announced 93 redundancies after the Federal Employment Agency rejected its application for pre-financing of insolvency benefits, affecting around 400 employees
Mango posts strong 2024 results
The Spain-based fashion retailer has posted strong results for fiscal 2024, with turnover up by 7.6% and net profit up by 17% as compared to the previous year
Macy’s reports fourth quarter and fiscal 2024 results
The US-based department store chain has reported its fourth quarter and full year results, highlighting the success of its Bold New Chapter strategy in customer experience.
Benjamin Majster: Last Engineers supports brands to achieve their sustainability goals
We continued our conversation with Benjamin Majster, CEO of Last Engineers, about how the platform encourages collaborations between design and production teams, sustainability and the future prospects of the startup
Swiss sportswear company On delivers strong 2024 results
The Swiss-based sportswear company delivered a strong 2024 performance, with double-digit net sales growth across channels, regions and product segments
Foot Locker makes profit in the fourth quarter despite lower sales
The US-based sports retailer returned to profit in the fourth quarter of 2024. However, the company’s total sales still fell by 5.8% as compared to the same period of the previous year-
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