By Reuters Published Aug 6, 2024 The current political unrest in Bangladesh is expected to disrupt the country’s clothing industry, potentially affecting global apparel retailers from H&M to Zara as …
JD Sports has become the first global retail partner for Nike’s Connected Membership programme. JD Sports The link-up actually launched in the UK in 2022 but it has now arrived …
By Bloomberg Published Aug 6, 2024 Indian textile makers’ shares surged on bets they stand to gain from a political turmoil in Bangladesh that threatens to disrupt supply chains. Archivo …
By Reuters Published Aug 5, 2024 Hugo Boss has sold its Russian business to wholesale partner Stockmann for an undisclosed fee, the German fashion house said on 5 August, joining …
By Reuters Published Aug 6, 2024 Zalando said on 6 August it would open a new tech site in China’s tech-hub Shenzhen, but it was not planning to expand its …
By Reuters Published Aug 6, 2024 Online fashion marketplace Zalando reported an 18.5% rise in its operating profit for the second quarter on Tuesday (6 August), helped by improved inventory and …
By Reuters Published Aug 7, 2024 Nivea maker Beiersdorf missed expectations for half-year operating profit on Wednesday, and said the luxury market slowdown in China had hit the sales of …
By Reuters Published Aug 7, 2024 German sportswear maker Puma on Wednesday narrowed its outlook for full-year core profit, sending its shares briefly to 2018 lows, citing higher freight costs, …
By Reuters Published Aug 7, 2024 VF Corp reported a smaller-than-expected drop in first-quarter revenue on Tuesday, helped by improvement in its China business as well as leaner inventory levels, …
By Bloomberg Published Aug 7, 2024 Coupang Inc posted its first loss in two years, after the acquisition of unprofitable Farfetch Holdings Plc and a government regulatory fine offset strong …