THG sees strong growth, company rejects multiple buyout approaches Online beauty and technology group THG reported its preliminary results for last year on Thursday, plus a Q1 trading update that showed it weathering the current inflation and supply chain storm…
Urban Outfitters sees double-digit holiday sales growth on digital Urban Outfitters In its opening earnings release statement, the Philadelphia-based Urban Outfitters Inc said it viewed the comparison of fiscal 2022 results to fiscal 2020 as a more “meaningful measurement of…
Gap says earnings set for strong 2022 as social events return By Reuters GapOld NavyAthleta Gap Shares of the apparel retailer jumped 7.2% to $15.67 in extended trading, as it also posted a smaller-than-expected loss for the fourth quarter. Many…
Puma, Billionaire Boys Club and more team up with Micah Johnson’s crypto native NFT Aku In case you’ve been on the fence about jumping into the world of NFTs, the story of Aku, a virtual boy astronaut with an oversized…
South African fashion retailer TFG buoyed by strong demand By Reuters South African fashion retailer TFG reported a 21.6% rise in half-year turnover on Wednesday, as affluent customers snapped up dresses and shoes. Image: TFG’s Jet – Jet Higher-income consumers…
CIFF: Scandi sustainability weathering the pandemic with grace CIFF, which debuted on Tuesday, was all about sustainability and weathering the pandemic with a certain Scandinavian sense of resilience. Photo: CIFF Though visitor numbers are still depressed due to COVID, CIFF remains…
Bimba y Lola generates sales worth €216.5 million in 2021, up by 31.4% By EFE Translated by Nicola Mira Spanish fashion and accessories label Bimba y Lola Photo: Bimba y Lola Bimba y Lola’s revenue was nearly on par with…
Meta’s shock share price drop shakes world tech By Reuters API Shares in Facebook owner Meta fell 20% in U.S. premarket trade on Thursday after the social media giant issued a dismal forecast, blaming Apple The shock drop, which comes…
Boohoo settles US lawsuit, reportedly calls for supplier discounts Boohoo PrettyLittleThing Boohoo had denied the allegations that were made in the lawsuit filed in May 2020 and has agreed to settle “without admission of liability”. “The court has not determined…
Global brands exit Russia over Ukraine invasion By Reuters API From Canada Goose Photo: Shutterstock Some of the biggest Westerns brands, from Boeing and Exxon Mobil to Ford Motor Co, have suspended operations in Russia in an unprecedented wave of…
