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Higher Prices, Strong Demand Drive Birkenstock to Record Sales in Q1
The company also reported a narrower loss this quarter compared with the previous one.
Moncler Group Shares Climb Following Strong 2023 Performance
Moncler Group shares rose after posting strong 2023 sales and profits, and beating analysts' expectations.
Moncler Group 2023 Revenues Graze 3B Euros
Chairman and CEO Remo Ruffini touted the performance, celebrating the first decade since the IPO in Milan.
SMCP to Detail Turnaround Plan This April
The accessible luxury player is looking to reduce costs and boost growth after a tough year, it said as it…
Off-pricer TJX Does What Macy’s Couldn’t and Grows
TJX continued to gain share in the fourth quarter and for all of last year.
Warby Parker Looks to Open 40 Stores in 2024, Launch More Higher-priced Collections
The eyeglass brand grew sales solidly in the fourth quarter and year, but Wall Street wants more growth.
Farfetch Still Dreams of Luxury Dominance Under New Owner Coupang
Farfetch's new owner Coupang gave a hint of what's to come for the online platform in its year-end conference…
CIT Veteran Marc Heller Joins MMG Advisors
Allan Ellinger's MMG has tapped into some factoring talent to help grow his dealmaking business.
Positive 2023 for Puma, but 2024 Outlook Requires More Effort in North American Market
The German activewear brand saw sales increase over the past year but also predicted tough times ahead. In…
Moncler Sees Shareholding Changes, Rivetti Family to Invest Directly in Brand
Carlo Rivetti, chairman of Stone Island, will have a stake of around 4 percent and Remo Ruffini, chairman and…
Pharrell Williams’ Black Ambition Prize Aims to Empower Entrepreneurs
The grand prize is $1 million in the Black Ambition Prize Competition's fourth edition.
Antonio Marras, Intimissimi Owner Reports 2023 Sales of 3.1B Euros
Oniverse, formerly Gruppo Calzedonia, has been transforming from an innerwear and hosiery specialist to an…
Zulily IP Assets Go Up for Sale, Giving Flash Sales Site a Second Chance
Zulily's intellectual property assets are being shopped around by Hilco Streambank, giving the flash sales…
Champion Bids Roll In: Hanesbrands Said to Be Seeking $1.4B
Bids in the auction to buy the brand were due on Wednesday.
Wolverine Worldwide 2023 Sales, Profits Meet Guidance Following Transformational Year
Net revenues for the full fiscal year fell 16.5 percent to $2.24 billion versus $2.68 billion in 2022.