Companies
Frasers Group increases stake in Hugo Boss to more than 50%
Hugo Boss will become a subsidiary of British retailer Frasers Group after the latter increased its stake in the company to more than 50%, strengthening its position as Hugo Boss’s majority shareholder
Crocs delivers third-quarter growth and further raises full-year outlook
The US-based footwear company reported a 4.6% increase in revenue in the third quarter, driven by growth across its brands and distribution channels. As a result, it has raised its 2026 full-year outlook
Hector Muelas named Chief Brand Creative Officer at Louis Vuitton
Former Tiffany & Co. Chief Brand and Creative Officer, Hector Muelas, will take on a newly created role at Louis Vuitton. He will oversee the house’s image across campaigns, content, and creative communications
Shoe Zone Reports Lower Full-Year Revenue as Market Pressures Persist
In its latest full-year 2026 trading update, the UK-based footwear retailer reported a 4.5% decline in revenue, as weaker consumer confidence and a reduced store portfolio impacted sales
Puma appoints new Chief Commercial Officer
The Germany-based sportswear brand has appointed Arne Arens as Chief Commercial Officer. He joins Puma the apparel technology company Unspun, where he was CEO
Deckers lowers full-year sales outlook
Despite overall second-quarter sales growth, the California-based company has lowered its net sales outlook for fiscal year 2027, revising downward its growth expectations for Hoka and Ugg
Hermès grows in the first nine months of 2026
The France-based luxury group has recorded a 6% year-on-year increase in revenue at constant exchange rates in the first nine months of the year. All regions contributed to this growth except the Middle East
Zalando appoints Tom Christenson as SVP to drive B2B growth
The Germany-based online fashion retailer has appointed Tom Christenson as Senior Vice President to further advance its B2B business in the areas of logistics, software and services
adidas raises full-year profit outlook
The Germany-based company has increased its operating profit outlook for the full year 2026 based on preliminary third quarter results showing record top- and bottom-line performance
Ferragamo's nine-month revenue remains stable amid market headwinds
The Italy-based luxury group reported a stable revenue over the first nine months of 2026, with growth in direct-to-consumer sales offsetting a decline in wholesale amid challenging market conditions
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Stella International reports modest revenue growth in the third quarter
The Hong Kong-based group reported a 2.2% increase in revenue in the third quarter, reiterating plans to add around 20 million pairs of production capacity through new factories in Vietnam, Indonesia and Bangladesh
Mango promotes Marlies Hersbach to Chief People Officer
The Spain-based company has promoted Marlies Hersbach, who is currently Chief Online and Customer Officer, to the position of Chief People Officer with effect from January 2027
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Amazon announces new job cuts in its retail division
The Seattle-based e-commerce giant has confirmed a new round of layoffs, mainly in its Store unit, following a broader reduction jobs that began last year and continued into January-
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