News
Under Armour with 15% decline in 2020 revenue
The Baltimore-based announced unaudited financial results for the fourth quarter and fiscal year ended on the 31st of December 2020. Revenue was down by 15% in 2020 and by 3% in the last quarter
Revenue down by 14.1% at Wolverine
The Michigan-based footwear giant has announced third quarter revenue down by a two digits rate. E-commerce revenue grew by 56.4% in the period. Management expects return to meaningful growth to take place in the first quarter of FY 2021
Prada with recovery in December to 2019 levels
The Italian luxury group has announced progressive volume recovery in all geographical areas, with marked revenue growth in Asia Pacific. Prada also confirmed a full recovery to 2019 levels in the month of December
Amazon announces year end results and CEO transition
The ecommerce giant announced its financial results for the fourth quarter and year ended on the 31st of December 2020. Founder and CEO Jeff Bezos will transition to the role of Executive Chair and Andy Jassy will become Chief Executive Officer
CCC: 2020 was not a bad year with sales broadly unchanged
The CCC Group ended the fourth quarter of 2020, which included January 2021, with sales broadly unchanged year on year. E-commerce grew by 84% year on year (Y-o-Y), with over 78% of sales generated via online channels in January alone
Designer Brands: net sales down by 30.1%
The Ohio-based company announced financial results for the three months ended on the 31st of October 2021. Net sales decreased by 30.1% to 652.9 million US dollars in the third quarter of fiscal 2020 compared to the same period last year
New Generation: meet Humbs
Two friends. Hugo Stevens and Miguel Tavares. One with a background in Marketing, the other with a background in Mechanical Engineering. A street market gave them the motivation and HUMBS was born
Revenue and earnings exceed expectations at Capri
The London-based group has announced third quarter results marked by a decline in revenue (-17.1%) and in earnings (-14.8%). Notwithstanding, Capri said they are encouraged by earnings meaningfully higher than anticipated
Burberry: store sales decline by 9%
The UK-based fashion house has announced third quarter results, marked by decline in retail revenue. Suffering the impact of COVID-19 in its retail network, comparable store sales declined by 9% in the quarter
Ilse Guimarães is leaving Assintecal
The Brazilian Association of Companies of Components for Leather, Footwear And Manufactured Goods (Assintecal) communicated to its associates a change in the entity's organizational structure. Superintendent Ilse Guimarães is leaving the organisation after 25 years
Nike's revenue up by 9%
The Oregon-based sportswear giant has announced financial results for its second quarter ended on the 30th of November 2020. Revenue of the group in the period went up by 9%
Puma named European top employer for 2021
The Germany-based sportswear company has been named Top Employer Europe for the second time in a row. Puma says this award highlights the company's efforts to provide an attractive workplace for its employees
Boohoo buys several brands from Arcadia
The United Kingdom-based online fashion retailer acquired Dorothy Perkins, Burton and Wallis' brands, its intellectual property and stocks for 25.2 million British pounds in cash
UK: footfall from bad to worse
The words are from the British Retail Consortium, and come up as the UK is facing the third lockdown since the outbreak of the COVID-19 pandemic and after a whole month of non-essential stores closed
Deckers with two digits increase in sales
The California-based company has announced third quarter results marked by a net sales increase of 14.8%. UGG and HOKA ONE ONE had increasing sales, while sales for Teva, Sanuk and Other Brands went down in the period
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