Companies
Solid growth for Stella
Unaudited consolidated revenue increased by approximately 58.1% to 392.1 million US dollars for the three months ended on the 30th of June 2021 and increased by 36.1% to 695.5 million US dollars for the six months ended on the same day
Richard Teyssier is Puma's new General Manager for Europe
Sports giant Puma has appointed Richard Teyssier as General Manager Europe, effective from the 1st of September 2021 onwards. In this role, Richard succeeds Arne Freundt, who was appointed as Puma’s Chief Commercial Officer in June
Ferragamo's revenue up by 44.1%
The increase in revenue has been achieved despite the permanence, in some countries, of lockdowns and bans driven by COVID-19. On the 30th of June 2021, Ferragamo was operating with 53% of retail stores at full capacity
Nordstrom with new Chief Human Resources Officer
The fashion retailer announced Farrell Redwine as its new Chief Human Resources Officer. She will join the executive team and report to Nordstrom CEO Erik Nordstrom
Crocs commits to becoming a Net Zero company by 2030
The US-based brand known for its casual clogs says it will address the entire value chain with a strategic focus on sustainable ingredients, packaging, product afterlife and resource use
Puma sales reach 1.6 billion euros in Q2
The Germany-based sportswear giant has announced currency-adjusted sales in the second quarter of 2021 increasing by 96% to 1 589 million euros. This compares to 831 million euros in similar period in 2020
LVMH to buy majority stake in Off-White
The international luxury group announced the acquisition of 60% of shares of Off-White LLC, owner of the Off-White brand
Zouri and O'Neill are teaming up
The North American brand joins the Portuguese brand to create a line of shoes with 12 unique models, which contain marine waste collected from Portuguese beaches
L Catterton acquires majority stake in Italian-based Etro
Under the agreement, L Catterton Europe will acquire a majority stake in the company, while the Etro family will retain a significant minority. Founder Gerolamo Etro will be appointed as Chairman
Administrators appointed to liquidate Arcadia Group
Auditing firm Mazars has been appointed as liquidator to oversee the process. They will focus on what remains of Sir Philip Green’s collapsed Arcadia Group empire
Pou Chen suspends production at Vietnam plant
One of Nike and Adidas most well-known suppliers of footwear, suspended operations at its plant in Ho Chi Minh City on Wednesday as a strong wave of COVID-19 hits the city
New study points out the potential of the Nigerian leather industry
The African country leather industry can generate over 1 billion US dollars in revenue by 2025, according to a study by the Nigerian Economic Summit Group (NESG)
JD Sports announces directorship change
The UK-based company has announced that Martin Davies, Senior Independent Non-Executive Director has informed the Board of his intention to step down from the Board and as Chair of the Audit Committee with immediate effect
Capri raises fiscal 2022 guidance
The global fashion luxury group is raising its guidance for Fiscal 2022 revenue and adjusted earnings per share. This information and a broader view of Capri's vision, growth strategies and long-term outlook, was shared at the Company's Virtual Investor DayMedia Partners
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