Companies
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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
Fast Retailing posts strong full-year revenue growth
The Japan-based fashion retailer reported a revenue growth of 16.6% in the 2026 financial year compared to the previous year, supported by strong growth of the Uniqlo brand both domestically and internationally
Golden Goose appoints new Chief Consumer Officer
The Italy-based luxury sneaker company has appointed Giorgio Belloli as Chief Consumer Officer. He succeeds Danilo Piarulli, who left the company earlier this year
Frasers Group acquires 8.8% stake in Under Armour
Frasers Group has acquired an 8.8% stake in Under Armour, comprising approximately 16.6 million shares of Class A common stock, according to a filing with the US Securities and Exchange Commission (SEC)
Nike to reduce workforce as part of a new operating model
The US-based sportswear company plans to reduce its workforce as part of a new operating model designed to simplify the company’s structure, cut costs and bring its operations closer to consumers
FAIST Voices: meet Carité Shoemaking Group
A key partner of the FAIST consortium, Carité is testing and developing technologies that support automation, digitalisation and more sustainable footwear production
Nike posts first-quarter revenue decrease
The US-based sportswear company reported a decrease in revenue in the first quarter, as it advances its Pace transformation programme to streamline operations and improve efficiency
Asos raises full-year guidance
Citing strong progress across its three strategic pillars, the UK-based online fashion retailer has raised its full-year gross margin and adjusted EBITDA outlook ahead of the release of its fiscal 2026 results
Dr. Martens launches new global brand platform
The British footwear brand has launched a new global brand platform called ‘With Bouncing Soles’ and ecommerce experience in order to advance its consumer-first strategy outlined in May
JD Sports reports decline in first-half sales and profits
The sportswear retailer reported lower sales and profitability in the first half of the 2027 fiscal year. North America was particularly affected by weaker consumer sentiment and negative trends in the footwear sector
H&M improves third-quarter profitability despite modest sales growth
The Sweden-based fashion group reported improved profitability in the third quarter of the 2026 financial year, even though sales increased by just 1% in local currencies
Genesco unveils Wrangler footwear collection
The US-based footwear retailer has launched its first Wrangler footwear collection under a multi-year licensing agreement with Kontoor Brands, owner of the denim and lifestyle brand
Capri Holdings appoints Chief Legal and Sustainability Officer
The parent company of Michael Kors and Jimmy Choo has appointed Catherine So as Chief Legal and Sustainability Officer. She joins Capri Holdings from Tiffany & Co
FAIST Voices: meet AMF Safety Shoes
As part of the FAIST project, Portuguese technical and safety footwear manufacturer AFM Safety Shoes has committed to developing automation-focused solutions that prioritise efficiency and sustainability-
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