Chico’s FAS logs double-digit 2022 sales growth on solid Q4 Chico’s FAS announced on Tuesday a double-digit uptick in revenues for the full-year 2022, after a solid fourth-quarter increase of 5.6% to reach $524.1 million, compared to $496.3 million last year. Chico’s…
New Balance reports 2022 revenue of $5.3 billion Translated by Nicola Mira US sport equipment brand New BalanceYahoo A US-made version of New Balance’s best-selling 990 model – New Balance “[Growth] came across multiple silhouettes and across all geographies and…
Amazon raises hourly pay for UK workers by 50 pence; union mulls more strikes By Reuters Amazon Reuters The pay rise comes less than a week after hundreds of workers at an Amazon warehouse in Coventry in central England staged the…
Puma’s Q1 earnings reach €117.3 million, down 3.4% By Europa Press Translated by Roberta HERRERA German sports apparel and accessories brand, Puma Consequently, Puma’s earnings per share fell by 3.5% to €0.78, in contrast to €0.81 recorded between January and…
True Religion launches new loyalty programme to boost DTC growth By Fibre2Fashion American denim and sportswear brand True Religion True Fam offers a three-tiered loyalty programme that allows members to earn and redeem points across all consumer touchpoints, including in-store,…
Stitch Fix losses widen on plunge in revenues, active users Stitch Fix Stitch Fix The San Francisco-based company recorded net revenues of $455.6 million, a decrease of 22% year-over-year. Active Net revenue per active client was $525, approximately flat on last…
Mango launches circular denim capsule Resurgent Spanish retail giant Mango Mango It takes it further on its sustainability journey as it works to make its garments “easier to use and recycle after their useful life”. The new pieces in the…
Private labels a growth driver for department stores Translated by Nicola Mira Since the Covid-19 crisis, when tourist customers became scarcer, department stores all over the world have been relying to a much greater extent on their own brands. Between…
Schoeller launches Re-Source fabric collection Translated by Cassidy STEPHENS Schoeller launches “Re-Source”. The fabric collection is part of the Swiss textile manufacturer’s comprehensive brand sustainability strategy. According to the company, the motivation behind this collection is the fact that more…
Michael Armstrong is JD Sports’ first global MD JD SportsJD Michael Armstrong – JD Sports It’s an internal promotion with group buying director Michael Armstrong stepping into the new post as the company continues its aim of becoming the “leading…
