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Business

Puma: Q3 sales increase 5 percent, reiterates outlook

Currency-adjusted sales at Puma were up 5 percent to 2,308.2 million euros in the third quarter, with growth supported by all three regions: Americas, Asia/Pacific and EMEA. Sales in euro terms remained flat at 2,308 million euros. Reiterating its outlook for the financial year 2024 of mid-single-digit currency-adjusted sales growth and an...

Business

M&S posts 17.2 percent growth in H1 profit

For the first six month period, Marks and Spencer (M&S) recorded a pre-tax profit increase of 17.2 percent to 407.8 million pounds, while statutory pre-tax profit rose to 391.9 million pounds. The company’s clothing & home sales increased 4.7 percent, with LFL sales up 5.3 percent. Sales growth improved by 8.1 percent in the second quarter, with...

Retail |OPINION

Does your store have the 'chill' or 'kill' factor?

These days, terms like "retail experience," "total experience," and "Instagrammable" are ubiquitous in fashion retail. Many modern fashion shops are beautifully designed and score highly on the visual checklist of Instagram and TikTok influencers. Yet, sometimes something crucial is missing on the shop floor: feeling! To achieve this, not just...

Business

Revolve Group records strong third quarter performance

Revolve Group’s third quarter net sales were 283.1 million dollars, a year-over-year increase of 10 percent. After the end of the third quarter, the company’s net sales in October increased by a low-double digit percentage. "We delivered exceptional results in the third quarter, highlighted by double-digit top-line growth, significant expansion...