Articles by Jan Schroder
Puma appoints Marwin Hoffmann to head new training business unit
German sportswear provider Puma SE announced on Monday the creation of a dedicated business unit for training. The new department will be based at the company's headquarters in Herzogenaurach, Germany. This move separates the category from the previous joint running and training business unit. According to a statement, Puma now aims to “fully...
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Capri Holdings exceeds Q3 expectations despite revenue decline
US fashion group Capri Holdings Limited experienced a decline in sales during the third quarter of the 2025/26 financial year. However, it successfully returned to profitability. The company's latest results, published on Tuesday, surpassed the expectations of both management and analysts. In the most recent quarter, which ended on December 27,...
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Diesel expands product range with first luggage collection
Italian fashion brand Diesel is expanding its product range. The label, part of the OTB group, announced on Thursday the launch of its first luggage collection, “Diesel Luggage”. According to Diesel, the new line was developed under the direction of creative director Glenn Martens in collaboration with Chinese accessories manufacturer Canton...
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H&M boosts annual profit despite sales decline
Swedish apparel group Hennes & Mauritz AB experienced a slight decline in sales for the 2024/25 fiscal year. This was primarily due to adverse market conditions and negative currency effects. However, the company improved its profit thanks to successful cost-saving measures. This was revealed in the latest annual report, which the parent company...
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The North Face and Timberland drive VF Corporation's Q3 growth
US apparel group VF Corporation has once again exceeded expectations in the third quarter of its 2025/26 financial year. The parent company of brands such as The North Face, Vans and Timberland achieved surprising growth in revenue and profit, according to the latest results presented by the company on Wednesday. In the three months to December...
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Crocs and Lego partner for new footwear collection
Danish toy company Lego and US footwear brand Crocs announced the start of a multi-year global partnership on Friday. The first result of the collaboration is set to launch soon. On February 16, the two companies will launch the “Lego Brick Clog”, an interpretation of the classic Crocs plastic shoe with a Lego design. “Each of these oversized...
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Victoria's Secret to open first German store in Hamburg
US lingerie retailer Victoria’s Secret & Co. is set to launch its German expansion in Hamburg. A store is scheduled to open in the city centre later this year. The Bischofswerda-based PTH Group, which has been secured as Victoria's Secret's franchise partner for the German market, confirmed the press reports. The US label will occupy a space of...
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Puma appoints Anne Putz as corporate spokesperson
German sportswear company Puma SE has filled another management position. On Monday, the company announced the appointment of Anne Putz as senior director of corporate communications. In her new role, the Luxembourg native will report directly to CEO Arthur Hoeld and will now “lead Puma's external and internal corporate communications and act as...
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Birkenstock reports double-digit sales growth in Q1
German footwear provider Birkenstock also grew strongly in the first quarter of the 2025/26 financial year. This is according to preliminary results published by the listed parent company, Birkenstock Holding plc, on Monday. The results were released ahead of the ICR Consumer Conference, where the company will present its current performance to...
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Decathlon acquires majority stake in Bikeleasing
Bicycle service provider Bikeleasing is set to get a new owner. On Tuesday, the company announced that Decathlon Pulse SAS, the investment subsidiary of French sporting goods retailer Decathlon, intends to acquire a 65 percent stake in Bikeleasing from the Brockhaus Technologies AG group. Bikeleasing explained that the transaction is still “...
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