Cosmetics maker Coty Inc raised its full-year profit outlook on resilient demand for its high-end fragrances and skincare products even at a time inflation in most countries has soared to multi-year highs.
Steen & Strøm, the historic luxury department store in Oslo that’s also the worlds oldest, said on Monday that it made history in its March results when it exceeded its best monthly sales on record by as much as 20%.
HanesBrands announced on Friday a 5% uptick it net sales for the first quarter, on the back of increased sales in the company's U.S. and international markets, and continued demand for its Champion brand.
Founder Brian Hill said he will step down as chief executive officer after 38 years and transition to executive chair on May 21, 2022, leaving Jennifer Wong to become chief executive officer of Aritzia at that time.
The court in Vicenza, Italy, has accepted the offer of Milano 1984, a company headed by Andrea Citterio, for the acquisition of Grotto SpA, parent company of the beleaguered Italian denim brand with 140 employees.
There has been speculation for several years that West End landlords Capco and Shaftesbury could link up and now it seems that they really are in talks about a merger that would value the joint firm at around £3.5bn.
Crocs Inc. said on Thursday revenues during its first quarter surged 44%, with double-digit growth record across all distribution channels, prompting the U.S. footwear company to raise its full year guidance.