Puma lifts payout with buybacks amid plans for better shoe sales
By Bloomberg Published Feb 29, 2024 Puma SE will raise its payout to investors as the German sports company seeks to boost earnings with a better offering of running, soccer…
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West End’s a hit for Shaftesbury Capital as it sees major full-year gains
What better way to open a year-end results statement. Shaftesbury Capital’s chief exec Ian Hawksworth said Thursday: “It’s been an excellent start [for us] with positive metrics delivered across the…
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Vibrant city centre shopping lifts Hammerson to a record year
With its city centre destinations “in high demand”, landlord Hammerson reported a record year of leasing Thursday, leading to an 11% rise in adjusted earnings to 31 December 2023. Bullring…
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Birkenstock tops estimates as demand stays hot for sandals
Birkenstock Holding Plc reported earnings that beat estimates as consumers continue to snap up its high-end sandals and clogs while some other casual footwear makers struggle. Birkenstock The company reported…
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More Body Shop closures soon but over half the chain to be saved
FRP, the administrator for The Body Shop, has released a full list of the stores that will close and said that after the first seven were shut almost immediately, a…
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Coupang has high hopes for Farfetch and transforming the luxury experience
Coupang, the South Korean e-commerce giant, reported its annual and Q4 results this week with sales and profits both rising. But importantly, it also made some key comments about its…
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Footasylum joins the winners rostrum as bounce-back continues in latest year
Footasylum appears to be striding forwards strongly, bouncing back from a tough time last decade and the competition authority-driven uncertainty over who should own the brand. Footasylum In the end,…
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Moncler powers ahead in 2023, promises more innovation in 2024
The wider fashion sector may have faced its challenges last year but Moncler had a good 12 months with its group revenues rising in double digits to get close to…
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Urban Outfitters reports record sales year of $5.15 billion
Urban Outfitters Inc. announced on Wednesday net sales for the fiscal year ending January 31, 2024 increased 7.5% reaching a record $5.15 billion, on the back of substantial growth in comparable…
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UK footfall stumbles again in February
Not even a school half-term holiday was able to lift February UK retail footfall into positive numbers as the struggling economy, chain store closures, rail strikes and storms continued to…
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