adidas Q2 Sales Down, As Canceled Yeezy Collaboration Continues To Affect Performance
The company does expect to return to a profitable standing until 2025.
The company does expect to return to a profitable standing until 2025.
Up 25% compared to the same period in 2022.
The company saw sizable growth in the EMEA and Asia/Pacific regions, while its North American sales were down.
The flagship Prada brand reported a 21% increase in retail sales, while Miu Miu saw those figures fly up 42%.
Stay up to date on the latest industry headlines. This week in fashion, businesses moved forward. Among them, Hermès became the second-most valuable luxury brand, with a market value of over €200…
Sales at luxe leather goods and fashion brand Hermès rose 23% at constant exchange rates in Q1, beating market expectations, as its fans in China and Europe ignored higher prices and continued to spend.
Fresh from news of its latest acquisition — Cath Kidston — Next has reported its annual results and as is usually the case with the company, it achieved a performance…