Articles by Jan Schroder
PVH exceeds third quarter expectations despite profit decline
US fashion group PVH Corporation (PVH Corp) exceeded management targets in the third quarter of the 2025/26 financial year. Consequently, the parent company of Calvin Klein and Tommy Hilfiger adjusted its annual forecasts on Wednesday evening. In the latest quarter, which ended on November 2, group revenue reached approximately 2.29 billion...
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New strategy: Hugo Boss focuses on efficiency and womenswear
Metzingen-based fashion group Hugo Boss AG is driving its reform efforts forward. On Tuesday evening, the company announced a new medium-term programme called “Claim 5 Touchdown”. It continues the “Claim 5” strategy launched by CEO Daniel Grieder after taking office in summer 2021. “Claim 5 was a growth strategy. It was about refreshing the...
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Frasers Group acquires Hervis stores in Hungary and Romania
Austrian sporting goods retailer Hervis, owned by the Spar Group, is withdrawing from two markets. Hervis Sport- und Modegesellschaft mbH has concluded an agreement with Frasers Group (European Holdings) Limited, part of the UK retail group Frasers Group Plc, regarding the sale of the companies Hervis Hungary (Hervis Sport és Divatkereskedelmi...
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LuxExperience appoints Francis Belin as CEO of Mytheresa
German fashion retailer Mytheresa is preparing for a change in leadership. On Tuesday, listed parent company LuxExperience B.V. (LuxExperience) announced the appointment of Francis Belin as CEO of Mytheresa. He will assume his new role on January 1, 2026. Belin succeeds Michael Kliger. As group CEO of LuxExperience, Kliger will remain...
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TJX raises annual forecasts again following surprisingly strong quarterly figures
US retail group TJX Companies Inc. (TJX) exceeded its own forecasts and analyst expectations in the third quarter of the 2025/26 financial year. Consequently, the company set higher targets for the full year on Wednesday. The off-price specialist, represented in Europe by its TK Maxx and Homesense formats, generated net sales of 15.1 billion...
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LuxExperience: Mytheresa increases quarterly revenue by 12 percent
Online fashion retailer Mytheresa achieved a double-digit revenue increase in the first quarter of the 2025/26 financial year and significantly improved its earnings. This information was published by parent company LuxExperience B.V. in an interim report on Wednesday. The group also reported progress in integrating the Yoox Net-a-Porter (YNAP)...
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Amer Sports beats expectations again in third quarter
Finland-based sporting goods group Amer Sports Inc. has once again exceeded market expectations in the third quarter of its 2025 financial year. In light of this surprisingly strong performance, the parent company of brands including Arc’teryx, Salomon, Wilson and Peak Performance raised its annual forecast again on Tuesday. In the three months...
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OLYMP opens online shop for Italy
Clothing supplier Olymp Bezner KG (Olymp) is further expanding its international e-commerce presence. On Monday, the shirt specialist announced the opening of its own online shop for the Italian market. Following previous openings in Germany, Austria, Switzerland, Belgium, Luxembourg, the Netherlands and France, the company now possesses eight...
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Rapha opens first ‘clubhouse’ store in mainland China
British cycling apparel brand Rapha has now launched its ‘Clubhouse’ retail concept in mainland China. The opening of the new store in the economic hub of Shanghai is a “milestone” for the brand and marks “the beginning of a new era for Rapha in Asia,” the company announced in a statement on Wednesday. The ‘Clubhouse’ concept, which combines...
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On in running for record third quarter
Swiss sportswear company On Holding AG has achieved new record results in the third quarter of the 2025 financial year, exceeding market expectations. Given the strong momentum, management raised its annual forecasts again on Wednesday. Revenue for the period from July to September amounted to 794.4 million Swiss francs. This represents a 24.9...
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