Articles by Jan Schroder
Chinese investor CPE acquires Mammut
Swiss outdoor outfitter Mammut Sports Group AG has a new owner. On Thursday, the mountain sports specialist announced that Chinese investment firm CPE has signed an agreement to acquire Mammut from Jacobs Capital. CPE will support Mammut in “accelerating its global growth, particularly in Asia and North America,” a statement said. The company...
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Canada Goose surprises with double-digit revenue growth in first quarter
Canadian apparel company Canada Goose Holdings Inc. achieved double-digit revenue growth in the first quarter of the 2026/27 financial year, exceeding market expectations primarily due to strong growth in China. The Toronto-based down jacket specialist's loss was significantly lower than in the same period last year, although analysts had...
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VF Corporation raises revenue forecast after solid first quarter
The US apparel group VF Corporation (VF Corp) experienced a decline in revenue in the first quarter of the 2026/27 fiscal year, but it managed to exceed expectations. The parent company of brands such as The North Face, Vans and Timberland subsequently raised its full-year revenue forecast on Wednesday. In the three months to June 27, group...
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Hermès boosts half-year sales thanks to second-quarter upswing
French luxury goods group Hermès slightly increased its sales in the first half of the 2026 financial year, exceeding market expectations despite negative currency effects. Its profit remained almost unchanged year-over-year, according to the latest figures released by the company on Wednesday. Group sales for the months of January to June...
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Lenzing closes two production sites, shifts strategic focus to nonwovens
Austrian fibre producer Lenzing AG has announced additional drastic measures as part of its ongoing reform efforts. On Monday evening, the group announced that it will close two more sites. The affected factories are in Heiligenkreuz, Austria, and Grimsby in the UK. Fibre production in Heiligenkreuz is set to cease by the end of this year and in...
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CEO Raphael Heinold to leave R.Brand Group, according to reports
CEO Raphael Heinold is leaving the R.Brand Group, part of the Röther Group, according to a report by trade magazine Textilwirtschaft (TW). The departure is “at his own request”, TW stated, citing a company statement. According to “usually well-informed sources”, Heinold is on the verge of a move to the Rottendorf-based apparel company S.Oliver...
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Puma hires e-commerce expert Dusan Hamlin
German sportswear provider Puma SE has announced a new head for its online business. On Wednesday, the company announced that Dusan Hamlin will take on the newly created position of vice president of e-commerce with immediate effect. In this role, he will report directly to chief commercial officer (CCO) Matthias Bäumer and will “drive the...
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Kering appoints Romain Spitzer as CEO of Bottega Veneta
The French luxury goods group Kering has found a new chief executive officer for its fashion house Bottega Veneta. On Wednesday, the group announced the appointment of Romain Spitzer as CEO of the Italian brand. He succeeds Bartolomeo Rongone, who left Bottega Veneta at the end of March and moved to the CEO role at Moncler. According to a...
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Former Luxottica executive Giuseppe De Biasi joins Lowa
Outdoor footwear brand Lowa has appointed Giuseppe De Biasi as general manager operations. He succeeds Alexander Nicolai, who is leaving the company after 12 years. As Lowa announced on Monday, De Biasi will manage the areas of product development, production and central corporate functions. Together with CEO Andrea Dorigo and general manager...
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Puma appoints former Nike manager Marcia Dos Santos to head core division
German sportswear provider Puma SE has filled another key position. On Monday, the company announced the appointment of Marcia Dos Santos as vice president BU Core. This follows a structural reform where Puma introduced separate teams for its Sportstyle and Core Business Units (BU). The Sportstyle division has been led by Laurent Fricker since...
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