• Home
  • Executive

The Fashion Executives Network The most comprehensive provider of market data and analysis.

Management

Benetton's newly named CEO must turn the tide

The Italian fashion empire Benetton will recruit a new general director, Claudio Sforza, to straighten out its accounts and replace Massimo Renon, who had been publicly accused by his co-founder Luciano Benetton, sources close to the company said on Tuesday. Sforza, a "manager with recognised financial and industrial expertise" will be given the...

Management

Dr. Martens posts negative results driven by weak US consumer demand

In a preliminary results announcement for the full year, Dr. Martens reported revenue decline of 12 percent or 10 percent in constant currency, with DTC revenue up 2 percent or 5 percent constant currency offset by wholesale revenue down 28 percent or 26 percent constant currency driven by USA wholesale. For the first half, the company expects a...

Management

Softening demand for luxury fashion impacts Capri Holdings' Q4

Versace parent Capri Holdings Limited reported fourth quarter revenue of 1.223 billion dollars, down 8.4 percent compared to last year. On a constant currency basis, total revenue decreased 7.9 percent. The company said in a statement that total retail sales declined in the mid-single-digits with trends impacted by softening demand globally for...

Management

The Platform Group raises forecast on strong Q1

The Platform Group (TPG), a software company for platform solutions, achieved first quarter gross merchandise volume of 190.6 million euros and generated sales of 107.9 million euros, a substantial increase over the prior year. The company attributed an increase in GMV and sales to the growth of the number of connected partners to 11,987 and the...

The Fashion Executives Network

Join the fashion community of entrepreneurs, CEOs, designers, buyers and other fashion professionals already receiving the FashionUnited newsletter.

RSS Feed