Image: Amanda Wakeley, Facebook British fashion designer Amanda Wakeley’s eponymous label has fallen into administration after failing to find a buyer, becoming the latest casualty of the Covid-19 pandemic. Joint administrators from AW Retail Limited said the company’s trading performance “suffered” […]

Carrera website In the first quarter of 2021, Safilo posted total net sales of 251.4 million euros, up 20 percent at constant exchange and 13.7 percent at current exchange rates. The company said that the positive sales performance reflected the strong recovery recorded by the group across the brands […]

HanesBrands newsroom HanesBrands Inc. net sales for the first quarter, totalled 1.51 billion dollars, an increase of 25 percent, while total constant currency first-quarter net sales increased 22 percent. The company said, double-digit growth in both global innerwear and activewear businesses was driven […]

Image: Joules, Facebook Joules has increased its full-year profit and revenue outlook following strong sales since stores were allowed to reopen in the UK last month. The British fashion and lifestyle brand said its stores have performed ahead of management’s expectations, and for the four weeks since […]

Image: The Hut Group SB Management, a subsidiary of Japanese investment giant SoftBank, has agreed to take a stake worth 2.33 billion dollars (1.6 billion pounds) in British online retailer The Hut Group (THG). The deal will see SB Management snap up a 19.9 percent stake in Ingenuity, THG’s yet-to-be-formed […]

Adidas media centre Currency-neutral revenues increase 27 percent at Adidas with footwear up 31 percent driven by double-digit gains in the training, running, outdoor and lifestyle categories. In euro terms, the company’s revenues grew 20 percent to 5.268 billion euros. “We are fast out of the gate […]

Lee Jeans, Facebook Kontoor Brands, Inc. reported revenue increase to 652 million dollars, up 29 percent on a reported basis and 27 percent in constant currency for the first quarter. Compared to adjusted revenue in the first quarter of 2019, reported revenue increased 3 percent. “The strong performance […]

Zalando newsroom Zalando has upgraded its outlook for the financial year 2021 following strong and profitable growth in the first quarter, continued elevated growth levels in the second quarter, and a stable outlook for the second half of the year. The company now expects gross merchandise volume (GMV) […]