The German luxury house saw its sales drop 59 percent and reported revenue of $323.5 million in the second quarter, missing analyst expectations.
The German luxury house saw its sales drop 59 percent and reported revenue of $323.5 million in the second quarter, missing analyst expectations.
The German suit maker warned it expects second-quarter sales to fall by at least 50 percent.
The German suit maker warned it expects second-quarter sales to fall by at least 50 percent.
The German suit maker's first-quarter sales fell by 17 percent as a result of shuttered stores.
The German suit maker's first-quarter sales fell by 17 percent as a result of shuttered stores.
Langer will leave the German fashion house on September 30 but will continue on as a consultant until the end of the year due to the Covid-19 outbreak.
Langer will leave the German fashion house on September 30 but will continue on as a consultant until the end of the year due to the Covid-19 outbreak.
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Current owner Carlyle aimed for bids valuing the Italian sneaker brand at no less than €1.2 billion, per sources.
Current owner Carlyle aimed for bids valuing the Italian sneaker brand at no less than €1.2 billion, per sources.
BoF discovers how the German company, which reported €2.8 billion in sales in 2018, developed one of their experimental technology teams using existing employees to drive innovation across the business.
BoF discovers how the German company, which reported €2.8 billion in sales in 2018, developed one of their experimental technology teams using existing employees to drive innovation across the business.
The German luxury house predicts a rise in operating profit in the fourth quarter, despite falling sales in the US and declining growth in Asia.
The German luxury house predicts a rise in operating profit in the fourth quarter, despite falling sales in the US and declining growth in Asia.
The German brand's stock fell as much as 13 percent as suitmakers struggle to adjust to the trend toward casual office attire.
The German brand's stock fell as much as 13 percent as suitmakers struggle to adjust to the trend toward casual office attire.
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Shares in the suit-maker fell as much as 3.8 percent in early Frankfurt trading, their biggest intraday decline in two months.
Shares in the suit-maker fell as much as 3.8 percent in early Frankfurt trading, their biggest intraday decline in two months.
Europe was its fastest-growing region, where sales rose at double-digit rates, while China recorded high single-digit store sales growth.
Europe was its fastest-growing region, where sales rose at double-digit rates, while China recorded high single-digit store sales growth.
Empowering its work force to innovate without fear of failure, Hugo Boss is encouraging its teams to tap into a world class infrastructure to transform the fashion world from within.
Empowering its work force to innovate without fear of failure, Hugo Boss is encouraging its teams to tap into a world class infrastructure to transform the fashion world from within.
The company aims to stay more on top of trends and grow e-commerce services, leading them to expect accelerated sales and operating margins of 15 percent by 2022.
The company aims to stay more on top of trends and grow e-commerce services, leading them to expect accelerated sales and operating margins of 15 percent by 2022.
Following a last-minute withdrawal from the couture calendar in January, the label, which is majority-owned by Pinault family investment fund Artémis, cancelled a runway outing scheduled for March 6.
The German owner of Nivea and La Prairie expects it sales growth to slow and its operating margin to shrink slightly in 2026 and it navigates disruptions in the US and China.
Major e-commerce platforms such as Shein and Amazon warn of longer delivery times after the US-led bombing campaign against Iran disrupted key air and sea routes in one of the industry’s fastest-growing markets.
Ascher worked at the American cosmetics firm for 25 years.
A US judge rejected the personal care giant’s bid to dismiss a lawsuit by Texas’ Attorney General accusing the company of failing to warn consumers that it may be unsafe for pregnant women to take Tylenol.
The bloc’s overhaul sharply reduces the number of companies covered by ESG reporting and supply chain due-diligence laws, easing compliance pressures but increasing concerns over accountability.
Chief executive Arthur Hoeld said Puma is counting on training, football, running and ‘sportstyle’ categories to generate profitable growth and buzz.
The cuts affect roughly 6 percent of the company’s global workforce and comes a week after it said it would acquire Depop.