H&M’s net sales in the fourth quarter, ended Nov. 30, amounted to SEK 62.193 billion (€5.42bn), down from SEK 62.650 billion a year earlier. In local currencies, net sales increased by 3 percent.
Perfect Moment appoints co-founder Jane Gottschalk as its new President and hires former Canada Goose executives to drive growth in the ski apparel market.
One of the big players in AI is testing an internet-surfing agent.
Hoka, the Deckers running brand, opens up a convenience pop-up store with all running essentials in East London.
Ugg and especially Hoka posted significant increases in sales.
The Swedish DTC brand sees early 2025 sales growth despite market challenges.
Blue Pool Capital, a Hong Kong-based investment firm and family office founded by Joe Tsai, has acquired a 12% stake in Golden Goose. Oliver Weisberg, Blue Pool Capital’s CEO, will join Golden Goose’s board.
The Spanish retail group is expanding its logistics.
The British fitness and clothing brand has opened its first US pop-up store in over seven years in New York City.