All articles by Wolfgang Greiner – Page 35
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ArticlePandemic harms American Apparel owner Gildan in Q2
Sales at Gildan Activewear, a Canadian group that bought American Apparel in early 2017 and sells a range of apparel products in North America, Europe, the Asia-Pacific, and Latin America, plunged in the second quarter as the company swung to a net loss, reflecting the impact of the coronavirus pandemic ...
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ArticleBritain’s DW Sports will close all its stores
DW Sports, a big operator of gyms and sporting goods stores across the UK, has entered into administration, a British form of insolvency. All its shops and some of the gyms are set to be closed down, putting 1,700 jobs at risk, but DW plans to work with its joint ...
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ArticleSigna Sports United grows 39% in the third quarter
The online platform Signa Sports United, which includes the online and multi-channel retailers fahrrad.de, bikester, campz, addnature, Tennis Point, Outfitter and Stylefile, increased sales by 39 percent in the third quarter of its current fiscal year, ended on June 30. Based on the entire financial year to date, sales in ...
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ArticleSome brands will stop sourcing in Xinjiang
Last Thursday, a coalition of more than 180 civil society organizations urged the global apparel industry to stop sourcing in the Xinjiang region of China because of the “serious risk of forced labor.” Human rights activists estimate that at least one million Uighurs and other Muslims are held in prison ...
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ArticlePositive numbers and a radical rescue plan for Bogner
Bogner, the sports fashion label based in Munich, has just published its figures for the 2019/20 financial year. According to their press release, the company generated €163 million in turnover. Earnings before taxes amounted to €2.6 million, up sharply from €0.3 million in the previous fiscal year. The company increased ...
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ArticlePrimaloft dismisses European managers to adjust to the crisis
Primaloft has confirmed rumors about its separation from its long-time managing director for Europe and its recently appointed president of licensing, Jochen Lagemann, as of May 31. A spokesman for the ingredient brand said that Lagemann’s departure was triggered by the economic impact of the coronavirus pandemic, which has forced ...
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ArticleStadium offers second-hand products and gear rentals
Stadium, the largest sports retail chain in Sweden with a strong presence in Finland, revealed a new partnership with Ebay to launch an online shop for second-hand sports and outdoor products as a new business segment. In Sweden, Ebay operates through a subsidiary called Tradera. Like most other retailers, Stadium ...
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ArticleHeiQ and Polygiene help defeat coronavirus
Both HeiQ and Polygiene are drawing attention to the anti-viral properties of their textile treatments.
