Crocs Q1 sales surge 44%; earnings hit by freight, HeyDude acquisition expenses Crocs Total revenues increased 43.5% to $660.1 million or 46.7% on a constant currency basis, as compared to 2021. – Instagram: Sza The Broomfield, Colorado-based company said total…
Amancio Ortega to receive €859 million in dividends from Inditex, more to come this year By Europa Press Translated by Roberta HERRERA Amancio Ortega, founder and majority shareholder of Inditex Amancio Ortega – EFE This year, the businessman will receive…
Mango to invest €3 million in creating a startup accelerator Translated by Roberta HERRERA Fostering innovation is Mango Belén Rallo, director of Mango StartUp Studio; Elena Carasso, director of online and clients of Mango; and Paula Sancho, representing Finaves (IESE…
Bangladeshi garment industry back to pre-pandemic levels Translated by Nicola Mira Bangladeshi apparel exports were worth $35.8 billion in 2021 (€33.05 billion). This was equivalent to a 30% increase over fiscal 2020, a year that was severely affected by lockdowns…
Sergio Ramos is Mizuno’s new ambassador The Japanese sporting goods brand collaborates with the Paris Saint-Germain defender. Sergio Ramos is officially Mizuno The Morelia Neo III β Japan cleats are on sale on the brand’s website for the price of…
Maurices launches new tween brand Evsie Apparel retailer Maurices is growing its fashion assortment with the launch of tween girls’ brand, Evsie. Maurices launches new tween brand Evsie. – Maurices The brand is making its debut with a Spring 2022…
Samsoe & Samsoe Instagram reinstated after unplanned shutdown by Meta Danish label Samsoe & Samsoe has had its Instagram The channel was shut down on February 3, one day after the digital collection launch during the fashion week “The account…
Victoria’s Secret launches VS&Co-Lab, welcomes new brands Victoria’s Secret & Co announced on Thursday the launch of a new curated digital platform that will connect customers to third-party brands that align with its values of innovation and inclusivity. Victoria’s Secret…
Coats cuts jobs after South American unit disposals – report UK-based threads manufacturer Coats has cut a number of domestic jobs and replaced other roles as part of its new global strategy. Coats Group The move comes after the the…
Have luxury sneakers become too pricey for Gen Z consumers? By Reuters Translated by Nicola Mira With bob hats priced at $300, sneakers at $900 and t-shirts at $700, the luxury industry is concerned that cash-strapped Gen Z consumers might…
