Allbirds reports record-breaking Q4 revenues, 2021 sales surge 27% Allbirds For the 12 months ending December 31, Allbirds saw revenues climb 27% toto $277.5 million compared to 2020, or 43% compared to 2019 – Allbirds San Francisco-based Allbirds said fourth-quarter…
Macy’s forecasts strong 2022 after holiday bump, to not separate online unit By Reuters Macy’s Reuters Shares rose as much as 10% after the department store chain announced a $2 billion share buyback plan and raised its quarterly dividend by…
Amazon was top of the UK adspend ranking last year AmazonProcter & Gamble Reuters New figures from Nielsen cover TV, radio, press, out of home, cinema, and digital display, but not search and paid social. And while Amazon was top overall,…
Authentic Brands Group withdraws IPO plans By Reuters Apparel chain operator Authentic Brands ABG’s portfolio includes brands such as Forever 21. Photo: Forever 21 x Everlast collection The company, which did not give a reason for shelving its listing, had…
Savage X Fenty inks $125 million investment, opens first retail store in Las Vegas Rihanna Instagram: @savagexfenty Previous investors L CattertonLVMHBernard ArnaultJay-Z The inclusive luxury lingerie company also received a new investment from LionTree, Abu Dhabi Growth Fund (ADG) and…
Wrangler taps country music star Lainey Wilson Global denim brand WranglerWilson Wrangler taps country music star Lainey Wilson. – Wrangler As part of her new role, Wilson will be the face of the Wrangler brand’s fall/winter 2023 women’s collection and…
M&S targets youth market with major move into live shopping With its turnaround firmly on track, M&S M&S Thought to be a first for a major UK retailer, M&S has launched a live shopping service from today (Friday) that will…
Pierre Cardin, Ahlers distribution deals face EU antitrust scrutiny By Reuters API French fashion house Pierre Cardin Photo: Shutterstock – shutterstock The move by the European Commission, which acts as the EU competition enforcer, followed dawn raids at a German…
Kontoor Brands reaffirms 2022 outlook, European business update Greensboro, North Carolina-based denim group Kontoor Brands Inc. reaffirmed on Wednesday it expects to report 2022 revenue at a high single-digit percentage increase over 2021 of approximately $2.7 billion. Kontoor Brands reaffirms…
Ted Baker has had two offers from Sycamore, rejected both Ted Baker The UK fashion retailer is in the sights of the American private equity giant, which offered 130p for each Ted Baker share on March 18 and submitted a…
