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Последние новости
Jimmy Lion aims to reach 9 million euros in 2023 by focusing on internationalisation, diversification
The sock company closed 2022 with sales of 6.4 million euros. This year, Jimmy Lion plans to strengthen its presence in key markets such as Europe, the United States, and Canada, while expanding its product offerings.
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Retailers battle uncertain back-to-school demand after ‘unstable’ quarter
Stocking shelves, slashing prices on low-priced notebooks and sneakers and uniforms, major retailers including Walmart, Foot Locker and Marks & Spencer are bracing for a challenging back-to-school shopping season.
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Stitch Fix to explore exiting UK market in 2024
Online personalized styling service firm Stitch Fix said on Tuesday it would explore exiting the UK market in its fiscal year 2024, blaming a weakening macro environment and increasing costs.
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Reitmans names first non-family member CEO
Canadian fashion retailer Reitmans announced on Tuesday the appointment of Andrea Limbardi as president and chief executive officer, marking the company's first non-family member CEO.
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Prada, Zegna acquire minority stake in knitwear firm Fedeli
Prada and Ermenegildo Zegna on Tuesday said they have acquired a minority stake in Luigi Fedeli e Figlio, highlighting the importance of high-quality knitwear in the luxury segment.
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Primark to land in Maryland, bolsters people and culture team
International value fashion retail giant Primark announced on Tuesday the opening of a new store at Arundel Mills in Hanover, Maryland, marking the first Primark store in the state.
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CBI survives as members vote in its favour
Businesses that are members of the Confederation of British Industry, one of the main UK lobby groups, voted that they had confidence in reforms aimed at restoring the CBI's reputation after sexual assault allegations.
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Simply Be owner N Brown struggles in tough environment
Struggling e-tailer N Brown will have been hoping that better results in the fourth quarter could boost its full-year numbers after Q3 had seen revenues falling in the face of the cost-of-living crisis.
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Munich posts 40% revenue growth in 2022-23, expands internationally
The Spanish sneakers brand hit record sales in 2022, with revenue up by 40% to €74.3 million. Revenue in Italy was up 20%, as Munich continued to expand internationally, and opened new monobrand stores in Spain.
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Marketplaces: A promising strategy to counter inflation's impact
According to a study conducted by Mirakl, marketplaces are thriving with 38% growth, attracting both sellers and customers, while brand websites are lagging behind due to inflation.
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Italian company Fulgar to exhibit at ITMA 2023
Fulgar, the world’s leading group in the man-made fibre sector, will be present with a special project in synergy with Europe’s most important textile machinery producers, at ITMA 2023.
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CEO Simon Jablon on reviving Linda Farrow
Linda Farrow is the ultimate insider’s eyewear marque. Remarkably, in an era of rapid consolidation in this industry, Linda Farrow has thrived as an cool indie label. We met CEO Simon Jablon to comprehend its success.
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Lakeside mall adds to luxury offer with new brand expansion
Popular retail and leisure destination Lakeside has boosted its high-end appeal announcing “significant” expansion for fashion retailer Boss and watch/jewellery stores TAG Heuer and Goldsmiths.
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Pepco Group's value strength continues to resonate in H1
Consumers searching for value in these tough economic times continue to be core to European value retail giant Pepco’s impressive performance.
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Zara owner Inditex faces margin test
Investors will closely watch Zara owner Inditex's profit margins for any signs of weakness after a stellar series of results confirmed its lead over smaller Swedish rival H&M.
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Papua New Guinea women weave their way to a living
Demand is growing, with international customers in North America, Europe and neighbouring Australia increasingly looking for authentic bilums
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