NIKE Ropes in Shahi Exports to Operate Stores in Top Markets
Nike Inc has divided its franchisee rights in India into a tier system for different markets whereby it has brought in a subsidiary of apparel...
Tag : sales
Page Industries posts Q1 net profit of Rs 11 crore
Apparel manufacturer Page Industries Ltd (PIL) reported a net profit of Rs 11 crore ($1.4 million) for the first quarter ended June 2021, as against...
Sales bounce back at Macy’s & Kohl’s
Macy’s and Kohl’s raised their projections for 2021 after easily beating expectations in the just-ended second quarter. Macy’s expects sales for the year of between...
MORE JOBS AND LESS TAKERS IN THE US
Employers in the U.S. face an interesting challenge ahead – how to fill nearly 10 million job openings with about a million fewer workers than...
Asics’s income increased “significantly” to €70.5m
Asics has reported a consolidated net revenue increase of 44% cent year-on-year across all distribution channels for the year-to-date period ending June. The sportswear brand...
ADIDAS RAISES FULL-YEAR FORECAST, SEES 55% GROWTH
Germany-based sports brand Adidas has recorded positive second-quarter results driven by increase in all its market segments except Greater China. The company reported a 55%...
Fast Retailing cuts its annual profit forecast
Uniqlo owner Fast Retailing has lowered its annual profit forecast as a result of additional Covid-19 related government restrictions in Japan and overseas denting footfall....
UK SEES DECLINE IN ONLINE SALES
Online retail sales fell at their highest rate in history last month despite overall spending remaining high amid fears the online boom could be coming...
Crocs have made a pandemic comeback
Crocs reported record sales of $640m in the three months to 30 June - nearly double the same period last year. And the trend shows...
Richemont: Profits surge Amidst Tough Scenario
The trading environment may have been volatile but luxury giant Richemont still managed to see net profit rising almost 40% in the financial year to...