Articles by Caitlyn Terra
Caitlyn Terra studied Journalism in Utrecht and has been working as a fashion journalist for FashionUnited Benelux since 2017. Since 2022, she is also the Managing Editor for FashionUnited's Benelux editorial team. Caitlyn is a news hunter at heart and is not afraid to sink her teeth into a story. She alternates between CEO interviews, reports, daily news and long investigative stories. She places extra importance on the themes of inclusivity and accessibility.
Jacopo Venturini steps down as Valentino CEO
Jacopo Venturini has reportedly resigned with immediate effect as chief executive officer of Valentino. Venturini has taken a break "for personal reasons," WWD exclusively reports. The Italian fashion house has not yet released a statement at the time of writing. A successor to Venturini has not yet been named. However, an announcement may...
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Marimekko x Crocs collaboration drives sales growth in Q2
Growth opportunities for Finnish fashion house Marimekko lie in the Asian market and brand collaborations. This was revealed by chief executive officer Tiina Alahuta-Kasko during a webcast explaining the second quarter financial results. Marimekko's second quarter saw a 2 percent increase in sales and net sales of 44.5 million euros. Behind...
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British designer accuses Belgian football club Beerschot of plagiarizing shirt design
Belgian football club Beerschot has issued an official statement responding to accusations of plagiarism regarding its new football shirt. London-based Diana al Shammari accused the club of copying the floral pattern. Al Shammari is known on Instagram as ‘thefootballgal’. On her account, she embellishes football shirts with embroidery. She has...
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Under Armour shows improvement in operating results
Under Armour, Inc. started its financial year with a slight 4 percent drop in revenue. The US company also reported a net loss in the first quarter. Revenue amounted to 1.1 billion dollars. The EMEA region was the only region where the company did not experience a decline in revenue. Here, revenue increased by 10 percent. The company announced a...
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Crocs share price plummets 30 percent after reporting operating loss
Footwear group Crocs, Inc. has seen its share price fall significantly after publishing its second-quarter results. The group was forced to report a swing from profit to loss. Share price subsequently fell by 30 percent on the Nasdaq compared to the previous day. Crocs, Inc. reported an operating loss of 428 million dollars on Thursday. This...
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Crocs reports operating loss of 428 million dollars
Crocs, Inc. reported a substantial decline in operating profit for the second quarter of its financial year. The company swung from a profit of 326 million dollars to a loss of 428 million dollars. This represents a decrease of 231.2 percent. In the quarterly report, Crocs, Inc. CEO, Andrew Rees, explained the figures. Due to uncertain and...
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ABG refutes claims of selling Reebok to Anta Sports
Authentic Brands Group (ABG) has dismissed rumours of a potential sale of its Reebok brand to the Chinese company Anta Sports. According to an internal memo obtained by Footwear News, ABG has no intentions of divesting the brand. The memo states, “Authentic has no plans to divest Reebok - not now, not ever,” and affirms the company's commitment...
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Million dollar investments: 15 Fashion companies that received large capital injections in the last half year
Anyone running a business knows that significant investment is needed to keep it going. It is therefore not surprising that news of cash injections and funding rounds is often shared. FashionUnited presents the companies that have received at least one million euros in recent months. Start-up Talon.One: 135 million dollars German software...
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Kering stock analysis: Shareholder confidence despite profit drop
Kering's (KER) share price remains steady on Wednesday morning. After a brief dip immediately following the stock market's opening, the share price is now a few percentage points higher than the previous day. The French luxury group published its second-quarter and first-half results for the financial year after markets closed on Tuesday. The...
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Puma share price drops 17 percent following profit warning
Puma SE (PUM) share price plummeted on Friday morning after the German sportswear company downgraded its annual forecast. Shortly after the announcement of disappointing quarterly figures and a pronounced expectation for a loss-making year, shares on the Frankfurt Stock Exchange shot down by 17 percent. At the time of writing (Friday, July 25,...
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