Articles by Jan Schroder
Kontoor Brands reports strong first-quarter growth and announces separation from Lee
US apparel group Kontoor Brands Inc. has started the new 2026 financial year with surprisingly strong results. Alongside the latest figures, the group also announced on Thursday its plan to separate from the Lee brand. Several parties have already expressed interest in the denim label as part of the sales process already initiated, according to...
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Zalando increases quarterly revenue by almost 24 percent following About You acquisition
Berlin-based online fashion retailer Zalando SE has closed the first quarter of the 2026 financial year with a significant increase in revenue and operating profit, as expected. However, negative one-off effects resulted in a significant net loss. In light of the current results, published on Wednesday, the management maintained its annual...
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Hugo Boss: quarterly profit drops by more than half
The Metzingen-based fashion group Hugo Boss AG suffered significant declines in sales and profit in the first quarter of the 2026 financial year. Management attributed this to the challenging environment and the “targeted refocusing of brands and distribution channels” as part of its ongoing ‘Claim 5 Touchdown’ reform programme. The results,...
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Puma appoints former Hugo Boss CEO Mark Langer as chief financial officer
German sportswear provider Puma SE not only presented its latest quarterly figures on Thursday but also filled a key position. The Herzogenaurach-based company announced that Mark Langer will take over the position of chief financial officer (CFO) on May 1. He replaces Markus Neubrand, who is stepping down as chief financial officer with...
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The Platform Group reports strong growth in annual sales and earnings
Düsseldorf-based e-commerce group The Platform Group SE & Co. KGaA experienced strong growth in the 2025 financial year. On Wednesday, the company announced that sales last year reached 728.1 million euros, an increase of 38.8 percent compared to 2024. Gross merchandise volume (GMV) increased by 44.3 percent to approximately 1.30 billion euros....
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Puma appoints former Adidas manager Laurent Fricker to head sportstyle division
German sportswear provider Puma SE is strengthening its team with a former executive from competitor Adidas. On Monday, the company announced the appointment of Laurent Fricker as vice president of the sportstyle business unit. Fricker will take up his new position on June 1 and will report directly to chief brand officer Maria Valdes. According...
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New store in Boston: On continues US expansion
Swiss sportswear provider On Holding AG has further strengthened its presence in the US. On Wednesday, the trainer specialist opened a new store in the East Coast metropolis of Boston. According to the company, On now has 15 stores in the US and a total of 70 worldwide. In Boston, the company has taken up premises on the popular shopping street,...
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Topshop returns to Austrian high street
British apparel brand Topshop has taken another significant step in its revival. The label is now available in Austrian brick and mortar stores once again. According to media reports, it has been available for several days at the Graz branch of textile retailer Kastner & Öhler. The comeback was orchestrated by Danish apparel group Bestseller...
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Strategic partnership: Kering and China's ICCF to strengthen Icicle brand
French luxury group Kering announced on Thursday during its Capital Markets Day that it will acquire a minority stake in the Chinese group ICCF (Icicle Carven China France). The investment is part of the “House of Wonders” initiative, through which Kering aims to support selected “emerging luxury brands”. According to the group, the transaction...
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Court ends judicial administration for Valentino subsidiary, according to reports
The court-ordered judicial administration for Valentino Bags Lab SrL, a company belonging to the fashion house Valentino, has been ended early, according to media reports. According to a report by the news agency Reuters, the measure was imposed in May last year because the company, which produces accessories for the Valentino brand, allegedly...
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