Articles by Jan Schroder
Marimekko expands into Indonesia and the Philippines
Finnish textile group Marimekko Corporation is driving its growth in Asia. On Monday, the company announced its expansion into two new markets: Indonesia and the Philippines. The aim is to strengthen the brand's presence in the “dynamic markets of Southeast Asia”, according to a statement. According to the company, the first new openings in both...
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Hennes & Mauritz reports strong profit growth in first quarter despite sales decline
The Swedish apparel group Hennes & Mauritz AB (H&M) experienced a significant decline in sales in the first quarter of the 2025/26 financial year, largely due to negative currency effects. However, the parent company of brands such as H&M, Cos, Weekday, & Other Stories and Arket managed to significantly increase its profit. This was revealed in...
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Leadership change at Snipes: Samuel Deichmann succeeds Dennis Schröder
Cologne-based sportswear retailer Snipes has a new chief executive officer. On Monday, the company, which is part of the retail group Deichmann, announced that Samuel Deichmann is taking over the management of Snipes Europe with immediate effect. In this role, Deichmann will be responsible for “the strategic development of the company in all...
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Marc Cain opens first store in Mexico
Bodelshausen, Germany-based clothing supplier Marc Cain has continued its expansion in the Americas. On March 19, 2026, the company announced the opening of its first standalone brand store in Mexico. The brand has been showcasing its collections in the debut store in the Plaza Satélite shopping centre in Naucalpan de Juárez since mid-March. In...
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‘Faster than ever before’: Why Zalando is betting on AI
The Berlin-based online fashion retailer Zalando SE highlighted one topic in particular when it presented its latest annual results and future roadmap last Thursday: the use of artificial intelligence (AI) across the entire value chain. The management expects this to provide future growth drivers. It was also able to quantify specific positive...
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Zalando meets 2025 expectations and forecasts further growth
Berlin-based online fashion retailer Zalando increased sales and operating profit during the 2025 financial year. Management now anticipates further growth for the current year and has announced a comprehensive share buyback programme. “Our 2025 results demonstrate our strength in execution: we promised profitable growth and delivered at the...
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Jimmy Choo appoints Andy Holmes as chief financial officer
Footwear specialist Jimmy Choo has filled a key position. On Tuesday, the company, part of fashion group Capri Holdings, announced the appointment of Andy Holmes as senior vice president (SVP), CFO & operations. Holmes succeeds Richard Kozlowski, who will leave the company at the end of March. According to his new employer, Holmes brings over...
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Calida Group postpones share buyback programme
Swiss lingerie provider Calida Holding AG will not commence the buyback of its own shares for the time being. “The preparations for the share buyback programme are taking longer than expected,” the Sursee-based group explained in an ad hoc announcement on Monday. “The start of the announced public share buyback programme on March 9, 2026 must...
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Victoria's Secret exceeds expectations in fiscal year 2025/26
US lingerie group Victoria’s Secret & Co. reported surprisingly positive results for the 2025/26 fiscal year on Thursday. Thanks in large part to a strong final quarter, the parent company of the Victoria's Secret, Pink and Adore Me brands exceeded its own forecasts. In the most recent fiscal year, which ended on January 31, group sales reached...
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Prada Group boosts annual revenue and profit
The Italian fashion group Prada SpA (Prada Group) remained on a growth trajectory in the 2025 financial year, despite difficult market conditions. This was primarily due to the continued appeal of its Miu Miu brand. In addition to the current results, the group also announced its strategic plans on Thursday for the fashion house Versace, which...
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