Business

Deckers Brands records strong fiscal year growth driven by Hoka and UGG

Global footwear and apparel retailer Deckers Brands recorded revenue growth driven by its key brands, Hoka and UGG. Net sales for the fiscal year surged by 16.3 percent to 4.986 billion dollars, with constant currency net sales increasing by 16.5 percent. Deckers also announced the appointment of Cynthia (Cindy) L. Davis as the new chair of the...

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Ralph Lauren surprises with strong annual results

US fashion group Ralph Lauren Corporation exceeded expectations in the financial year 2024/25, thanks to a strong final quarter. On Thursday, the company reported surprisingly significant increases in sales and earnings. Increases in all market regions drive a 7 percent increase in sales In the most recent financial year, which ended on March...

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British biotech firm Sparxell secures 1.9-million-euro grant

Cambridge-based Sparxell, a plant-based colourant technology start-up, has secured 1.9 million euros in funding from the European Innovation Council (EIC). The fresh injection of capital will help the LVMH-backed University of Cambridge spin-out scale its world-first, natural colourants, as it looks to transform the 48 billion US dollar...

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Thanks to savings programme: Canada goose increases annual profit by 62 percent

Canadian apparel brand Canada Goose Holdings Inc. strongly increased its profit in the financial year 2024/25. However, revenue for the Toronto-based down jacket specialist was only slightly above the previous year's level. In view of the global economic uncertainties, the management decided not to issue any forecasts for the current year....

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