Articles by Jan Schroder
Salvatore Ferragamo: Q3 revenue stabilises
The Italian fashion group Salvatore Ferragamo SpA slowed its downward trend in the third quarter of the 2025 financial year. This was revealed in the latest sales figures published by the company on Thursday evening. In the period from July to September, group revenue amounted to 221 million euros. This figure remained unchanged compared to the...
BusinessMemberloading...
Puma appoints Ronald Reijmers as vice president global retail
German sportswear provider Puma SE is restructuring its retail management structure. On Thursday, the company announced the appointment of Ronald Reijmers as vice president global retail. The 55-year-old will "lead the development of the company's full-price and outlet stores worldwide" in this role, Puma announced. Reijmers will take up his new...
Peopleloading...
Ermenegildo Zegna Group reports slight revenue increase in third quarter
Italian fashion group Ermenegildo Zegna NV slightly increased its revenue in the third quarter of the 2025 financial year. This marks a return to growth after a decline in the first half of the year. The update comes from preliminary figures the company published on Thursday. Group revenue for the period from July to September amounted to 398.2...
BusinessFeaturedMemberloading...
G-Star Raw partners with JDM Swiss Group for global watch and jewellery line
Denim label G-Star Raw is tapping into new product categories. On Tuesday, its parent company, WHP Global LLC, announced a long-term global licensing agreement with the JDM Swiss Group for G-Star branded watches and jewellery. The Swiss company will now develop, produce and market the label's corresponding products for both women and men. The...
BusinessMemberloading...
Berlin-based start-up Reverse.fashion secures H&M as an investor
The Berlin-based start-up Reverse.fashion GmbH has secured notable investors. The company announced on Friday that the Swedish clothing group Hennes & Mauritz participated in a pre-seed funding round led by the Berlin-based investment firm Kisora. The start-up, founded in 2024, develops automated sorting processes for used textiles to eliminate...
BusinessMemberloading...
Birkenstock to acquire Australian distributor
German footwear provider Birkenstock is set to take direct control of its distribution in Australia. On Wednesday, the publicly listed parent company, Birkenstock Holding Plc, announced it will acquire the distribution company Birkenstock Australia Pty. Ltd. through its subsidiary, Birkenstock International Asia GmbH. A corresponding binding...
BusinessMemberloading...
Chalhoub Group acquires strategic stake in US label Willy Chavarria
US fashion brand Willy Chavarria is set to advance its international growth with new investors. On Wednesday, the Dubai-based retail group Chalhoub Group announced the acquisition of a “strategic minority stake” in the clothing company, founded in 2015 by Willy Chavarria and David Ramirez. In addition to the Chalhoub Group, investment firms FAE...
BusinessMemberloading...
Pepco to close 28 stores in Germany
Following the insolvency filing of the discounter Pepco's German subsidiary in July, the restructuring plan for Pepco Germany GmbH was presented on Tuesday. The plan involves significant cuts to its store network. Pepco Germany to close 28 stores In recent weeks, the management has undertaken “an extensive analysis of the store network in...
BusinessMemberloading...
About You increases quarterly sales by around 9 percent
Although the takeover by competitor Zalando SE is a done deal, the Hamburg-based e-commerce group About You Holding SE presented its latest business figures on Tuesday. In the second quarter of the current 2025/26 financial year, sales amounted to 492.3 million euros, an increase of 9.4 percent compared to the same period last year. According to...
BusinessMemberloading...
Bestseller Group boosts annual turnover and profit for 50th anniversary
Danish clothing retailer Bestseller A/S can look back on a successful financial year for its 50th anniversary. “This was a special year for us. We are celebrating a milestone that none of us could have imagined when the first shop was opened in 1975,” explained owner and CEO Anders Holch Povlsen in a statement on the announcement of the latest...
BusinessMemberloading...