Articles by Jan Schroder
Uniqlo parent company Fast Retailing confirms forecasts after solid nine-month figures
The Japanese retail group Fast Retailing Co. Ltd. remains on track for a record year after the first nine months of the 2024/25 financial year. In light of the continuing positive development, the parent company of the Uniqlo clothing chain confirmed its full-year forecasts on Thursday. Group revenue totalled almost 2.62 trillion Japanese yen...
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Business development "within expectations": Dr. Martens confirms annual forecasts
British footwear brand Dr. Martens Plc confirmed its forecasts for the current 2025/26 financial year on Thursday. The company stated ahead of its annual general meeting in London that sales performance has been "in line with expectations" since the start of the financial year on April 1. The full-year targets formulated at the beginning of June...
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Esprit 2024 financial results: Focus shifts to licensing after losses
Clothing retailer Esprit Holdings Ltd. released its final results for the 2024 financial year on Monday evening, after a considerable delay. The figures were affected by the ongoing insolvency proceedings of almost all international subsidiaries and the resulting one-off effects. As part of the restructuring efforts and a shift in the business...
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Competition authorities give green light: Zalando on the verge of acquiring About You
The Berlin-based online retailer Zalando SE is set to complete its acquisition of competitor About You Holding SE in a matter of days. The e-commerce specialist announced on Tuesday evening that the European Commission had granted "final regulatory approval" for the planned merger of the two companies. Zalando emphasised that "all closing...
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New premium collection: ‘Tommy Hilfiger New York’ premieres in Florence
US clothing retailer Tommy Hilfiger expanded its range. On Tuesday, June 17, 2025, the brand, which belongs to the textile group PVH Corporation (PVH Corp), presented its new premium collection, ‘Tommy Hilfiger New York’, at the Pitti Uomo menswear trade show in Florence. A total of 19 looks were shown during a presentation at the historic...
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Mister Spex lowers revenue forecast
German eyewear retailer Mister Spex SE announced it would likely not achieve its revenue target for the current financial year. On Monday evening, the company significantly downgraded its forecast. For 2025, management now anticipates a revenue decline of 10 to 20 percent. Previously, a decrease of 5 to 10 percent had been expected. The company...
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Reserved parent company LPP starts new financial year with strong growth
Polish apparel group LPP SA achieved strong revenue and profit growth in the first quarter of its 2025/26 financial year. This was revealed in an interim report published on Thursday by the parent company of the Sinsay, Reserved, Cropp, House and Mohito brands (LPP). However, due to developments in recent weeks, management lowered its revenue...
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Tariff increases: Victoria's Secret lowers profit forecast
Last week, US lingerie retailer Victoria's Secret and Co. (VS) had to postpone the publication of its final results for the first quarter of the 2025/26 financial year. At the time, a security-relevant incident in the IT system prevented the interim report from being completed on time. On Wednesday, the parent company of the Victoria's Secret,...
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New opening in The Hague: Birkenstock expands in the Netherlands
German footwear brand Birkenstock expanded its presence in the Netherlands. On Tuesday, June 10, 2024, the company announced the opening of a new store in The Hague. This is the heritage brand’s second shop in the country, following the opening of a store in Amsterdam in December 2023. At the beginning of 2023, the company took over its...
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G-III reports ‘solid’ quarterly figures and withdraws earnings forecast
US-based fashion conglomerate G-III Apparel Group Ltd. reported a decline in revenue for the first quarter of its 2025/26 financial year, in line with expectations. However, the group delivered a stronger-than-anticipated rise in profits. Overall, the parent company of brands such as Donna Karan, DKNY, Karl Lagerfeld and Sonia Rykiel exceeded...
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