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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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Temu supports alliance against product counterfeiting

Temu is supporting action against product counterfeiting and is joining the International AntiCounterfeiting Coalition (IACC). The Chinese online trading platform signed a memorandum of understanding with the IACC, Temu announced on Thursday. This is intended to deepen cooperation on the protection of intellectual property and strengthen efforts...

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Allbirds finds distribution partner for two further regions

US footwear and apparel provider Allbirds Inc. has further advanced the strategic transformation of its international sales. On Thursday, the company introduced new partners for key markets in southern Europe, as well as in South and Central America. Accordingly, the Spanish trading company Trendy King will in future take over the distribution...

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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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New loan agreement: Lenzing secures 545 million euros

Austrian fibre manufacturer Lenzing AG has strengthened its financial base. On Thursday, the group announced that it had agreed to new financing through a syndicated loan of 545 million euros. Lenzing stated that this move would strengthen “the company's liquidity reserve with regard to upcoming refinancing”. According to the company, the new...

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Rag & Bone expands with eyewear in collaboration with Marcolin

New York fashion label Rag & Bone is entering into an exclusive four-year licensing agreement with eyewear manufacturer Marcolin for an eyewear line. Guess and WHP Global, the brand’s parent companies, announced this in a press release. According to the press release, the Rag & Bone eyewear line captures the energy of city life with striking...

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New study finds brands refusing to adjust prices to reflect minimum wage increases

A new survey by Transform Trade has found that “unfair practices are rife in fashion businesses” when working with Indian garment manufacturers. Among the behaviours reported, the organisation said that it found evidence of brands refusing to raise prices in line with cost increases and demanding extra price reductions despite production being...

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New collaboration established to modernise American fashion industry

Israeli-American production company Kornit Digital is entering into a strategic partnership with Mas Acme USA, the US subsidiary of the global apparel manufacturer MAS Holdings. Together, they aim to modernise the American fashion industry, Kornit Digital announced in a press release. MAS Holdings is the largest apparel technology player in...

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Pepco Group: Poundland poses further problems in first half

Retail group Pepco Group NV increased its sales in the first half of 2024/25, but faced further difficulties with the Poundland retail chain. In the six months to March 31, the discounter generated sales of 3.3 billion euros, according to preliminary figures published on Thursday. This represents growth of 4.3 percent compared to the same period...

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Harvey Nichols puts jobs at risk as it strengthens fashion focus

Harvey Nichols is cutting a number of jobs as it looks to refocus on its core fashion and beauty proposal. The British luxury retailer confirmed the news to FashionUnited, stating that around 5 percent of its employees will be impacted by the restructuring of some teams and changes to several business activities. The shift comes as part of a...

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Working conditions: Dior not guilty, but to pay two million euros

Rome - The Italian Competition Authority on Wednesday ordered luxury brand Dior to pay two million euros in aid to “victims of exploitation” as part of an investigation into the working conditions of its subcontractors, but ruled out any “infraction”. An investigation had been opened in July 2024 by the Italian Competition Authority (AGCM) “...

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TJX starts new financial year with turnover increase

US retail group TJX Companies Inc. increased its turnover again in the first quarter of the 2025/26 financial year. Although profits fell short of the level of the previous year, they exceeded management's forecast. This is according to current figures presented on Wednesday by the off-price specialist, which is represented in Europe by its TK...