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Alpargatas Q2 2025: Havaianas revenue up 8 percent despite volume decrease

Alpargatas, the parent company of the Havaianas brand, has announced its second-quarter 2025 financial results, highlighting a period of strategic transition and profitability growth. The company reported that total volume sold reached 49 million pairs, a 6 percent decrease year-over-year, which was a planned result of a sell-in pull-forward...

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Crocs reports operating loss of 428 million dollars

Crocs, Inc. reported a substantial decline in operating profit for the second quarter of its financial year. The company swung from a profit of 326 million dollars to a loss of 428 million dollars. This represents a decrease of 231.2 percent. In the quarterly report, Crocs, Inc. CEO, Andrew Rees, explained the figures. Due to uncertain and...

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Ralph Lauren starts new financial year with strong growth

US fashion group Ralph Lauren Corporation (Ralph Lauren) achieved unexpectedly strong growth in sales and earnings in the first quarter of the 2025/26 financial year. As a result, the company raised its forecasts for the full year on Thursday. In the first quarter, which ended on June 28, group revenue reached 1.72 billion dollars. This exceeded...

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Hanesbrands exceeds expectations in second quarter

US textile group Hanesbrands Inc. presented surprisingly strong results for the second quarter of the 2025 financial year on Thursday. In light of the positive development, the company set higher targets for the full year. In the past quarter, which ended June 28, group revenue from continuing operations amounted to 1.29 billion dollars. This...

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Kontoor Brands raises sales forecast after strong quarterly figures

US apparel supplier Kontoor Brands Inc. achieved unexpectedly strong growth in sales and earnings in the second quarter of the 2025 financial year. As a result, the company updated its annual forecasts on Thursday. In the period from April to June, consolidated revenue amounted to 658.3 million dollars. This represented an increase of 8 percent...

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Ten Thousand receives investment from Forza Capital

New York City-based men’s activewear brand Ten Thousand, which has become known for its performance-driven apparel tested by elite athletes, has secured additional investment from Forza Capital, the credit division of Forza Holdings. Forza took part in the Series B funding round in Ten Thousand to position the brand to “lead the premium men's...

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From bounce-back to bankruptcy: Inside Claire’s renewed financial struggles

After weeks of speculation, Claire’s has finally filed for bankruptcy protection in the US. For the teen accessories retailer, this marks the second descent into bankruptcy in seven years, with this latest filing heightening fears over what is to come for its international network of stores. How did Claire’s come to such a predicament? Let’s...

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Regenerative agriculture in fashion: Kering and Inditex's fund expands its global reach

The Regenerative Fund for Nature, driven by Kering and Inditex in collaboration with Conservation International, has already integrated over 1.1 million hectares of agricultural land into regenerative agriculture projects across eight countries. It plans to expand to five more. This progress marks a significant expansion in both the fund’s...

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Jewellery brand Pandora latest victim of cyberattack

Danish brand Pandora, one of the largest global companies in the jewellery sector, has been the victim of a cyberattack. Although the company has clarified that no bank details or postal addresses have been compromised, personal information such as email addresses has been stolen. Pandora's case adds to a series of recent incidents that have...

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ABG refutes claims of selling Reebok to Anta Sports

Authentic Brands Group (ABG) has dismissed rumours of a potential sale of its Reebok brand to the Chinese company Anta Sports. According to an internal memo obtained by Footwear News, ABG has no intentions of divesting the brand. The memo states, “Authentic has no plans to divest Reebok - not now, not ever,” and affirms the company's commitment...

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Lenzing reports revenue growth and profitability in H1 2025

Austrian fibre producer Lenzing AG achieved revenue growth in the first half of the 2025 financial year. Thanks to successful reforms, the company has returned to profitability. Recently, however, Lenzing AG has felt the effects of the increasingly difficult economic climate. "In the second quarter, however, international customs measures and...

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US Senator Warren warns Foot Locker-Dick's merger could raise prices, hurt small businesses

U.S. Senator Elizabeth Warren (D-Mass.) has sent a letter to the Federal Trade Commission (FTC) and the Department of Justice’s Antitrust Division, urging them to carefully scrutinise and potentially block the proposed acquisition of Foot Locker by Dick’s Sporting Goods. The Senator expressed concern that the merger of two of the largest...