By Reuters Published May 13, 2025 Chinese e-commerce retailer JD.com topped market estimates for quarterly revenue on Tuesday, in a sign of steady demand even as U.S. tariffs and prolonged economic weakness weighed on consumer sentiment. Reuters Consumer demand in China has faced a series of hurdles in recent years, with a prolonged property sector…
Fashion group Hugo Boss announced better-than-expected Q1 revenue on Tuesday, despite the quarter being slightly down on the same period a year ago. It also confirmed its full-year guidance. Boss First-quarter revenue dipped to €999 million at the German company, a little below the €1.01 billion of a year earlier, but beating analysts’ forecast of…
By AFP Translated by Nazia BIBI KEENOO Published May 5, 2025 Showroomprivé, one of France’s leading online retailers known for its limited-time flash sales, reported a 16.5% drop in first-quarter revenue for 2025. According to a statement released Wednesday, the company cited ongoing market uncertainty and weakened consumer demand as key factors behind the decline….
Gymshark Group has filed its accounts for the year to last July — FY24 — and they show it continuing to prosper with revenue rising, although some profit measures were lower as the firm’s growth investments continued and costs rose. Gymshark The company, which is the ultimate parent of Gymshark Ltd and Gymshark USA, saw…
Translated by Nicola Mira Published April 25, 2025 In 2024, Thule, the Swedish specialist in accessories for cars, motorbikes and bikes, and in bags and luggage, acquired Reacha, a German brand known for modular trailers, producer of an innovative solution to transport kayaks and equipment for other sports on a bicycle trailer. The acquisition boosted Thule’s market position…
Google might be threatened with a breakup after losing two antitrust cases, but in the meantime it can console itself with piles of money. Alphabet, Google’s parent company, on Thursday posted revenue of $90.23 billion for the first quarter, up 12 percent from a year earlier. Net income was $34.54 billion, up from $23.66 billion….
Translated by Nazia BIBI KEENOO Published April 18, 2025 Italian luxury house Valentino faced a turbulent 2024, with financial results reflecting wider industry pressures. The company reported annual revenue of €1.31 billion, nearly flat compared to 2023, though down 2% at constant exchange rates and 3% at current rates. In 2023, the brand posted €1.35…
Translated by Roberta HERRERA Published April 16, 2025 Desigual ended its 2024 fiscal year with a turnover of €332 million, driven primarily by an increase in international sales and the strong performance of its online channel. Pretax profit reached €3.1 million, a slight increase from the €3.04 million recorded in the 2022 fiscal year—the most…
Eyewear specialist InSpecs has released its preliminary results for 2024 and while its profit margin rose, revenue, underlying EBITDA and cash flows from operating activities all fell. InSpecs The company, which makes and markets its own brands as well as operating licenses for Barbour, Joseph, Radley, Superdry, Temperley and Viktor&Rolf, among others, said group revenue…
Mass-market fashion retailer New Look has announced that it will “supercharge digital growth” on the back of a £30 million investment from its shareholders. New Look The money will be spent on its data, AI and e-commerce platforms “to enhance [the] seamless, personalised shopping experience for its 10 million customers” and it aims to double…