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…
Ethical beauty brand Lush has filed its accounts for the year to last June and they show turnover dropping by 5% to £674.5 million. The company also remained loss-making as it continued to invest heavily in its store estate. Lush The company recorded a group EBITDA loss with the previous year’s EBITDA profit of £2.1…
JD Sports Fashion had plenty of news Wednesday beyond its trading update with the retail giant also outlining its medium-term strategy and warning of volatile trading. In an interview, its chairman Andrew Higginson also criticised the uncertainty created by President Trump’s trade war and said that prices could rise. But he ruled out moving production…
Rixo’s accounts for the year to last June have just been filed and they show an interruption to the buoyant sales performance it had seen in the previous financial year. Rixo For 2023/24, revenue dipped to £18.7 million from £19 million in what the company said was an “uncertain market with subdued consumer spending in…
Theo Paphitis, owner of lingerie retailer Boux Avenue, has filed the business’s accounts for the year to the end of March 2024 and they show turnover and gross profit falling but the operating loss narrowing. And it promised an improvement in the current year. Boux Avenue The company said that turnover decreased to £59.9 million…
Welcome to the Year of the Splinker. The signature pitch from Pittsburgh Pirates right-hander Paul Skenes is expected to continue its ascent into baseball lexicon in 2025. It is part slider, part sinker and completely the next great thing. Skenes’ pitch generated equal parts curiosity as it did outs. It is clearly fun to say—just…
As containment efforts falter, the measles outbreak in West Texas is likely to persist for a year, perhaps even setting back the country’s hard-fought victory over the virus, according to Texas health officials. As of Friday, the outbreak had sickened more than 300 people in Texas since January; 40 have been hospitalized. One child has…
New figures from the analysts at GlobalData show that both Shein and Adidas grew strongly last year, ending as the big winners among the mega-names of global mass fashion and sports. Bloomberg GlobalData said that a “challenging economy made consumers more selective over where they shopped for apparel in 2024”. Overall, the top 10 players…
We tend to hear more about department stores closing these days than being refurbished or opening but small, privately-owned chain Morleys Stores Ltd has announced plans to reopen the Jollys store on Milsom Street, Bath, “bringing a revitalised shopping experience to this historic retail destination”. The company said it will be a “huge boost for…
Translated by Nazia BIBI KEENOO Published March 18, 2025 Crisis? What crisis? Bogner appears to be unaffected. The Munich-based luxury and sportswear brand once again posted record-breaking results for the 2023/24 fiscal year, with revenue climbing 7% to €187.6 million, compared to €175.6 million the year before. Spring/Summer 2025 campaign image. – FIRE+ICE Growth spanned all…
