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Double-digit growth for Vietnam exports

Published: January 18, 2023

Vietnam’s garment, textile and leather footwear sectors brought in US$71 billion in 2022, according to the latest information from the Vietnam Textile and Apparel Association (Vitas).

China significantly disrupts Q3 results for Burberry

Published: January 18, 2023

Burberry has reported its result for the third quarter of the 2023 financial year, achieving a 5% increase in retail revenue.

EU new car registrations down 24% in January

Published: February 17, 2021

New passenger car registrations in the European Union declined 24% to 726,491 units in January, marking the lowest January total on record to date.

Double-digit growth for LVMH’s Fashion & Leather Goods

Published: January 27, 2021

Revenue for the French luxury conglomerate amounted to €44.7 billion in 2020, down 17%, with the Fashion & Leather Goods category recording double-digit growth in the last two quarters.

Canadian shoe retail among the hardest hit by pandemic

Published: January 27, 2021

Retailers across the country saw a rebound in November before Covid-related restrictions were tightened.

Asia Pacific drives Richemont’s Q3 results

Published: January 21, 2021

The luxury holding said that robust sales in Asia Pacific and the Middle East and Africa, both with double digit growth at actual exchange rates, more than offset single digit declines in the Americas and Japan and a marked contraction in Europe.

Nike’s online sales up 82% in first quarter

Published: September 28, 2020

Reported revenues for the global sportswear manufacturer totalled US$10.6 billion for the its first quarter ended August 31, 2020, down 1% on a reported basis and flat to the prior year on a currency-neutral basis.

Solid results for Adidas in 2019

Published: March 16, 2020

The international sportswear manufacturer has posted currency-neutral revenues up 6% in 2019, but expects gross margin in 2020 to be significantly impacted by unfavourable currency developments as well as negative effects from higher sourcing costs.

Richemont’s profit declines despite rise in sales

Published: November 11, 2019

The Switzerland based luxury conglomerate has posted a 9% sales increase at actual exchange rates to €7,397 million for the six months ended September 30, 2019, up 6% at constant exchange rates.

Tod’s online sales see double-digit growth

Published: April 23, 2019

According to the CEO of the Italian premium fashion label, e-commerce sales are growing at “high double-digit”.