Following a rough Q3 caused by coronavirus-related disruptions, the online styling service announced an uptick in revenues in the fourth quarter but failed to impress Wall Street with a net loss of $44.5 million.
Strong online sales and demand from Chinese shoppers and students heading back to school are expected to have helped Nike swing back to a profit in the first quarter from the surprise loss it posted in July.
The boss of Liu Jo and of the Eccellenze Italiane fashion group has spoken to FashionNetwork.com about his plans to relaunch Blufin, the parent company of luxury label Blumarine, which Marchi bought in 2019.
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