The American owner of stores including Foot Locker and Runners Point has announced revenue of $7.55 billion for 2020, down 5.7% from the previous year, while the company's net earnings fell 34% to $323 million.
German sportswear company Puma expects the financial impact from coronavirus lockdowns to last well into the second quarter, but believes global growth in running should help to support a strong improvement after that.
Having held the position of general manager of the Europe, Middle East and Africa zone at the business since 2019, Jan Van Mossevelde is becoming global brand president of the VF Corp-owned merino wool specialist.
The Denver, Colorado-based owner of brands including Vans, The North Face and Timberland, has announced that it has allocated all of the net proceeds from its inaugural green bond to 13 of its sustainability projects.
The American footwear and athletic apparel retailer announced its capital allocation program for 2021 on Wednesday, revealing plans to invest $275 million over the course of the year, with an emphasis on digital growth.
It’s big and it’s playing a big part in Bracknell’s revitalisation. Frasers Group is to become an anchor destination at the £30 million redevelopment of The Lexicon mall in the Berkshire town with a 40,000 sq ft store.
No one could fault the latest crop of designer showing, in New York, for effort. In a busy Monday, with almost 30 collections, their arty videos and polished ideas were a reminder of how hard people have been working.