With the recent creation of Kontoor Brands Inc., Lee and Wrangler have separated from VF Corp. Simon Fisher, who previously worked for the two denim brands, is now back in charge of their EMEA business.
Boohoo delivered a powerful set of final results on Wednesday to show just how much money can be made from selling affordable fast-fashion online and that its formula can perform globally as well as in the UK.
“Disappointing” was how Asos described its first half as pre-tax profits went into freefall (down 87%). While sales rose 14% for the six months to the end of February, the retail gross margin dropped 60bps.
Tommy Hilfiger is aiming to elevate athleticwear with the launch of Tommy Sport, its new athletic apparel line for men and women, mixing traditional high-performance athleticwear with a signature Tommy Hilfiger twist.
Boohoo Group released its half-year report on Wednesday and in a fashion retail market that’s seeing a record-breaking level of challenges, the company is going from strength to strength with revenue up 50%.