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Puma’s Q1 earnings reach â117.3 million, down 3.4%

Puma’s Q1 earnings reach €117.3 million, down 3.4% By Europa Press Translated by Roberta HERRERA German sports apparel and accessories brand, Puma Consequently, Puma’s earnings per share fell by 3.5% to €0.78, in contrast to €0.81 recorded between January and…

Aeffe names Khoa Nguyen president of US subsidiary

Aeffe names Khoa Nguyen president of US subsidiary Translated by Nicola Mira Italian fashion group AeffeMoschinoJeremy Scott Khoa Nguyen – Aeffe US-born Nguyen has been senior vice-president of Aeffe USA since 2017. In his new role as president, Nguyen “will…

GFG unveils leadership changes as Schmidt steps down

GFG unveils leadership changes as Schmidt steps down International online retailer Global Fashion Group (GFG) has announced a co-CEO and leadership transition with Christoph Barchewitz to become sole CEO as Patrick Schmidt steps down as co-CEO after 10 years with the business…

H&M to cut 1,500 jobs to reduce costs

H&M to cut 1,500 jobs to reduce costs Swedish group H&M Reuters H&M, the world’s No. 2 fashion company with about 155,000 employees, launched a plan in September to save SEK 2 billion a year. “The cost-cutting and efficiency improvement…

Aritzia reports record third-quarter revenue

Aritzia reports record third-quarter revenue Canadian fashion retailer Aritzia announced on Wednesday a 37.8% increase in net revenue for the third quarter, due to continued growth across all channels and geographies. Aritzia reports record third quarter revenue. – Aritzia The…