Only The Brave listing likely to be in 2026, chairman says
By Reuters Published May 29, 2024 The stock market listing of Italian fashion group Only The Brave (OTB), brands of which include Diesel and Jil Sander, is likely to be…
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De Rigo and Zadig & Voltaire renew eyewear license deal
Translated by Nicola Mira Published May 29, 2024 Italian eyewear specialist De Rigo and French label Zadig & Voltaire have announced they have renewed their worldwide license agreement for the…
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Otto Group overcomes revenue drop with laser focus on profits
Germany’s Otto Group has reported its 2023/24 annual results with the owner of the Freemans, About You, Bonprix and Evri businesses (among many others), saying it “succeeded in holding its…
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Germany’s Douglas reports loss in quarter due to IPO costs
By Reuters Published May 29, 2024 German perfume and cosmetics retailer Douglas reported a net loss in the second quarter, affected by expenses linked to its IPO, the company said…
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JD Sports delays results report, but share price rises
JD Sports Fashion has issued a surprise announcement delaying its full-year results report that had been due on Wednesday. JD Sports Should we read anything sinister into that? Perhaps not….
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UK retail sales improve in May
After a long run — a very long run — of weak figures, there was finally some good news for UK retail this week. The latest CBI Distributive Trades Survey…
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Dion Lee places Australian business into voluntary administration amid industry struggles
New York-based Australian designer Dion Lee has placed his Australian business under voluntary administration. Dion Lee places Australian business into voluntary administration amid industry struggles. – Dion Lee The administration…
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Boohoo execs bend to shareholder opposition over bonuses
Directors of the already-under-pressure fashion giant Boohoo Group could have faced hostility from shareholders at its AGM on 20 June. PLT The reason? A revolt over management bonuses at a…
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UK’s Boohoo scraps executive bonus plan after shareholder backlash
By Reuters Published May 28, 2024 UK’s Boohoo Group’s bosses have waived their annual bonuses and scrapped plans to raise executive awards after talks with certain shareholders, the online fashion…
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Nidecker Group acquires boardsports brands Etnies, éS, Emerica and ThirtyTwo
Translated by Cassidy STEPHENS Published May 28, 2024 Sole Technology was one of the few remaining independent players in the boardsports industry. The Californian group, which owns the skateboard brands…
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