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Signet CEO J.K. Symancyk’s Plan to Inspire Love and Drive Diamond-studded Growth
The former Petsmart CEO walked WWD through his multipronged plan to bring some sparkle back to the jewelry giant.
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Aeffe Returns to Profitability in 2024 Amid Strategic Reorganization and Moschino Beauty Sale
However, the slowdown in the luxury industry and challenges in Aeffe’s wholesale and retail distribution impacted the group’s revenues last year.
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Brunello Cucinelli Closes 2024 With Double-digit Growth, Confirms Ambitious 2030 Revenue Goals
The luxury company reported gains in sales and profitability, driven by a strong global retail and wholesale performance.
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G-III CEO Morris Goldfarb Eyes $5B in Sales With a Changing Business, Tariffs and More
The CEO said G-III has everything it needs to grow from $3.2 billion last year to $5 billion eventually.
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Despite Growth in 2024, Hugo Boss Midterm Goal Unlikely Anytime Soon
The German menswear specialist had aimed to have sales of 5 billion euros by 2025. But growth of 3 percent in 2024, a volatile world economy and uncertain consumers has forced a change of focus.
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American Eagle Outfitters Boosts Q4 Profits, but Takes Cautious Stance to 2025
Jay Schottenstein said the first quarter was off to a “slower start,” echoing what other retailers have reported.
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Allbirds CEO Says New Shoe Launches Will Spark Growth by End of Year
The CEO noted that its development center in Vietnam is set to deliver new concepts, materials and prototypes in the back half of 2025 and into 2026.
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Puma Shares Tumble on Profit Warning for 2025, Despite Growth in 2024
The German sportswear brand reported 4 percent growth in 2024 after a sluggish year. But those numbers were overshadowed by an unexpectedly conservative forecast for 2025, which also caused Puma shares to plunge.
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Inditex Sales, Profits Surge in 2024 as Fashion Giant Sharpens Operations
Sales at constant exchange rose 10.5 percent in 2024, beating analysts’ expectations, while profits hit historic highs at the Spanish clothing giant.
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Stitch Fix Shares Soar as the Styling Service Ups Its Outlook
The digital fashion company’s losses narrowed as sales came in better than expected.
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Allbirds CEO Calls 2024 a Year of ‘Operational and Financial Progress’
Net revenue in the fourth quarter decreased 22.4 percent to $55.9 million compared to $72.0 million in the same period last year.
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Safilo Management Touts Resilience in Complex 2024
The Italian eyewear group registered solid growth in Europe and challenges in North America last year, while it expanded its owned brand portfolio and reported strong growth for Carrera, David Beckham, Tommy Hilfiger and Carolina Herrera.
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Dick’s Issues Weaker Guidance After Record Holiday Season
The sports retailer will be adding House of Sport, Field House and Golf Galaxy Performance Centers to its roster of stores this year.
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Journeys’ Business Continues to Improve as Genesco Closes Out 2024 With ‘Strong Finish’
Net sales in the fourth quarter of fiscal 2025 increased 1 percent to $746 million.
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Ferragamo Stands Firm on Maximilian Davis and Strategy Despite Sales Dip, Leadership Change
Chairman Leonardo Ferragamo reiterated his family’s commitment to the company and to creative director Maximilian Davis.
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Zalando’s New Strategy Results in Acquisitions, Growth in 2024
The German e-commerce giant reported a return to growth in 2024 and explained how it would further develop a strategy encompassing B2B, B2C and enriched consumer experiences.
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Victoria’s Secret Projects $10M to $20M Hit to Operating Income From China Tariffs in 2025
CEO Hillary Super had some signs of fourth-quarter strength, with a 5 percent comp sales increase, but was more cautious on the first quarter.
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Foot Locker Says Its Lace Up Plan Is Working as It Closes Fiscal 2024 Above Its Revised Expectations
Total sales in the fourth quarter of 2024 were $2.24 billion, down 5.8 percent from $2.38 billion the same time in 2023.
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On Says Its Cloudmonster and Cloudsurfer Sneaker Models Contributed ‘Significantly’ to Growth in Q4
Sales from shoes grew by 33.6 percent to 568.8 million Swiss francs in the fourth quarter.
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Brooks Reaches $1B Sales Milestone in First 9 Months of Year
Its Q3 success was driven by growth across all regions and channels, including a 10 percent year-over-year increase in North America.
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Nike Reports Mixed Results for Q1, Postpones Investor Day
The company’s chief financial officer said he sees “early wins.”