by Fashion Value Chain | Jan 29, 2024 | Business & Policy, Industry Updates
Primark, owned by Associated British Foods, continues its success as its Retail division records a 7.3% increase in sales during the 16 weeks leading to January 6, reaching £3.376 billion. Despite a slow start due to unseasonal warm weather, the trading update...
by Fashion Value Chain | Jan 22, 2024 | Business & Policy, Fashion Updates, Industry Updates
In a recent trading statement, Mulberry Group revealed a mixed performance for the 13 weeks ending on December 30. While overall sales experienced a decline, there were notable positive aspects within what was largely a challenging report. The global market witnessed...
by Fashion Value Chain | Mar 11, 2023 | APPAREL
The kids apparel market generated a total revenue of US$ 187.29 billion in 2022. The industry is predicted to register a healthy CAGR of 6.8% over the forecast period to attain a revenue of US$ 386.19 billion by 2033. The kids apparel industry holds lucrative growth...
by Fashion Value Chain | Feb 24, 2023 | Brands, Business & Policy, Retail
EssilorLuxottica, a manufacturer of high-end eyewear, on Thursday reported an increase in fourth-quarter revenues while claiming strong growth in a difficult environment. Nevertheless, because of Covid-19 restrictions, the company’s performance in China fell. At...
by Fashion Value Chain | Feb 4, 2023 | Retail
Skechers U.S.A. Inc. reported record fourth-quarter sales of $1.88 billion on Thursday, wrapping off a year of rapid expansion for the footwear company with double-digit annual sales growth. The Los Angeles-based company reported that sales grew 13.5% for the three...