Joules Group had good news on Tuesday as it’s expecting a “positive performance” across all retail channels for the financial year that ends in a few weeks, with revenue and pre-tax profit ahead of expectations.
The international fragrance company achieved net income of $27.7 million in the first quarter ended March 31, 2020, up 175% from $10.1 million in the prior-year period, and 47% from $18.9 million in Q1 2019.
Coty Inc’s biggest business that includes brands such as Burberry perfumes and Gucci foundations returned to growth in the third quarter after a tumultuous 2020, while the cosmetics maker’s net loss narrowed sharply.
The American fashion company has joined forces with MLB to launch three collaborative collections featuring iconic teams including the New York Yankees, Los Angeles Dodgers, Chicago Cubs and St. Louis Cardinals.
The playful pop-up was created for the brand’s pre-fall 2021 men’s collection and was designed by Dior’s menswear creative director, Kim Jones, in collaboration with American street artist, Kenny Scharf.
French winter sports brand Salomon is set to cut 82 manufacturing jobs, while at the same time adding to its R&D and head-office staff, where 59 new jobs will be created to speed up the company’s diversification.
New Look has won a crucial court fight, defeating a landlord challenge to its company voluntary arrangement with the landlords feeling they were unfairly treated by last year's CVA process for the retailer.