Pandora second quarter operating profit in line with forecast, keeps 2025 outlook
Danish jewellery maker Pandora posted second-quarter operating profit in line with expectations on Friday, and stuck to its full-year growth forecast. Read More
Danish jewellery maker Pandora posted second-quarter operating profit in line with expectations on Friday, and stuck to its full-year growth forecast. Read More
The market for used luxury timepieces recorded its best half-year performance since early 2022, providing a bright spot in an otherwise grim landscape for high-end watches. Read More
The manufacture of iconic “made in the USA” cowboy boots is set to suffer from President Donald Trump’s 30% tariffs on South African exports that came into force in August. Read More
Austrian fibre manufacturer Lenzing generated sales of 1.34 billion euros in the first half of the year, which was higher than in the same period last year. EBITDA increased by 63.3% to 268.6 million euros. Read More
The world’s biggest retailer of Ikea goods said on Wednesday CEO Jesper Brodin was stepping down after eight years, to be succeeded by Spaniard Juvencio Maeztu, the first non-Swede to lead the group. Read More
The US and Canadian arms of Claire’s have already filed for bankruptcy protection and now the UK/Ireland arm is set to file for administration, with 2,150 jobs on the line. Read More
Positive news first. Total UK retail sales increased by 2.5% in July (06 July-2 August), against growth of just 0.5% seen in July 2024. That’s according to the monthly KPMG/BRC Sales Monitor. Read More
Gildan Activewear Inc. agreed to buy US underwear maker Hanesbrands Inc. for about 2.2 billion dollars in cash and stock. Read More
At least 146 people have been in touch with UK police alleging crimes by former Harrods owner Mohamed Al-Fayed since authorities opened a new probe last year, the Metropolitan Police confirmed on Wednesday. Read More
The 15.5% of SMCP’s capital that had been improperly transferred to a trust by its Chinese shareholder, who defaulted in 2021, have just been returned to the Luxembourg holding company that held them. Read More