The US e-tail site has been applying stock market-inspired concepts to the sale of sneakers for three years. CEO Scott Cutler told FashionNetwork.com he wants to go further in deploying the IPO-for-products model.
Fashion retailer Reiss has reported a strong Christmas trading period, both in the UK and internationally, and said the festive season continued a pattern it had seen throughout 2019. SS20 has started well too.
The American consumer goods conglomerate announced second-quarter profits that beat analysts’ expectations on Thursday, but posted revenues that came in under estimates, despite strong growth in health care and beauty.
Fragrance and flavor maker Givaudan said it was confident of delivering like-for-like sales growth of between 4% and 5% this year, within its mid-term target range, implying a slowdown from 5.8% growth last year.
Multibrand retailer Wolf & Badger has seen a “consistent rise in overall global sales and strong performance from its flagship stores in London and New York” to give it another period of higher full-year revenues.