The American fashion retailer reported Q3 net sales of $905.2 million on Tuesday, a figure that represented an increase of 10% compared to $819.7 million in the prior-year period, led by a 17% rise in the United States.
American Eagle Outfitters said on Tuesday its inventory levels jumped ahead of the holiday season as it spent more on freight to overcome supply-chain disruptions, after posting better-than-expected quarterly results.
Google is aiming to help the fashion industry become more sustainable and has linked with Stella McCartney, The Textile Exchange and the World Wide Fund for Nature on the Global Fibre Impact Explorer tool.
Threads giant Coats Group seems to be bouncing back from the pandemic with the company on Tuesday saying that in the three months to the end of October, its organic revenue was 6% higher than the same period in 2019.
The American fashion retailer reported a year-over-year increase of 16.7% in its third-quarter net sales on Monday and a 14.6% rise compared to the same period two years ago, as progress online offset in-store declines.
Amazon's latest spat with Visa shows big retailers, armed with a growing array of payment options, are gaining the upper hand in their power struggle with card providers, but it's not a crisis for the payment company.
In this post-2020 phase, luxury groups will be driven to drastically alter their sourcing models and carry out a radical rationalisation of their supply chain, according to a study by Sistema Moda Italia.