Tag: Clothing and fashion
Puma achieves record sales and operating profit in 2022
New Puma CEO Freundt Puma’s business is said to be better than Adidas’ this year as well. (Photo: dpa) Even after the change from CEO Björn Gulden to Adidas, Puma…
The amazing second life of Bonita
Branch of Bonita The retailer was supposed to be repositioned for a younger target group, but that went awry. (Photo: Bonita) Dusseldorf Not even three years ago, the owners basically…
Zalando is cutting several hundred jobs
Berlin The Berlin Dax group Zalando is cutting hundreds of jobs. The company bosses Robert Gentz and David Schneider explained the step in a letter to the employees on Tuesday…
Is joining Zalando worth it?
Zalando’s headquarters in Berlin-Mitte Europe’s largest online fashion retailer was founded in Berlin in 2008. (Photo: Bloomberg) Dusseldorf, Berlin Everyone is talking about a new normality, after Corona, with war…
Pharrell Williams succeeds Virgil Abloh as creative director at Louis Vuitton
The 49-year-old is a pop and world star and has been celebrated in the scene for years for his collaboration with the world of luxury brands. The question of who…
Why the luxury brand is repositioning itself
Gucci store in Singapore The Gucci brand, which belongs to the French parent company Kering, is currently “not up to expectations”, emphasized Kering CFO Jean-Marc Duplaix when presenting the figures.…
Adidas warns of possible losses this year.
Adidas headquarters in Herzogenaurach The second largest sporting goods company in the world is in a deep crisis. Now the hopes rest on the new CEO Björn Gulden. (Photo: imago…
Adidas warns of possible losses this year.
Adidas headquarters in Herzogenaurach The second largest sporting goods company in the world is in a deep crisis. Now the hopes rest on the new CEO Björn Gulden. (Photo: imago…
These luxury stocks are good picks for investors
Bags, suitcases and shoes by LVMH Many analysts are currently recommending buying LVMH shares. (Photo: Bloomberg) Cologne The luxury goods industry is booming – despite war, inflation and the threat…
New Adidas leadership to bring momentum to the business
Intersport store in Heilbronn The chain of retailers is benefiting from the stronger demand for sneakers and other sportswear. (Photo: dpa) Munich After the change of management at Adidas, the…
Juwelier Christ wants to expand with a new owner in Europe
Dusseldorf The Christ jewelry chain has more than recovered from the slump in sales during the corona crisis. “We had an extremely strong 2021/22 financial year, which we closed with…
LVMH boss Arnault makes daughter Delphine Arnault Dior boss
Paris Bernard Arnault and his daughter Delphine Arnault get along very well. This can be observed at the Paris fashion shows. The 47-year-old French woman often accompanies her 73-year-old father…
How e-commerce could benefit from inflation
Dusseldorf The online trade association BEVH has recently made no effort to sugarcoat the situation in the industry. “Any hopes for the Christmas business cannot come true,” complained Martin Groß-Albenhausen,…
Inflation and cost pressures: Retail faces consolidation
Dusseldorf The year 2023 is likely to start with bad news for retailers in many German cities. Because in the course of January it will become clear which locations the…
Inflation and cost pressures: Retail faces consolidation
Dusseldorf The year 2023 is likely to start with bad news for retailers in many German cities. Because in the course of January it will become clear which locations the…
This Swede provides solar power in Vietnam
Munich In David Ekelund’s native Sweden, the sun doesn’t even rise for weeks in some places during the winter. Factories here can hardly be supplied with solar power all year…
This Swede provides solar power in Vietnam
Munich In David Ekelund’s native Sweden, the sun doesn’t even rise for weeks in some places during the winter. Factories here can hardly be supplied with solar power all year…
British fashion designer Vivienne Westwood has died
London The political statement was an integral part of Vivienne Westwood’s fashion – at times to the chagrin of husband and co-designer Andreas Kronthaler. “She likes the clothes to have…
Why Björn Gulden has to change his Puma formula for success
Bjorn Gulden The Norwegian had already worked as a manager for Adidas at the beginning of his career. Later he successfully led the smaller competitor Puma. (Photo: Christoph Maderer/ PUMA)…
Björn Gulden: Transfer 2022
Bjorn Gulden Former soccer player, now manager: Gulden has been the CEO of Puma since 2013. In 2023 he will switch to Adidas. (Photo: Puma, Imago, Handelsblatt Montage) Dusseldorf The…