Articles by Jan Schroder
Tapestry exceeds expectations in fourth quarter despite high losses
The US fashion group Tapestry Inc. slipped deep into the red in the fourth quarter of the 2024/25 financial year due to negative one-off effects. Overall, the results, which the company published on Thursday, exceeded market expectations. In the final quarter, which ended on June 28, group revenue amounted to 1.72 billion dollars. This...
BusinessFeaturedMember14 Aug 2025
Birkenstock remains on growth path in Q3, confirms forecasts
German footwear brand Birkenstock continued its growth trajectory in the third quarter of the 2024/25 financial year. This was revealed in an interim report published on Thursday by its New York Stock Exchange-listed parent company, Birkenstock Holding plc. Group revenue reached 635 million euros in the months from April to June. This...
BusinessMember14 Aug 2025
Asics increases quarterly sales in EMEA by almost 27 percent and raises annual forecasts
The Japanese sportswear brand Asics significantly increased its EMEA sales in the second quarter of the current financial year. Revenue in Europe, the Middle East and Africa exceeded the level of the same period last year by 26.6 percent, the company announced on Wednesday. The brand achieved growth across all regions, product categories and...
BusinessMember13 Aug 2025
On slips into the red in second quarter despite sales increase
Swiss sportswear supplier On Holding AG set another sales record in the second quarter of the 2025 financial year. Negative currency effects resulted in a substantial loss. Despite this, the trainer specialist raised its annual forecasts on Tuesday due to the unexpectedly strong growth in its operating business. Asiapacific sales more than...
BusinessFeaturedMember12 Aug 2025
Skechers remains on growth course in second quarter
Footwear retailer Skechers USA Inc. achieved strong revenue and profit growth in the second quarter of the 2025 fiscal year. According to an interim report published on Friday, the company, which is about to be acquired by financial investor 3G Capital, generated revenue of 2.44 billion dollars in the months from April to June. This represented...
BusinessMember11 Aug 2025
Ralph Lauren starts new financial year with strong growth
US fashion group Ralph Lauren Corporation (Ralph Lauren) achieved unexpectedly strong growth in sales and earnings in the first quarter of the 2025/26 financial year. As a result, the company raised its forecasts for the full year on Thursday. In the first quarter, which ended on June 28, group revenue reached 1.72 billion dollars. This exceeded...
BusinessFeaturedMember7 Aug 2025
Hanesbrands exceeds expectations in second quarter
US textile group Hanesbrands Inc. presented surprisingly strong results for the second quarter of the 2025 financial year on Thursday. In light of the positive development, the company set higher targets for the full year. In the past quarter, which ended June 28, group revenue from continuing operations amounted to 1.29 billion dollars. This...
BusinessMember7 Aug 2025
Kontoor Brands raises sales forecast after strong quarterly figures
US apparel supplier Kontoor Brands Inc. achieved unexpectedly strong growth in sales and earnings in the second quarter of the 2025 financial year. As a result, the company updated its annual forecasts on Thursday. In the period from April to June, consolidated revenue amounted to 658.3 million dollars. This represented an increase of 8 percent...
BusinessMember7 Aug 2025
Lenzing reports revenue growth and profitability in H1 2025
Austrian fibre producer Lenzing AG achieved revenue growth in the first half of the 2025 financial year. Thanks to successful reforms, the company has returned to profitability. Recently, however, Lenzing AG has felt the effects of the increasingly difficult economic climate. "In the second quarter, however, international customs measures and...
BusinessMember7 Aug 2025
Capri Holdings returns to profit in first quarter despite revenue decline
US fashion group Capri Holdings Limited exceeded expectations in the first quarter of the 2025/26 financial year. While the company experienced a significant decline in revenue, it reported a profit, unlike the same period last year, due to significantly lower costs. This is evident from the latest results released on Wednesday. In the first...
BusinessMember6 Aug 2025