Articles by Jan Schroder
Birkenstock reports significant profit decline despite sales growth
German footwear provider Birkenstock achieved solid sales growth in the second quarter of the 2025/26 financial year, despite adverse conditions and negative currency effects. However, profit declined significantly. This was revealed in a recent interim report published on Wednesday by its parent company, Birkenstock Holding plc, which is listed...
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Marimekko increases quarterly profit by a quarter
The Finnish textile group Marimekko Corporation achieved a sales increase and significantly boosted its profit in the first quarter of the 2026 financial year, despite challenging conditions. This was primarily due to strong growth in its international business. According to an interim report published on Wednesday, sales in the period from...
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On raises profit forecast after record quarter
Swiss sportswear provider On Holding AG (On) has continued its growth trajectory in the first quarter of the 2026 financial year. On Tuesday, the company announced record sales and raised its profit forecast. In the period from January to March, sales amounted to 831.9 million Swiss francs (1,065.3 million dollars). This represents an increase...
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Kontoor Brands reports strong first-quarter growth and announces separation from Lee
US apparel group Kontoor Brands Inc. has started the new 2026 financial year with surprisingly strong results. Alongside the latest figures, the group also announced on Thursday its plan to separate from the Lee brand. Several parties have already expressed interest in the denim label as part of the sales process already initiated, according to...
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Zalando increases quarterly revenue by almost 24 percent following About You acquisition
Berlin-based online fashion retailer Zalando SE has closed the first quarter of the 2026 financial year with a significant increase in revenue and operating profit, as expected. However, negative one-off effects resulted in a significant net loss. In light of the current results, published on Wednesday, the management maintained its annual...
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Hugo Boss: quarterly profit drops by more than half
The Metzingen-based fashion group Hugo Boss AG suffered significant declines in sales and profit in the first quarter of the 2026 financial year. Management attributed this to the challenging environment and the “targeted refocusing of brands and distribution channels” as part of its ongoing ‘Claim 5 Touchdown’ reform programme. The results,...
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Puma appoints former Hugo Boss CEO Mark Langer as chief financial officer
German sportswear provider Puma SE not only presented its latest quarterly figures on Thursday but also filled a key position. The Herzogenaurach-based company announced that Mark Langer will take over the position of chief financial officer (CFO) on May 1. He replaces Markus Neubrand, who is stepping down as chief financial officer with...
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The Platform Group reports strong growth in annual sales and earnings
Düsseldorf-based e-commerce group The Platform Group SE & Co. KGaA experienced strong growth in the 2025 financial year. On Wednesday, the company announced that sales last year reached 728.1 million euros, an increase of 38.8 percent compared to 2024. Gross merchandise volume (GMV) increased by 44.3 percent to approximately 1.30 billion euros....
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Puma appoints former Adidas manager Laurent Fricker to head sportstyle division
German sportswear provider Puma SE is strengthening its team with a former executive from competitor Adidas. On Monday, the company announced the appointment of Laurent Fricker as vice president of the sportstyle business unit. Fricker will take up his new position on June 1 and will report directly to chief brand officer Maria Valdes. According...
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New store in Boston: On continues US expansion
Swiss sportswear provider On Holding AG has further strengthened its presence in the US. On Wednesday, the trainer specialist opened a new store in the East Coast metropolis of Boston. According to the company, On now has 15 stores in the US and a total of 70 worldwide. In Boston, the company has taken up premises on the popular shopping street,...
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