Articles by Jan Schroder
Debut in Berlin: Alo opens first store in Germany
US sportswear brand Alo has opened its first store in Germany in Berlin-Mitte. The yogawear specialist chose the popular shopping district of Hackescher Markt for its location. At Münzstraße 21-23, Alo now offers womenswear and menswear, footwear and accessories across an area of approximately 557 square metres. The move into Germany marks “a...
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Amer Sports promotes Michael Absmaier to president of Atomic
Ski brand Atomic, part of the sporting goods group Amer Sports Inc., is facing a leadership change. On Monday, the company announced that Michael Absmaier will take over as president of the label on January 1, 2027. He succeeds Wolfgang Mayrhofer, who will retire at the end of the year after more than four decades at Atomic. Absmaier himself has...
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Frasers group further increases its stake in Hugo Boss
British retail group Frasers Group plc has come one small step closer to a majority stake in the Metzingen-based fashion company Hugo Boss AG. On Monday, the German apparel provider stated in a regulatory filing that Frasers Group had increased its stake from just under 47.9 percent to 48.8 percent. At the same time, however, the retailer...
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18Ply: Oui Group launches new knitwear brand
The Munich-based clothing supplier Oui Gruppe GmbH & Co. KG is expanding its portfolio with a new knitwear brand. On Tuesday, the company announced the launch of the label “18Ply – a knitter's project”. It will be launched for the autumn/winter 2027/28 season. Orders will open next January. According to the Oui Group, the new brand stands for “...
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Hennes & Mauritz surprises with significant profit increase in third quarter
Swedish apparel group Hennes & Mauritz AB (H&M) posted a surprisingly strong profit increase in the third quarter of its 2025/26 financial year. Sales, however, remained virtually flat compared to the same period last year. This was revealed in an interim report published on Thursday by the parent company of brands including H&M, Cos, Weekday, &...
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On aims for further growth, sets new targets for 2029
Swiss sportswear provider On Holding AG presented its new financial targets for the period up to 2029 on Tuesday, ahead of an investor day. The company also confirmed its current annual forecasts. For the next three years, On is aiming for average annual sales growth in the high teens on a currency-neutral basis. This should bring total sales in...
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Hugo Boss: Frasers CEO Michael Murray is new chairman of the supervisory board
British major shareholder Frasers Group Plc has once again asserted its influence at the Metzingen-based fashion group Hugo Boss AG. On Wednesday, the clothing company announced that Michael Murray was elected as the new chairman of the supervisory board on Tuesday. His predecessor, Stephan Sturm, announced his resignation a few days ago. Murray...
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Calida Group: Aubade appoints Anne Gilbert as head of human resources
The French lingerie brand Aubade has made a key appointment. On Thursday, the company, which is part of the Swiss textile group Calida Group, announced the appointment of Anne Gilbert as head of human resources. “With 17 years of experience in the luxury and retail industry, Anne Gilbert has extensive expertise in HR strategy; organisational...
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Victoria's Secret raises forecasts after strong second quarter growth
US lingerie retailer Victoria’s Secret & Co. achieved significant growth in sales and earnings in the second quarter of the 2026/27 financial year. In light of this recent positive development, management raised its full-year forecast on Thursday. In the 13 weeks to August 1, the parent company of the Victoria’s Secret, Pink and Adore Me brands...
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Lands' End reports Q2 revenue growth and return to profitability
US clothing retailer Lands’ End Inc. increased its revenue and returned to profitability in the second quarter of the 2026/27 financial year, according to an interim report published on Thursday. Group revenue for the 13 weeks to July 31 amounted to 302.0 million US dollars. This represented an increase of 2.7 percent compared to the same...
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