Shares of Wolverine Worldwide nudged up under 1 percent Wednesday morning on the news that the footwear company finished 2023 with revenue and earnings that were in line with its guidance, as well as inventory and debt levels that were better than expected, after months of aggressive divestitures and cost cutting measures. Even still, the Rockford, Mich.-based company reported that revenues in […]
Ralph Lauren Corp. continued to play its game well in the fiscal second quarter — despite weakness in the North American wholesale business and a tougher economy. The company has been on a campaign to elevate its brand and kept at it this quarter, boosting average unit retail prices at its own stores and on its website by […]
MILAN – After a 2022 that chief executive officer Silvio Campara had described as “unforgettable,” Golden Goose continued its upward trajectory in the first half of the year. In the six months ended June 30, revenues rose 21 percent to 276.4 million euros compared with the same period last year. Compared with the first half of 2021, sales soared […]
Adidas on Monday raised its full-year guidance, citing tailwinds from its decision to start selling Yeezy merchandise again after parting with Yeezy head Kanye West and his brand in October in light of repeated antisemitic statements. The German sportswear retailer on Monday reported preliminary results for the second quarter, noting that revenues and profits were “positively impacted” by its decision […]