Management

Sales decline in North America impacts Adidas' Q1 results

In the first quarter, currency-neutral revenues at Adidas increased 8 percent driven by the strong momentum of the underlying Adidas business, which grew 5 percent. In addition, the sale of parts of the remaining Yeezy inventory generated revenues of around 150 million euros during the quarter. In euro terms, the company’s revenues grew 4...

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Business |Interview

Taipei Fashion Week’s associate director on the emerging market and evolving heritage

The face of Taipei Fashion Week has been under constant construction since its launch in 2018, as those behind the Taiwanese event continuously explore, experiment and shift their approach in order to grow awareness. This differs from the already well-established creative market that has a prominent place in the country in the form of cultural...

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Management

Mister Spex supervisory board proposes election of Claus-Dietrich Lahrs and Gil Steyaert

Mister Spex has announced that Claus-Dietrich Lahrs, 60, and Gil Steyaert, 61 are running for the supervisory board of the company. If elected, Lahrs will serve as chairman and Steyaert will become deputy chairman of the company’s supervisory board. Claus-Dietrich Lahrs and Gil Steyaert will stand for election at this year's annual general...

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Management

First quarter luxury earnings show brands' strengths and weaknesses

French luxury conglomerates serve as bellwethers for the wider industry, and the first-quarter revenue results have provided insight into both the strengths and weaknesses of the sector, shedding light on the preferences and behaviours of luxury consumers worldwide. While certain companies exceeded analysts' expectations, others experienced a...

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