Marimekko may be quite low-key when it delivers its earnings announcements but its high-profile prints are clearly making an impact on consumers, despite the tough market and a few difficult years for the business.
The buzz-building campaign for the new Erdem x H&M collection that launched today appears to have worked well, perhaps too well with the firm’s website crashing as it went on sale at 09:00 GMT this morning.
Hanesbrands saw sales climb 2 percent in the third quarter ended Sept. 30, to $1.8 billion, returning to organic sales growth, for the first time in eight quarters. The firm now expects full-year sales of $6.45 billion.
Saks Fifth Avenue owner Hudson’s Bay Co said on Wednesday it had received a bid for its German department store chain Kaufhof from Signa Holding, the Austrian property and retail group that owns Karstadt.
Lululemon has dropped its patent infringement lawsuit against Under Armour where it originally claimed UA copied two of its patented sports bra strap designs and the distinctive look of the strappy Energy Bra.