Lacoste names Philippe Gautier as head of finance

[ad_1] Translated by Nicola Mira Published Feb 12, 2024 French sportswear brand Lacoste has recently appointed a new executive vice-president finance, Philippe Gautier, who was recently CFO and COO at beauty and wellness website Waldencast. Gautier has a track record of over 30 years in finance, most of which he spent at fashion and luxury […]

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Puma India announces it plans to continue brand ambassadorship of Virat Kohli following reports he may leave

[ad_1] Sportswear brand Puma announced that it plans to continue its relationship with celebrity cricket player Virat Kohli as a brand ambassador. The announcement comes at a time when reports are circulating that Kohli has been offered a deal by another brand in the industry.  Batter Virat Kohli wearing Puma – Virat Kohli- Facebook “Puma’s […]

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Retailers slash prices on more Nike sneakers in 2024, data shows

[ad_1] By Reuters API Published Feb 2, 2024 Retailers slashed prices on twice as many Nike sneakers in 2024 than two years earlier, endangering the sportswear giant’s typically strong pricing power at a time of stiff competition from rival sneaker brands, according to analytics firm Vertical Knowledge. Nike instagram Researchers compiled online pricing data from […]

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Adidas slumps as weak profit forecast follows currency hit

[ad_1] By Bloomberg Published Feb 1, 2024 Adidas AG slumped after the German sports apparel maker said negative currency movements mean its profit this year will be less than half of what analysts were expecting. Reuters Operating profit should be around €500 million ($542 million) in 2024, Adidas said late Wednesday. That’s below the average […]

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Puma shares fall on weaker-than-expected earnings forecast

[ad_1] By Bloomberg Published Jan 24, 2024 Puma SE fell as much as 8.4% after the German sports company said earnings this year will be weaker than expected, citing factors including the devaluation of the Argentine peso. Earnings will probably be in a range of €620 million ($675 million) to €700 million this year, the […]

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Kapsons Group opens Kapkids store in Mohali

[ad_1] Apparel retail business Kapsons Group has opened its fifth ‘Kapkids’ children’s wear store in Mohali to bolster its retail presence in Punjab. The multi-brand store is located in CP 67 Mall and houses a selection of clothing and accessories.  Kapkids retails both Indian and international children’s wear brands – CP.67 Mall- Facebook “Exciting News, […]

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Men’s fashion returns to Paris with an intense line-up and Louis Vuitton once again in the spotlight

[ad_1] Translated by Cassidy STEPHENS Published Jan 15, 2024 After creating a worldwide buzz in June with his first Pharaonic show on the Pont-Neuf for Louis Vuitton, Pharrell Williams is well on the way to doing it again. On Tuesday, his show is sure to create a stir at the opening of Paris Fashion Week, […]

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