Superdry has been sharing plenty of information recently about its ambitious plans for India, and it now seems that as well as new stores, it will be focusing on multichannel retail with an Indian website due soon.
Sportswear maker Under Armour Inc on Tuesday cut its full-year revenue forecast for North America, its biggest market, as it suffered in the face of a strong performance by bigger rivals Nike and Adidas.
Bengaluru-based footwear brand Fine Footwear’s appeal to the High Court over the case against it by Skechers has been dismissed. The US footwear brand Skechers had taken Fine Footwear to court over its packaging.
The Japanese sports brand, until now structurally integrated within the Asics group, has set up its own organisation, introducing fresh lines and soaring to new heights with collaborations like the one with Givenchy.
Skechers has reported record sales of $1.259 billion in Q2 2019, up 10.9% from the prior-year period – progress which set the California-based footwear company up for a comfortable earnings beat after a disappointing Q1.
London-based Koovs, the fast fashion e-tailer that targets the Indian market, has had plenty of challenges to deal with in the last few years, but its recent funding and trading boost have put it back on track.
Superdry's full-year figures were bad, as expected, but the company said its "reset year" is starting to yield results as its shifts from a buyer-led approach, boosts web sales, increases marketing and reinvents itself.