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Alibaba rival Pinduoduo sees revenue fall short on weak China consumer spending
PDD Holdings Inc, which owns discount e-commerce platforms Pinduoduo and Temu, missed expectations on Monday for fourth-quarter revenue as China's post-reopening consumer recovery remains patchy.
Fashion
Business
Nike sales to gain from Adidas-Kanye split, Jordan Retro demand
Nike is set report a rise in third-quarter revenue and grow its market share through 2023, helped by major rival Adidas' split with Kanye West that caused the German company to lose about $600 million in quarterly sales.
Fashion
Business
PLBY Group sales growth strong in 2022, earnings take hit
PLBY Group announced on Friday revenues for the full year 2022 grew 8% to $266.9 million, coinciding with net losses widening for the 12 months ending December 31.
Fashion
Business
Foot Locker sales inch forward in 2022, reveals transformation plan
Foot Locker Inc. announced on Monday net sales for the year 2022 inched forward 0.9% to $8.75 billion compared to 2021, on the back of a solid fourth quarter that clocked strong comps growth to end the year.
Fashion
Business
Trade shows
Cosmoprof beauty show in Bologna to host 2,900 exhibitors from 64 countries
The beauty trade show will take place in Bologna, Italy, on March 16-24, and is back to pre-Covid numbers with exhibitors from 64 countries, 60% of them from Europe, visitors from 116 countries and buyers from over 50.
Beauty
Trade shows
ModaLisboa kicks off 60th edition with Fast Talks
Lisbon Fashion Week, held from March 9 to 12 at the Lisbon Social Mitra innovation hub in Lisbon's Santa Casa da Misericórdia, is kicking off its 60th edition with its now customary fast talks.
Fashion
Trade shows
Emerging labels centre-stage at Parisian shows Tranoï, Sphère, Woman
Focus on the creative, directional labels under the spotlight during the womenswear fashion week in various Parisian trade shows and showrooms, featuring emerging designers breaking new ground in women's fashion.
Fashion
Trade shows
Tranoï show reveals labels exhibiting at next womenswear session
The womenswear edition of Parisian trade show Tranoï, scheduled on March 2-5, will feature a majority of international exhibitors, and designers with an edgy, unique approach to knitwear, jewellery and outerwear.
Fashion
Trade shows
