The luxury rental company reported revenue of $67.1 million for the first quarter of 2022, up from $33.5 million in 2021. Gross margin was up …
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Revenue
Growing International Sales Boost Gymshark Revenue and Profits
The UK-based activewear brand reported a 54 percent increase in revenue in the year ending July 31 2021, according to accounts filed to the UK’s …
Shopee-Owner Sea Tops Revenue Estimates on E-Commerce Strength
Singapore-based Sea Ltd beat first-quarter revenue estimates on Tuesday, driven by improvements in its core e-commerce business in South East Asia and Latin America, sending …
Brazilian Footwear Giant Arezzo & Co Posts Q1 Revenue Growth
The footwear and accessories conglomerate reported an adjusted net income of 58 million Brazilian reais ($11.34 million) in the first quarter of 2022, an increase …
PVH Corp Posts 28 Percent Revenue Growth in 2021
The Calvin Klein and Tommy Hilfiger parent on Tuesday reported that fourth quarter revenue increased 16 percent to $2.4 billion compared to the prior year, …
Magazine Luiza’s Net Revenue Drops in Fourth Quarter on Inflation, Interest Rate Concerns
Brazilian retailer Magazine Luiza SA reported net revenue of 9.4 billion reais ($1.87 billion) in its fourth quarter, down 6.6 percent year-on-year. For the full-year, …
Nike Beats Quarterly Revenue Estimates Boosted by North America Demand
Nike Inc. beat quarterly revenue estimates on Monday, helped by robust holiday demand for its sports shoes and apparel in North America. The world’s biggest …
Chinese Sportswear Giant Li Ning Sees Revenue Rise 56.1% in 2021
The brand reported 2021 revenue of 22.57 billion yuan ($3.55 billion) and gross profit of 11.97 billion yuan. The company’s operating cash flow also rose …
Arezzo & Co’s Net Revenue Rises 81% in 2021 on Physical Retail Acceleration
The Brazil-based footwear and accessories conglomerate registered full year 2021 adjusted net revenue of 2.93 billion Brazilian reais (approximately $575.7 million), up 81.3 percent year-on-year. …
Perfect Diary Parent Yatsen Holdings Sees 2021 Revenue Rise 11.6% – Business of Fashion
Images and Article from www.businessoffashion.com. The Guangzhou-based parent company of Perfect Diary and Eve Lom posted total net revenue of 5.84 billion yuan ($916.4 million) …
JD.com Posts Quarterly Loss as Costs Rise, Revenue Growth Slows – Business of Fashion
Images and Article from www.businessoffashion.com. The e-commerce firm posted a quarterly loss on Thursday as its operational costs surged, and reported its weakest revenue growth …