Puma Sales Slow Less Than Expected as Anta Partnership Advances
The German sportswear business is attempting to reboot its brand appeal to better compete with larger rivals Adidas and Nike.
Cheltenham, United Kingdom
Financial Markets
Superdry Sees First Half Profit Wiped Out
Missteps by previous management has led the British retailer's CEO to caution that a turnaround will take up to three years.
Retail
Returning Superdry Founder Slashes Value of Stores by $161M
Julian Dunkerton won a bitter battle to rejoin the board in April, prompting the resignation of all its directors.
Retail
Superdry Names Interim CFO
The reshuffle comes two months after the return of Superdry founder Julian Dunkerton sparked the resignation of most of the board.
Retail
Superdry Issues Profit Warning After Founder's Return
The warning comes just over a month after Julian Dunkerton returned to lead a turnaround.
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Retail
Superdry Shares Slump Following Founder's Return
The return of Julian Dunkerton sparked the exit of most of its board members, including top executives.
Retail
Superdry Founder Set to Win Investor Backing for Return to Board
The apparel retailer's board had opposed founder Julian Dunkerton's return, saying it would be highly disruptive and could trigger resignations.
Retail
Superdry Founder Pushes for Appointment to Board
Superdry, shares in which slumped 68 percent over the last year, has already said that it does not want founder Julian Dunkerton back, asking shareholders to vote against him
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The News in Brief
Indian Fashion Retailer Trent Jumps as Quarterly Profits, Sales Rise
The Tata Group-owned business beat expectations, shoring up confidence in its fashion business after a period of sluggish performance.
Textured Haircare Brand The Mane Choice Names New CEO
Chasity Monroe has been appointed as the label’s chief executive as it undergoes a wider brand refresh.
APR Corp’s Quarterly Revenue Doubles on Skincare, Overseas Growth
The Korean firm and Medicube owner reported third quarter revenue growth of over 100 percent, mostly attributed to the expansion of its skincare range into new markets, channels and product categories.
Swan Beauty Names Chief Makeup Artist in Residence
Celebrity-makeup artist Ash K. Holm will join the “smart” mirror brand for a year-long partnership focusing on guidance and education.
Amorepacific Third-Quarter Revenue Rises 11%, Overseas Growth Cools
Revenue growth outpaced the previous quarter in the Korean conglomerate’s domestic market, but slowed internationally.
Hearst Magazines Names Juliana Stock President
Current president Debi Chirichella will be Hearst Magazine’s next chair.
Lilly Raises Sales Forecast, Widening Lead in Obesity Market
Eli Lilly & Co. raised its full-year sales forecast as demand for its blockbuster obesity and diabetes drugs continues to surge, giving the drugmaker more momentum as it expands into pills and develops even more powerful weight-loss treatments.