Deckers Outdoor Corp said on Tuesday it was exploring strategic alternatives, including a sale of the company, a month after an activist investor urged the apparel and accessories maker to sell itself.
German e-commerce investor Rocket Internet said on Tuesday it managed to reduce losses at its main ventures in 2016 and hopes to turn three of them profitable by the end of 2017, with share listings still a possibility.
German sportswear firm Puma has seen such strong demand for products promoted by celebrities like model Cara Delevingne and Canadian rapper The Weeknd that its supply chain is racing to keep up, its CEO said on Tuesday.
In an interview with the Financial Times published on Monday, Adidas CEO Kasper Rorsted nixed any talk of future US or European manufacturing for Adidas, citing costs and realities of the labor market.
A British beauty start-up founded by a former glossy magazine editor has secured £3.5 million in funding from Unilever’s venture capital operation and has plans to expand to further UK cities as well as abroad.
The CEO of Cath Kidston has become the latest industry executive to call for a liberal, open Brexit deal to be negotiated while also saying that the company has seen higher UK sales since the Brexit vote.