Australia, a country known for punching above its weight in sport, literature, cinema, media, wine and the pursuit of happiness, has tended to underperform when it comes to fashion. One major exception is Zimmermann.
The group announced a 178.6% increase in Q2 revenue on Wednesday, growth driven by the retail channel, which was, nonetheless, still not able to bring the company’s sales in line with pre-pandemic levels.
The fashion group, which has owned 70% of its flagship brand since 1999, has purchased the remaining 30% from Italy's Siny, taking complete control of the business. The value of the transaction was 66.5 million euros.
According to a new report from The NPD Group, U.S. performance footwear sales grew 23 percent in the second quarter, while leisure footwear sales climbed at a slightly higher rate, showcasing post-Covid consumer trends.
Visa Inc beat estimates for quarterly profit on Tuesday as speedy vaccine rollouts spurred consumers to spend more on travel and entertainment, boosting volumes for the world's largest payment processor.
The New York-based cosmetics brand and the Texas-born rapper are launching their limited-edition Hot Girl Sunset Collection via the online marketplace and resale platform’s DropX DTC product release model.
The company's loan will be linked to its environmental performance, with a focus on two main indicators: direct emissions and indirect emissions generated by electricity purchased and consumed by the group.