VF Corp ‘not where we should be’ in Q1 as revenues dive 8%
VF Corporation saw its revenue drop 8% to $2.1bn for the first quarter ending 1 July 2023 suggesting a slowdown…
Q1 2023
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China’s post-Covid recovery boosts Burberry Q1 sales despite bleak US picture
During the first quarter, Burberry's comparable store sales increased 18% for the 13 weeks ending 1 July, reaching revenues of…
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Sainsbury’s upbeat on clothing performance in Q1 despite sales dip
In its Q1 results, Sainsbury's reported a general return to volume growth across the company but clothing sales declined during…
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N Brown needs new proposition, marketing strategy to counter revenue decline
N Brown Group reported its first quarter result for the 13 weeks ended 3 June 2023 with total group revenue…
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Foot Locker laments muted demand in Q1, names former Kohl’s exec as CFO
"More aggressive markdowns" are on the cards at Foot Locker as the firm looks to drive demand and manage inventory,…
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Allbirds co-CEO Brown steps down amid job cuts and widening losses
Allbirds announced in a recent filing the company has cut around 21 corporate jobs as part of a cost-cutting exercise.…
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Asics Q1 revenues smash all-time record
For the first quarter that ended 31 March 2023, Asics reported a 44.6% increase in its net sales from ¥105.3bn…
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Wolverine Worldwide weighs options for Sperry in portfolio optimisation
Wolverine Worldwide CEO Brendan Hoffman told investors on a call in the wake of the first quarter results (Q1) the…
