Articles by Jan Schroder
LuxExperience appoints Francis Belin as CEO of Mytheresa
German fashion retailer Mytheresa is preparing for a change in leadership. On Tuesday, listed parent company LuxExperience B.V. (LuxExperience) announced the appointment of Francis Belin as CEO of Mytheresa. He will assume his new role on January 1, 2026. Belin succeeds Michael Kliger. As group CEO of LuxExperience, Kliger will remain...
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TJX raises annual forecasts again following surprisingly strong quarterly figures
US retail group TJX Companies Inc. (TJX) exceeded its own forecasts and analyst expectations in the third quarter of the 2025/26 financial year. Consequently, the company set higher targets for the full year on Wednesday. The off-price specialist, represented in Europe by its TK Maxx and Homesense formats, generated net sales of 15.1 billion...
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LuxExperience: Mytheresa increases quarterly revenue by 12 percent
Online fashion retailer Mytheresa achieved a double-digit revenue increase in the first quarter of the 2025/26 financial year and significantly improved its earnings. This information was published by parent company LuxExperience B.V. in an interim report on Wednesday. The group also reported progress in integrating the Yoox Net-a-Porter (YNAP)...
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Amer Sports beats expectations again in third quarter
Finland-based sporting goods group Amer Sports Inc. has once again exceeded market expectations in the third quarter of its 2025 financial year. In light of this surprisingly strong performance, the parent company of brands including Arc’teryx, Salomon, Wilson and Peak Performance raised its annual forecast again on Tuesday. In the three months...
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Rapha opens first ‘clubhouse’ store in mainland China
British cycling apparel brand Rapha has now launched its ‘Clubhouse’ retail concept in mainland China. The opening of the new store in the economic hub of Shanghai is a “milestone” for the brand and marks “the beginning of a new era for Rapha in Asia,” the company announced in a statement on Wednesday. The ‘Clubhouse’ concept, which combines...
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On in running for record third quarter
Swiss sportswear company On Holding AG has achieved new record results in the third quarter of the 2025 financial year, exceeding market expectations. Given the strong momentum, management raised its annual forecasts again on Wednesday. Revenue for the period from July to September amounted to 794.4 million Swiss francs. This represents a 24.9...
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Puma streamlines North America distribution through licensing partnership with United Legwear
German sportswear company Puma SE is implementing a new distribution model for specific product categories in North America as part of its ongoing reform efforts. On Tuesday, the company announced an extension of its long-standing licensing partnership with the US textile manufacturer United Legwear Company LLC. As part of the agreement, United...
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The Lycra Company opens second production facility in China
US fibre manufacturer The Lycra Company opened its largest spandex factory in the world in the Chinese city of Yinchuan on Friday. “This milestone underscores the company's continued investment in the Chinese market and highlights its strong commitment to building localised supply and distribution networks, as well as promoting advancements in...
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Footasylum: Mad Agency becomes distribution partner for Germany and Austria
British sportswear retailer Footasylum announced a “strategic partnership” with Cologne-based distribution agency Mad Agency on Monday. The collaboration aims to drive growth in the DACH region, according to a statement. Mad Agency will represent Footasylum's private labels as an “exclusive distribution agency” in Germany and Austria. The...
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Under Armour slips into the red in Q2
US sportswear provider Under Armour Inc. has reported expected revenue declines and losses in the second quarter of the 2025/26 financial year. The latest results, presented by the company on Thursday, were slightly better than management and analysts had previously forecast. In the period from July to September, Under Armour generated revenue...
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