Global Brands Group news and archive

Global Brands Group H1 sales decline by 46 percent

Global Brands Group Holding Limited, during the six months to September 30, 2020 saw the closure of retail stores in global markets, which the company said, affected customers, retailers, and brand owners as social distancing restrictions were implemented around the world due to the Covid-19 pandemic. As a result of which, the group’s revenue...

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Global Brands Group H1 revenues decline but EBITDA improves

Global Brands Group Holding Limited, for the six months ended September 30, 2019, reported revenue decline of 5.2 percent compared to the same period last year. The company said in a statement that the group’s total margin increased 600 basis points, from 27.2 percent to 33.4 percent, as a percentage of revenue due to reduction of off-price...

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Global Brands Group appoints Eno Polo as president of Europe

Eno Polo has been named president of Europe for Global Brands Group, a leading branded apparel, footwear and brand management company. Polo had previously served as the company's executive vice president for a year before moving to Alpargatas S.A., where he has held the role of president of North America since 2017. Polo is a highly respected...

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Global Brands Group cuts losses, revenue improves 4.6 percent

Global Brands Group Holding Limited, announcing its results for the 12-months ended March 31, 2019 said that revenue of the group’s continuing operations decreased by 4.6 percent compared to last year, primarily due to eliminating unprofitable businesses. While net loss of the continuing operations increased to 250 million dollars, net loss...