Business

Castore snaps up heritage label Belstaff to drive global growth

Sportswear brand Castore has announced its intention to acquire Belstaff in a deal that intends to accelerate the joint international growth of both brands. The company said it has agreed to acquire 100 percent of Belstaff’s shares on a debt-free, cash-free basis. Financial terms of the deal were not disclosed. As part of the transaction,...

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Prominence and underwear: PVH's focus for Calvin Klein and Tommy Hilfiger

Calvin Klein and Tommy Hilfiger are to become two of the world's most desirable lifestyle brands. This long-term goal has been set by PVH Corp, the US parent company of the two labels. “The second quarter marked another step on our multi-year journey to unlock the full potential of Calvin Klein and Tommy Hilfiger and to gradually build them into...

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Abercrombie & Fitch: Young Hollister clientele ensures record revenue

Abercrombie & Fitch Co. exceeded expectations in the second quarter of the 2025/26 financial year, achieving another record revenue. The US-based apparel provider increased its revenue by 7 percent year-on-year to 1.2 billion dollars. This made the quarter, which ended on August 2, the eleventh consecutive quarter of growth for the company,...

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Guess? revenues rise as it prepares for go-private deal

Guess?, Inc. has announced a 6 percent increase in revenue to 772.9 million dollars for its second quarter of fiscal year 2026, up from 732.6 million dollars in the same period last year. The revenue rise, driven by strong performance in Europe and North America, comes as the company moves towards a proposed take-private transaction. The Los...

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