Business

Superdry confirms proposed restructuring plan, possible delisting on horizon

Amid heightened speculation surrounding its future, Superdry has outlined its proposed restructuring strategy as part of the company’s broader ongoing turnaround plan aimed at delivering a more financially sound operating model. The struggling retailer said that C-Retail Limited, a wholly owned subsidiary of the company which owns the leasehold...

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People

Dr. Martens names new CEO, projects challenging FY25

Dr. Martens expects its FY24 results to be in line with guidance with direct to consumer (DTC) achieving high single-digit growth in the fourth quarter, compared with a 3 percent decline in the previous quarter as a result of good growth across EMEA, a flat outcome in the USA and a very strong result in APAC, led by Japan. However, for FY25, the...

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Business

Gildan outlines strategic priorities, confirms 2024 outlook

Gildan Activewear’s president and CEO, Vince Tyra has unveiled his key strategic priorities for the company. Concurrently, Gildan also reconfirmed its 2024 full year guidance and said that the preliminary first quarter revenue is expected to come in at approximately 695 million dollars or down about 1 percent year over year. Reflecting on his...

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Culture |In Pictures

Umbro celebrates 100 years of sportswear with new exhibition

The Westminster Menswear Archive, part of University of Westminster in London, has opened a new exhibition exploring 100 years of the Manchester-founded brand Umbro, and its influence on British sportswear. The free ‘Umbro 100: Sportswear x Fashion’ exhibition is open until April 28 and features more than 120 archive Umbro styles drawn from the...

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