Safilo's performance improved in the first quarter, despite weather that was not very conducive to sunglass sales in many of its key markets. But while Europe and Asia were strong, North America remains a problem.
Superdry powered ahead again in its latest year but Q4 proved challenging on the store front as snow kept shoppers at home. Yet the company remains in robust good health with more strong growth forecast this year.
Italian luxury group Tod’s like-for-like sales should improve in the second quarter of the year and turn positive starting from the second half, its Chief Financial Officer Emilio Macellari said on Wednesday.
It looks like times were tough for Japanese sports giant Asics during Q1 as the company’s consolidated net sales and profits were down. But at least the percentage profits fall was less than the sales drop.
The revenue of Lenzing Group in the first quarter of fiscal 2018 decreased 6.1 per cent, from the prior-year quarter to €550.3 million. This drop is mainly attributable to less favourable currency exchange rates.