UK’s small and mid-sized fashion firms generated £479,943 (~$643,000) in sales in the second quarter (Q2) of fiscal 2025 (FY25), a 109.28 per cent jump on the same period last year but 18.89 per cent drop on the previous quarter, according to a latest report from inventory management specialist Unleashed. UK fashion manufacturers are responding...
German luxury e-commerce group LuxExperience BV has reported strong fourth quarter (Q4) of fiscal 2025 (FY25) results for its Mytheresa business, with net sales rising 11.5 per cent year-over-year (YoY) to €248.9 million (~$291.2 million), supported by gross merchandise value (GMV) growth of 11.1 per cent to €265.9 million. The gross profit margin expanded to...