German sports giant Adidas raised its outlook for full-year sales and profitability as demand soared in most of the world but took a hit in China where Western brands faced a boycott of their products in late March
British mall operator Hammerson on Thursday reported a 14% rise in half-year profit thanks to a retail recovery following the easing of lockdowns and lower costs, but footfall is yet to rebound to pre-pandemic levels.
Shares in Zalando fell on Thursday after the German online fashion retailer said it had spent more on marketing to keep its customers shopping online as stores reopened due to the easing of coronavirus lockdowns.
In January, the Florentine event organizer is planning to replicate the format it explored in June, hosting its two flagship trade shows, Pitti Uomo and Pitti Bimbo, simultaneously from January 11 to 13, 2022.
Having seen a return to almost normal levels of activity in April, Shanghai's textile and apparel trade shows will hold their next editions, with appropriate health and safety measures, from August 25 to 27.
The fashion trade fair is making its physical comeback in NYC at the end of July, when it will welcome 67 international and domestic companies to its first in-person event since the start of the Covid-19 pandemic.