All Shoe Intelligence articles in Volume 25, Issue 7+8 – Page 6
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ArticleCoats’ Apparel & Footwear sales up organic 9% in 2022
In 2022, Coats’ revenues rose by a reported 9 percent to $1.548 billion. On a constant currency basis, the top line was 16 percent higher and organic growth reached 10 percent, ahead of a targeted medium-term growth of about 6 percent. The Apparel & Footwear (A&F) dvisision saw full-year organic ...
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News briefs
Gap France goes into receivership
Wilsam, the company that manages 20 franchised Gap stores in France, has been placed under controlled administration, or receivership, according to a Grenoble-based commercial court. The decision was made following a request made by the company’s manager Patrick Puy as well as by the prosecutor’s office, said the deputy prosecutor, ...
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News briefs
LVMH launches €1.5bn share buyback
LVMH has begun a €1.5 billion share buyback program. In a statement, the French luxury goods group said it has entrusted an investment service provider with a mandate for the acquisition of up to €1.5 billion of its own shares over a period beginning March 1 and ending on or ...
