An online marketplace that combines health and sport brands is being launched in the UK by Decathlon. And the brand has lofty expectations to build the international digital venture into a billion euro-plus business.
The owner of brands including Tommy Hilfiger and Calvin Klein achieved revenue of $2.1 billion in the fourth quarter ended January 31, 2021, representing a year-over-year decrease of 20% from $2.5 billion.
Pentland Brands has relaunched its B2B website with positive results. A combination of rising demand in online shopping and retailers adapting to an unpredictable retail climate has seen over 1,200 join Pentland Connect.
Pentland has named Kev McFadyen as the new global brand director for its Speedo label. He joined the firm two years ago as the brand director for Berghaus, and also has 20+ years of experience with other major brands.
A top apparel industry watchdog has launched an investigation into underwear maker Jockey International's Indian partner Page Industries Ltd following allegations of human rights abuses at one of its factories.
Speedo International will investigate a report of possible human rights violations by its Indian partner Page Industries, which Norway’s wealth fund dropped from its portfolio this week, the UK swimwear maker said.