The RealReal Soars with Record Quarterly Revenue and Increased Annual Forecast The luxury resale platform, The RealReal, is making waves in the fashion industry once again as it recently announced record-breaking quarterly revenue. The company’s stellar performance has not only caught the attention of investors but has also solidified its position as a leader in […]
Kenvue Forecasts Annual Profit Below Estimates Amid Strategic Review
Kenvue Forecasts Annual Profit Below Estimates Amid Strategic Review Kenvue, a prominent global health company, has recently announced that its annual profit forecast has fallen below estimates. This news comes despite the company largely meeting quarterly earnings expectations, indicating a potential shift in its financial performance. The discrepancy in projected profits has sparked interest among […]
Does Under Armour Need Kevin Plank?
Does Under Armour Need Kevin Plank? When Under Armour made the surprising announcement that its controversial founder, Kevin Plank, would be returning as CEO, it sent shockwaves through the business world. Investors were left scratching their heads, wondering if this move was the right one for the American sportswear retailer. But why has Plank been […]
On Returns to Profit, Surpasses $1 Billion in Revenue
On Returns to Profit, Surpasses $1 Billion in Revenue In a remarkable turn of events, the fast-growing Swiss running footwear company has not just bounced back from a challenging period but has exceeded all expectations by reporting a net income of CHF 57.7 million ($62.4 million). This impressive figure marks a significant upswing from the […]
At Citi, Unlocking New Growth Strategies for Beauty Brands
At Citi, Unlocking New Growth Strategies for Beauty Brands In the ever-evolving landscape of the beauty industry, staying ahead of the curve is imperative for brands looking to secure their spot in the market. With acquisition opportunities narrowing and market dynamics constantly shifting, it has become increasingly challenging for beauty businesses to find sustainable growth […]
Case Study | The New Rules for Getting Acquired
Case Study | The New Rules for Getting Acquired In the dynamic landscape of start-ups, securing an exit at a desirable valuation has become increasingly challenging in recent years. However, for brands that have cultivated strong growth strategies and amassed loyal followings, the opportunity to be acquired by a larger entity still remains a viable […]
OTB’s Annual Sales Fall 4% Despite Growth at Diesel and Margiela
OTB Struggles with 4% Sales Decline Despite Success Stories at Diesel and Margiela Italian fashion conglomerate OTB, known for its renowned brands such as Diesel, Jil Sander, Maison Margiela, Marni, and Viktor&Rolf, faced a challenging year in 2024. Despite individual success stories within the group, OTB reported a 4.4% decline in turnover, amounting to €1.8 […]
Microsoft faces doubts over AI spending
Microsoft Faces Doubts Over AI Spending Microsoft, a tech behemoth known for its innovative strides in artificial intelligence (AI), is currently under the investor microscope due to mounting doubts surrounding its AI spending. Despite months of fervent promotion of AI-driven growth, the company finds itself grappling with escalating investor skepticism. The crux of the issue […]