Flash News

Adidas

Adidas strikes a deal selling Reebok to Authentic Brands ...

Adidas AG has agreed to sell Reebok to Authentic Brands Group for up to about $2.5 billion, roughly 15 years after acquiring the fitness brand.

Burberry

Burberry's non-fungible token (NFT) collection sold out i...

The NFT collection by Burberry was launched on Mythical Games' flagship game Blankos Block. It was sold out within 30 seconds.

Giorgio Armani

Italy goes to Olympics in tracksuits designed by Armani

The Italian team represented their country in Tokyo for the Olympic and Paralympic Games dressed in tracksuits and jerseys designed by Giorgio Armani

Birkenstock

Birkenstock managed to make 2020 one of its best years cl...

Birkenstock ended 2020 on a great note closing with their annual income being US$75m. Birkenstock Arizona was the most searched shoe in the world during the second quarter of this year, with a 225% increase in online queries and ...

Erke

ERKE is on the list of 2021 China 500 most valuable brand...

Chinese sports brand Erke made it to China 500 most valuable brand list in 2021. They announced that they would donate 50 million yuan ($7.7 million) in supplies for Covid relief and their sales immediately sky rocketed up to 52 ...

New Balance

New Balance closes 2019 with revenue worth $4B

Sportswear brand New Balance ends the fiscal year 2019 with sales worth 4 billion dollars.

Zara

In 2021, Zara brand value is at approximately 13.2 billio...

Zara brand valuation was around 18.4 billion U.S. dollars in 2019.

Reebok

Reebok net sales amounts to 1.41 billion euros in 2020

In 2020, Boston-based sportswear brand Reebok net sales amounted to about 1.41 billion euros.Reebok

Versace

Versace global revenue dips to 718 million U.S. dollars

With the fiscal year ending on March 27, 2021, Versace closed their global revenues of 718 million U.S. dollars. The luxury brands global revenue in 2020 came up to 843 million U.S dollars

Tommy Hilfiger

Global retail sales of Tommy Hilfiger were US $6.9 billio...

In 2020 American brand Tommy Hilfiger global sales amounted to US $6.9 billion

Aldo

ALDO pulled in an estimated $200.5m in sales in 2020

Global sales of ALDO estimated to be around $200.5m in sales in 2020

TOMS

Toms generated revenue of more than $200 million in 2020,...

Toms generated revenue of more than $200 million last year, down from almost $300 million in 2019. One positive is that the brand’s e-commerce unit had its biggest revenue year ever.

Supreme

Supreme sold to VF Corp. in $2.1 Billion Deal

Supreme streetwear brand was sold to the parent company of Vans and Timberland in a deal that was valued at roughly $2.1 billion.

Emilio Pucci

Emilio Pucci's annual revenue rounds up to $42.30 million...

Italian Luxury brand Emilio Pucciannual revenue comes up to $42.30 million USD in 2019

SUITSUPPLY

Suitsupply and Baldwin Denim

Suitsupply is joining hands with Baldwin Denim to launch a collection of casual wear with a sophisticated look.

Diesel

Maison Margiela's revenue rose by 20% in 2021

OTB Group that owns brands such as Diesel and Marni, saw an overall consolidated turnover fall by 14 per cent in 2020 to €1.3 billion ($1.6 billion) but the revenue at Maison Margiela saw a growth of 20%