In the fourth quarter of fiscal 2019, the revenue of Nike improved to $10.2 billion, up 4 per cent on a reported basis and up 10 per cent on a currency-neutral basis. Full year revenue rose to $39.1 billion, up 7 per cent on a reported basis,...
Sports Company Puma has committed for a 35 per cent reduction of its greenhouse gas emissions by 2030, a target which was approved by the Science Based Target initiative (SBTi). Reducing greenhouse gas emissions sufficiently to meet the goals of the Paris Agreement, Puma aims to limit...
The American Apparel & Footwear Association (AAFA) recently sent letters to Bangladesh Prime Minister Sheikh Hasina Wazed and its main garment trade association expressing concern over criminal charges against labour leaders, mass firing of workers and the future of worker safety. The letter urged Dhaka to withdraw...
Bata India, the leading footwear retailer, reported ₹6,794 million in net sales for Q4 2019, closing 7.4 per cent over corresponding quarter riding on growth from retail channel. This was weakened by a below expectation performance by e-commerce channel due to changed legislation for the industry and...