Global fashion companies report mixed results in FY23

Global fashion companies report mixed results in FY23

Fashion



Global fashion companies report mixed results in FY23
Amazon reported robust performance in Q4 and FY23, with net sales reaching $170 billion in Q4 (up 14 per cent YoY) and $574.8 billion for FY23 (up 12 per cent YoY).
Operating income for FY23 surged to $36.9 billion.
In contrast, Aeffe Group saw a 9.5 per cent decline in 2023 revenue, totalling €319 million, due to decreases in pret-a-porter and footwear.



View Original Source Here

Articles You May Like

US’ Ralph Lauren announces strategic leadership changes
Stranger Things’ Joe Keery Announces New Djo Album, Shares New Song: Listen
The Roots’ Questlove Shares Trailers for New Sly Stone and Saturday Night Live Documentaries: Watch
Isabelle Fuhrman Starring in ‘Die by Night’ Featuring Monsters from ‘Smile 2’ Creature Designer
The Cool Awards Distinction Colman Domingo Now Shares With Denzel Washington