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.



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