The owner of Vans and Timberland announced on Tuesday that it now expects its full-year revenues to total between $11.3 billion and $11.4 billion in fiscal 2020, down from $13.85 billion in the previous year.
As the outbreak continues in China, the American company has announced that it has closed 60% of its stores in the country, but is yet to provide a prediction of the impact the crisis will have on its financial results.
The Denver-based apparel, footwear and accessories company has announced that it has begun a review of alternatives for the occupational portion of its work segment, as it continues with its transformation plans.
FashionNetwork.com visited the European offices of the US sportswear giant to find out about its plans for Europe, where, hit by the ‘yellow vest’ protests in France, it is concentrating on London and Milan.
Following the spin-off of its denim business earlier this year, the Denver, Colorado-based apparel and footwear company has announced a new strategic growth plan, as well as an updated logo and corporate identity.
The North Carolina-based lifestyle group announced on Thursday that it has become a signatory of the Fashion Industry Charter for Climate Change, reinforcing its commitment to climate advocacy and sustainability.
The Greensboro, North Carolina-based apparel and footwear group has announced the release of a presentation providing financial and strategic details about the impending spin-off of its denim business as Kontoor Brands.