Advertisement

Fashion

As a recent study focusing on product flows and returned apparel revealed, each year European consumers return millions of new products to retailers, which quite often do not see a second owner again.

Prada Group has reported a strong first-half performance for 2024, with an 18% increase in retail sales and a significant rise in EBIT margin to 22.6%.

Mango continues its upward trend of recent years with record-breaking first half financial results. The company closed the first six months of the year with the highest revenue in its 40-year history, in excess of 1.543 billion euros, which represents a 6.3% increase over the same period last year. 

Giny Boer is stepping down from her role as CEO of C&A Europe “in order to focus on future non-executive tasks”, the company’s Supervisory Board announced on Wednesday.

Mango has introduced its first international store dedicated to teenagers in the UK ahead of wider expansion plans for the concept. The opening, is part of Mango’s 2024 to 2026 strategic plan, which aims to reinforce its differentiated value proposition.