April 08, 2022 Industry Profits Jump 16% on 10% Top Line Growth
Revenue and earnings gains were very strong in the final quarter of 2021, improving double digits against 2020’s Q4 when the recovery from pandemic losses was well underway, but the pace of growth continues to slow sequentially. Designer Brands Maps Future Growth Plans
The DSW parent laid the path to 25% top line growth through a new five-year plan during its 2022 Investor Day, as it leans into its owned brands – changing from “retailer to brand builder” – while maintaining national brand sales through what it deems an industry-first supply chain integration with key brand partners. Beyond Yoga Q1 Sales Hit $26 Million
Levi-Strauss said the yoga brand that it acquired from founder Michelle Wahler last year is exceeding expectations, and integration of the business into LEVI is proceeding well. Etcetera: Fabletics, Progression Brands Group, Rally House, Ashaway Line & Twine
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