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Apparel/Garments

Prime Content | 
Global apparel companies report mixed performance in Q2 FY24

24 Dec '23
5 min read
Pic: Heorshe - stock.adobe.com
Pic: Heorshe - stock.adobe.com

Insights

  • In the second quarter of FY24, three global apparel firms reported mixed results.
  • Ralph Lauren saw moderate growth with revenues increasing by 3 per cent and Gunze's sales dipped by 5.7 per cent, though profits grew.
  • Conversely, Goldwin reported strong performance, with both sales and profits up, driven by high demand and improved efficiency.
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