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Prime Content | 
Global fashion giants report varied economic outcomes by February 2024

11 May '24
7 min read
Global fashion giants report varied economic outcomes by February 2024
Pic: JHVEPhoto - stock.adobe.com

Insights

  • In fiscal 2024, Japanese fashion companies Adastria and Onward Holdings, along with Brazilian Arezzo, reported significant growth in sales and profits.
  • Adastria saw notable increases across its various markets in Asia.
  • Conversely, Swedish brand H&M experienced a sales dip, whereas American company Levi Strauss & Co faced a decline in both sales and profits.
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