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Global fashion industry sees mixed results for H1 & Q2 FY24

26 Sep '24
10 min read
Global fashion industry sees mixed results for H1 & Q2 FY24
Global fashion industry sees mixed results for H1 & Q2 FY24

Insights

  • For the period ending June 30, 2024, fashion and e-commerce companies showed mixed performances.
  • Out of seven companies, four saw strong growth in both sales and profits, with Amazon, Delta Galil, and Zalando standing out.
  • One company, Hanesbrands, had moderate growth in either sales or profits.
  • Two firms, Aeffe Spa and Qurate Retail, posted weaker results with no growth in sales or profits.

The fashion and e-commerce companies collectively showed a strong performance for the period ending June **, ****, which marks the conclusion of the second quarter (Q*) and the first half (H*) of the fiscal **** (FY**), spanning January to December ****. Out of the seven companies reported, including two fashion e-commerce companies, four delivered strong performance, one saw moderate performance, and two experienced weak performance. The overall results reflect a positive trend in the fashion sector for the period.

Strong: Growth in Both Sales & Profits

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