Brands Archives - Verdict Retail
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Brands

Adidas records 27% growth in first-quarter revenues

Adidas' direct-to-consumer (DTC) revenues and e-commerce sales primarily contributed to this growth, with e-commerce sales rising by 43%. The revenue growth was strongest in terms of worldwide footwear sales, which…

Gap to sell Intermix to Altamont Capital Partners

Multinational clothing retailer Gap has agreed to divest its omnichannel fashion boutique Intermix to private equity firm Altamont Capital Partners. The financial terms of the deal have not been disclosed.…