Mixed Performance in 2024 Fashion Retail: Levi’s, H&M Lead Growth
Levi’s and H&M posted strong growth in both sales and profits, while VF Corp and Marimekko saw gains in either category. However, Aeffe, Hanesbrands, and QVC Group reported weak performances, with declining revenues and profits. Tariff concerns, rising costs, and shifting consumer demand have shaped the outlook, with companies adjusting forecasts to navigate economic uncertainties.
Levi’s and H&M posted strong growth in both sales and profits, while VF Corp and Marimekko saw gains in either category.
However, Aeffe, Hanesbrands, and QVC Group reported weak performances, with declining revenues and profits.
Tariff concerns, rising costs, and shifting consumer demand have shaped the outlook, with companies adjusting forecasts to navigate economic uncertainties.
