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Mixed Performance in 2024 Fashion Retail: Levi's, H&M Lead Growth

Insights

• 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.