Global fashion companies report mixed results in FY23

Fashion




Amazon reported robust performance in Q4 and FY23, with net sales reaching $170 billion in Q4 (up 14 per cent YoY) and $574.8 billion for FY23 (up 12 per cent YoY).
Operating income for FY23 surged to $36.9 billion.
In contrast, Aeffe Group saw a 9.5 per cent decline in 2023 revenue, totalling €319 million, due to decreases in pret-a-porter and footwear.



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