The company remains “laser focused” on improving the profitability of its Americas retail business.
The Calvin Klein and Tommy Hilfiger operator took it as a sign to increase its full-year guidance.
The company posted its 10th consecutive quarter of comps gains.
Sports Direct has commercial partnerships with the retailer.
The business’ consumer segment is still struggling.
The company is using the funds to fuel international growth.
The company’s recent deals include P&G’s specialty beauty portfolio, Ghd, Younique and the Burberry fragrance license.
Fashion and retail are using new and old ideas to secure financing.