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24 May

Intercos Group Secures Financing for ESG Targets

Intercos Group Secures Financing for ESG Targets
MILAN — Intercos Group has signed an agreement with Italian bank Intesa Sanpaolo for a 30-million-euro financing to support the achievement of its ESG targets. The sustainability-linked revolving facility agreement will expire on Dec. 31, 2024. The environmental, social and governance targets identified by the corporate include renewable energy consumption, the acquisition of micas minerals — which in cosmetics and skincare are used so as to add shimmery and glowy effects — through sustainable sources and the further improvement of the ESG rating assigned to the group by EcoVadis Sas, a specialist in assessing the sustainability and CSR performance of firms. Intercos Group’s latest EcoVadis rating, released in March, was 72 out of 100, which earned the corporate a gold medal for the...
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23 Dec

Goal’s Plans for Diversity, Equity and Inclusion – WWD

Goal’s Plans for Diversity, Equity and Inclusion – WWD
Goal is working to create advancement in diversity, equity and inclusion in partnership with brands to permit for a purpose-driven culture, said Cassandra Jones, senior vp for merch essentials and wonder at Goal Corp., through the WWD Beauty CEO Summit. “This experience starts with our core value of inclusivity,” she went on. “We amplify diverse voices, create equitable experience, grounded in authenticity and respect. This encompasses our every day commitment to supporting diverse brands in each aspect of our business. From investing in underrepresented entrepreneurs, to our accelerator programs, our brand launches, increasing visibility using our marketing efforts, all of us have the chance to create real change through guest experience…and the product assortment must proceed to evolve so that each...
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16 Aug

Goal’s Discretionary Pullback Results in Profit Gains, But Outlook Cut

Goal’s Discretionary Pullback Results in Profit Gains, But Outlook Cut
Goal Corp. turned in a really profitable second quarter and simply topped bottom line expectations, after cutting inventory and pulling back on discretionary categories like apparel.  But a cautious consumer and sales weakness is anticipated to catch as much as the retailer, which also cut its outlook for the yr. Net income for the quarter shot up greater than 4 times to $835 million, or $1.80 a diluted share, from $183 million, or 39 cents, a yr earlier.  Earnings per share got here in 37 cents ahead of the $1.43 analysts expected, in keeping with FactSet. Still revenues for the three months ended July 29 fell 4.9 percent to $24.8 billion from $26 billion. And comparable sales dropped 5.4 percent with growth within the...
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10 Jul

Goal’s Circle Week 2023 Features So Many Beauty Deals

Goal’s Circle Week 2023 Features So Many Beauty Deals
Unless you are living under a rock, you may know that this week is major for beauty deals. We've got Amazon Prime Day coming in hot, and the way could anyone forget Nordstrom's massive luxury sale. But those aren't the one retailers giving shoppers money off of their favorite products. Certainly one of our favourite one-stop shops, Goal, is having major markdowns you do not need to miss. The mega-retailer is celebrating its first-ever Circle Week sale starting July 9 through 15. What does this mean? Well, it's mainly Black Friday in July. Not only will shoppers have access to purchase one, get one deal across the location, but you may also nab a $10 Goal gift card with...
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