Amazon reported strong performance in Q4 and FY23, with net sales reaching $170 billion in Q4 (up 14 percent year-over-year) and $574.8 billion for the year Fiscal 23 (up 12 percent year-on-year). Operating income for FY23 increased to $36.9 billion. By contrast, the Aeffe Group saw a 9.5 percent drop in revenue in 2023, totaling €319 million, due to declines in ready-to-wear and footwear.
Global fashion companies report mixed results in FY23
