London - Abercrombie & Fitch Co. is not ready to throw in the towel just yet - in fact, just the opposite. The US fashion retailer has set its sights on growing into a 5 billion dollar global lifestyle brand over the next few years, despite shrinking the number of its stores. During its annual investor […]

In the first quarter of 2018, consolidated sales at SMCP owner of Sandro, Maje and Claudie Pierlot reached 252 million euros (306.9 million dollars), up 15.8 percent at constant currency. The company said, reported sales were up 11.9 percent, including a negative 3.9pts impact of exchange rates, mainly […]

N Brown Group has partnered with Global Style Group (GFG), owner of fashion platforms Lamoda and The Iconic. The company said, Lamoda will feature a capsule collection from Simply Be’s A/W18 range, providing reach across multiple cities in Russia and CIS (Commonwealth of Independent States). Meanwhile […]

N Brown Group revenue for the year ended March 3, 2018 was up 3.9 percent to 922.2 million pounds (1,285.8 million dollars), with product revenue up 4.1 percent and financial services revenue up 3.5 percent. While Simply Be revenues were up 16.3 percent, relaunched JD Williams brand at the start of […]

For the first quarter ended March 31, 2018, Kinnevik reported net asset value of 93.3 billion Swedish krona (10.9 billion dollars) or 339 Swedish krona per share (39.6 dollars), up 2.7 billion Swedish krona (0.3 billion dollars) or 3 percent during the quarter, led by 1.6 billion Swedish krona (0.19 […]

eBay Inc reported revenues of 2.6 billion dollars, up 12 percent on an as-reported basis and 7 percent on FX neutral basis for the quarter ended March 31, 2018, which the company said were driven by GMV of 23.6 billion dollars, up 13 percent on as-reported and 7 percent on an FX-neutral basis. During […]

London - The John Lewis Partnership is set to expand its retail tech accelerator programme JLAB this year to include a number of new activities, set to launch throughout 2018. For the first time in its five year history, JLAB will run throughout the year, instead of just for a period of 12 weeks. In […]

London - C.banner International, the Chinese owner of Hamleys Toy chain, is said to be in discussion to acquire a stake in department store group House of Fraser according to a report. A statement released onto the Hong Kong Stock Exchange on April 24 said that C.banner entered into a memorandum of […]

Perry Ellis International, Inc. has entered into a license agreement with Rosega S.A. to design and distribute men’s dress shirts under the Manhattan trademark in Argentina. The company said that the collection will be distributed in department and specialty stores with a product launch planned in the […]

London - Yoox Net-A-Porter Group has been named among the Top 50 Employers for Women 2018 list by The Times, in recognition of its commitment to empowering women and breaking gender equality limitations within the technical sphere. The unranked and alphabetical list acknowledges UK employers which are […]

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