New York - Bandier, an activewear retailer, has secured 34.4 million dollars in funding. Investors included C Ventures and Eurazeo Brands, which is investing in the company for the third time and taking a minority stake in Bandier. Eurazeo Brands is investing 25 million dollars in Bandier, in partnership […]

New York - The US-based fast fashion chain is reported to be leaving Taiwan after closing its last store in the country. United States-based fast-fashion retailer Forever 21 will close its last remaining store in Taiwan before the end of the month, reports shared by ‘Taiwan News’ said on Friday. Forever […]

The board of directors of the Cato Corporation has declared a regular quarterly dividend of 33 cents per share payable on March 26, 2019 to shareholders of record on March 11, 2019. The 33 cents dividend or 1.32 dollars on an annualized basis, the company said in a statement, represents an annualized […]

Paris-based fashion, music and lifestyle brand Maison Kitsuné has announced a joint venture with JoeOne in China, as it looks to expand its global reach and add 50 points of sales in the next five years in the region. The news follows the multi-faceted Paris-meets-Tokyo brand’s strategic announcement […]

Consolidated revenues at Moncler S.p.A., in 2018 reached 1,420.1 million euros (1,614.6 million dollars), an increase of 22 percent at constant exchange and of 19 percent at current exchange rates. The company said, strong growth continued also in Q4 2018, with revenues rising by 20 percent both at […]

Dillard’s, Inc. has declared a cash dividend of 10 cents per share on the Class A and Class B common stock of the company payable May 6, 2019 to shareholders of record as of March 29, 2019. In its recent update on full year performance, the company reported net income of 170.3 million dollars or 6.23 […]

The Calida Group recorded consolidated net sales increase in the reporting year of 7.6 percent from to 409.5 million Swiss francs (410 million dollars), while adjusted for exchange rate effects, the increase came to 4.1 percent. Net income increased 5.3 percent on the prior year to 17.8 million Swiss […]

Nordstrom, Inc. has reported earnings per diluted share for the fourth quarter ended February 2, 2019 of 1.48 dollars, which its said were in-line with the company’s updated expectations provided in its holiday sales release on January 15, 2019. Net sales decreased 4.7 percent, or increased 0.1 percent […]

Along with its results for the fourth quarter and fiscal 2018, Gap Inc. announced plans to separate into two publicly traded companies: Old Navy, and a yet-to-be-named company, which will consist Gap brand, Athleta, Banana Republic, Intermix and Hill City. The company also announced that as a part of […]

Farfetch Limited, for its fourth quarter, reported GMV increase of 155.8 million dollars to 466.5 million dollars, representing year-over-year growth of 50.1 percent, while platform GMV increased by 155.2 million dollars to 462.2 million dollars, representing growth of 50.6 percent. Revenue for the […]

Related news