First half full price sales at Next, the company said, were up 4.5 percent on last year, while sales including markdown were up 3.9 percent to 1,939.4 million pounds (2,543.6 million dollars). 4.5 percent rise in sales, the company said was ahead of the 1 percent guidance given in January and the 2.2 […]

Ascena Retail Group, Inc. for its fourth quarter, reported adjusted earnings of 0.07 dollar per diluted share compared to 0.05 dollar per diluted share in the year-ago period. Adjusted earnings for full year were a loss of 0.02 dollar per diluted share compared to adjusted earnings of 0.22 dollar per […]

Sales growth has been slugglish for Parisian handbag maker Longchamp, but they have a plan in mind to turn that around. The company is setting their sights on China and the U.S. to boost sales, with a focus set on celebrity endorsements and online platforms. Longchamp, one of the last remaining independent […]

Marchon Eyewear, Inc., a manufacturer and distributor of quality eyewear and sunwear, and Cutler and Gross Ltd., the British eyewear brand, have announced that they have entered into a long-term exclusive agreement for the distribution of Cutler and Gross sun and optical eyewear throughout the United […]

INTERVIEW The Woolmark Company won't rest in its aim to expand the popularization of wool despite the fabric's trade price reaching a record high this year. In its most recent campaign launched in September the company promoting Australian wool products, advertises wool as a performance fibre, an area […]

Animal rights organization PETA announced the purchase of Farfetch sales, after the British luxury marketplace became a publicly traded company on the New York Stock Exchange last Friday. The move will allow PETA to attend Farfetch’s annual meetings, during which the organization aims to push the company […]

Michael Kors Holdings is buying Gianni Versace SpA (Versace) for 2 billion US dollars (1.52 billion pounds), according to news agencies Reuters and Bloomberg, which cite people familiar with the matter. The sources added that an official announcement would be made later this week. Neither Versace nor […]

The sale of Italian fashion house Versace could be announced “within hours”, according to the Italian newspaper Corriere della Sera, which cites unnamed sources close to the company. The newspaper said Donatella Versace, the company’s vice-president and artistic director, has called a staff meeting […]

Benelux fashion group FNG, for the first six months of 2018 realised revenue of 251.1 million euros (294.8 million dollars) and an REBITDA of 25.1 million euros (29.4 million dollars), an increase of 10 percent and 30.2 percent respectively. Commenting on the company’s first half performance, Dieter […]

For the six months to June 30, 2018, Bagir reported revenues of 24.8 million dollars compared to 28.1 million dollars same period last year. The company said, higher production costs in the first half affected gross margin and profitability. The company posted adjusted EBITDA loss of 1.7 million dollars […]

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