Board of directors of Chico's FAS, Inc. has declared a quarterly cash dividend of 0.085 dollar per share, a 3 percent increase over the dividend rate from December 2017, payable on December 21, 2018 to shareholders of record at the close of business on December 10, 2018. As of August 4, 2018, the company, […]

The merger of the two largest department stores in Germany, Kaufhof and Karstadt, has been approved by The Federal Cartel Office, Germany's national competition regulator, after the office decided that there were no competition concerns in light of the growing importance of online commerce for consumers. […]

Leading global platform for luxury fashion, Farfetch Limited said that Farfetch Marketplace continued to increase its share in the online personal luxury market, and all three geographic regions – Americas, EMEA and APAC – posted their best ever Q3 in terms of GMV. Gross merchandise value increased […]

In the first nine months, Aeffe SpA recorded a 35.1 percent increase in profits, reports WWD quoting figures released by the company. Earnings during the period under review reached 16.1 million euros (18.2 million dollars), compared with 11.9 million euros (13.4 million dollars) in the same period […]

In the six month period, sales at Compagnie Financière Richemont SA increased by 21 percent at actual exchange rates and by 24 percent at constant exchange rates to 6,808 million euros (7,723 million dollars). Excluding YNAP and Watchfinder, the company said, sales for the period increased by 8 percent […]

GAEBB Group, BV, a joint venture between Bebe Stores, Inc. and Great American Group, LLC has announced the acquisition of European fashion retailer Charles Vögele GmbH. The company said in a statement that GAEBB has purchased substantially all common stock and assets, including remaining store inventory […]

As of September 30, 2018, Salvatore Ferragamo S.p.A. reported total revenues of 972 million euros (1,103 million dollars), down 3.3 percent at current exchange and 1.6 percent at constant exchange rates. In the third quarter, the company’s total revenues reached 298 million euros (338 million dollars), […]

L Brands, Inc. has reported net sales of 860.5 million dollars for the four weeks ended November 3, 2018, an increase of 8 percent, , while comparable sales increased 4 percent. The company said, it expects adjusted third quarter earnings per share to be approximately 0.15 dollar, compared to its previous […]

The Cato Corporation reported sales for the four weeks ended November 3, 2018 of 62.1 million dollars, flat compared to sales of 62.3 million dollars for the four week period ended October 28, 2017. Same-store sales for the month decreased 1 percent. "October same-store sales were below our expectations," […]

Crocs, Inc. for its third quarter reported revenues of 261.1 million dollars, a 7.3 percent or 9.3 percent increase on a constant currency basis. The company said, this growth was achieved despite the loss of approximately 15 million dollars due to operating fewer stores and business model changes. […]

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