In the first quarter of 2019, Hermès Group said that consolidated revenue amounted to 1,610 million euros (1,795.5 million dollars), up 16 percent at current exchange and 12 percent at constant exchange, driven by 13 percent sales growth in the group stores at constant exchange rates. Commenting on […]

To transform the fashion industry, global fashion retailer C&A together with its corporate foundation, the C&A Foundation, launched the Style for Good Centre in Amsterdam two years ago, with the aim of transforming the fashion industry, driving its transition to a circular economy and bringing industry […]

American bridal wear chain David's Bridal will consolidate its design and product development operations. It explained in a statement that its new strategy is decided "in an effort to provide faster delivery of trend-right product to their customers at compelling prices." David's Bridal had filed for […]

Japan's Zozo Inc. is engineering a turnaround plan. After their body-measuring Zozo suit failed to drive sales, and executives came under fire for overly ambitious targets for the product, resulting in it being phased out entirely, Zozo is going through a rebirth of sorts. While the Zozo suit wasn't […]

ANALYSIS New York – British online fashion firm Boohoo (BOO.L) reported a better-than-expected jump in profit and revenue for its year to mid-February, sending its stock soaring as much as 5 percent on the London Stock Exchange. As a result, the retailer’s market valuation rose to 2.65 billion pounds. […]

Superdry’s returning founder and interim chief executive Julian Dunkerton has decided to stop selling childrenswear and pull out of a footwear licensing deal with Pentland Group, making a U-turn in the decisions made by his predecessor Euan Sutherland, the Sunday Times reports. According to the newspaper, […]

Building upon a year of growth in 2018, Lululemon Athletica has announced a growth strategy for the next five years. Along with a plan to double men’s and digital revenues and quadruple international revenues, other key financial drivers of the company’s “Power of Three” strategic plan include total […]

Total sales at John Lewis for the week to April 20, 2019, were up 10.1 percent, as the company said in a statement, customers enjoyed shopping Easter promotions earlier in the week. However, John Lewis added that warm weather over the weekend impacted sales, when compared to the same Easter weekend […]

Reiss Holdings Ltd, for the 52 week period ending February 2, 2019, said, total sales increased 8.3 percent to 186.3 million pounds (241 million dollars). Adjusting for the 53rd week in 2017, the company said, sales growth in 2018 was 10.1 percent. EBITDA increased 21.3 percent to 19.3 million pounds […]

Source: Interfiliere

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