For the 24 weeks to March 2, 2019, Primark, part of the diversified group Associated British Foods, reported 4.4 percent rise in sales, ahead of last year, which the company said was driven by increased retail selling space partially offset by a 1.5 percent decline in like-for-like sales. With a much […]

Boohoo Group plc revenue for the year to February 28, 2019, increased by 48 percent or 47 percent CER to 856.9 million pounds (1,107.3 million dollars), driven by strong revenue growth across all territories and brands. The company said, adjusted EBITDA was 84.5 million pounds (109.2 million dollars), […]

eBay Inc. delivered revenue for the quarter ended March 31, 2019 of 2.6 billion dollars, an increase of 2 percent on an as-reported basis and 4 percent on a foreign exchange (FX) neutral basis, which the company said, was primarily driven by gross merchandise volume (GMV) of 22.6 billion dollars, down […]

Cherokee Global Brands, for its fourth quarter and fiscal year ended February 2, 2019, reported revenues of 6.1 million dollars, a decrease of 11 percent, which the company said, largely reflects the expiration or non-renewal of several licensing agreements. These declines were partially offset by revenues […]

According to the latest accounts published by Ermenegildo Zegna Group, its turnover for 2018 of 1.159 billion euros (1.300 billion dollars), rose 0.4 percent at constant exchange rates compared to a drop of 2 percent at current exchange rates. The company said, EBITDA at 143 million euros (160.4 million […]

More and more consumers are demanding fashion companies to be transparent about where and how their clothes are made, as they find transparency is key for a fairer and more sustainable fashion industry. H&M is the latest company to take steps in that direction: the brand’s website now contains extended […]

Rent the Runway, fashion’s latest unicorn valued at 1 billion US dollars in March, is going overseas for the very first time. The American company will be opening an international technology office in Galway, Ireland, in May, with the goal to “tackle core technology challenges that are critical to Rent […]

Famed for luxury red-soled stilettos,French shoe designer Christian Louboutin has taken inspiration for a new sandal from Pakistan's tribal frontier, sparking claims of cultural appropriation along with grins from grizzled Pakistani cobblers. A post on Louboutin's Instagram last month announcing the […]

British Land has announced it is selling 12 Sainsbury’s superstores for a total of 429 million pounds as the property giant continues to reduce its exposure to retail property. British Land announced Tuesday that it is selling the stores to Realty Income Corporation and said its shares of the proceedings […]

New York - Sales of the Chilean women's fashion group Tricot grew 8.4 percent in 2018, reaching 267 million dollars. Revenue has soared in the last year, going from 1.3 million dollars in 2017 to 4 million dollars in 2018. However, Tricot has ended the last fiscal year (closed on December 31, 2018) […]

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