Online retailer Amazon has come under criticism because of its disposal of returned and unsold items. According to reports by German public-service television broadcaster ZDF and German business weekly Wirtschaftswoche on Friday, in the German warehouses of the US company, large volume of goods are […]

Christian Louboutin got a dividend of 3 million pounds (3.9 million dollars) from its UK business in 2017 despite flat sales and falling profits. According to the accounts filed with the Companies House UK, for the year ending August 31, 2018, Christian Louboutin UK Limited, reported a moderate rise […]

Naked Brand Group Inc. and Bendon Limited have completed their previously announced business combination. The company said that the merger agreement was approved by the company’s stockholders on June 11, 2018. Commenting on the development, Carole Hochman, Holdco’s newly appointed Executive Chairman […]

OVS Spa in its first quarter statement sales that sales grew by 2 percent, excluding the sell-in to Sempione Style Group and despite a significant market contraction that affected the European and the domestic markets (a cumulative -5.1 percent during the February-April period). During the period, […]

Italy’s Ferragamo family, which controls the Salvatore Ferragamo group is planning to sell a 3.5 percent stake in the company through an accelerated book building (ABB), reports Reuters. Through its holding Ferragamo Finanziaria, the family owns 57.76 percent of the firm, however total family members […]

Water and snow samples collected in a recent Greenpeace expedition to the Antarctic have revealed the presence of microplastics and persistent chemicals. Their findings confirm that plastic can be found even in the most remote areas of the planet. The extensive use of polyester in the fashion industry […]

Total sales at John Lewis for the week ending June 16, 2018, were up 5.7 percent on the same week last year. The company said, sales benefited from customers buying Father’s Day gifts and offers. Style, John Lewis, added, had a very strong week with sales up 10.9 percent. Womenswear saw sales grow […]

Footasylum revenue increased 33 percent in FY18 to 194.8 million pounds (256.7 million dollars), reflecting growth in all product categories across the company's multiple channels, from further store roll out, increasing volumes of online traffic and the launch of the company's wholesale business. While […]

Debenhams Plc, in its financial update for the 15 weeks and 41 weeks to June 15, 2018 said group gross transaction value declined 1.5 percent and 1.6 percent respectively. Group like-for-like sales for the 15 weeks dropped 1.7 percent and were down 2.1 percent in the 41 weeks, while in constant currency […]

Reporting its preliminary results for the 52 week period ended March 31, 2018, Bonmarché said, the group's profit before tax was 8 million pounds (10.5 million dollars), a 1.7 million pounds (2.2 million dollars) or 27 percent increase on the FY17 underlying PBT of 6.3 million pounds (8.3 million dollars). […]

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