Canadian athletic apparel maker Lululemon said on Thursday its Q3 revenue for 2018 increased by 21 percent or 22 percent on constant currency basis, while total comparable sales rose 17 percent or 18 percent on constant dollar basis. Net income increased by 59.3 percent from the same period last year. […]

L Brands, Inc. reported net sales of 1.596 billion dollars for the four weeks ended December 1, 2018, compared to net sales of 1.267 billion dollars for the four weeks ended November 25, 2017. Comparable sales for the period increased 9 percent. The company’s net sales for the 43 weeks were 9.980 billion […]

The Cato Corporation said that its sales for the four weeks ended December 1, 2018 of 59.4 million dollars, were down 4 percent, while same-store sales for the month decreased 6 percent. "November same-store sales were disappointing and below our expectations," said John Cato, the company’s Chairman, […]

Lands' End, Inc. reported net revenue for the third quarter increased by 4.9 percent to 341.6 million dollars from 325.5 million dollars in the third quarter last year. Same store sales increased by 11.8 percent overall, with US company operated stores increasing by 15.1 percent and same store sales […]

VF Corporation has announced that Kontoor Brands, Inc. will be the name of the independent, publicly traded company that will result from its previously announced separation of VF’s Jeanswear organization. “This is an exciting next step in our work to establish our jeanswear organization as an independent, […]

Marquee Brands has added a new brand to its portfolio. The company, which owns the labels BCBGMaxAzria, Ben Sherman, BCBGeneration, Bruno Magli and Body Glove, has announced the acquisition of outdoor lifestyle brand Dakine and all related intellectual property. Investment management firm Neuberger […]

IC Group A/S has said in a statement that the company has divested all of its 51 percent stake in Designers Remix A/S to Hesselbjerg Holding A/S, which is controlled by Niels and Charlotte Eskildsen. For the financial year 2018/19, IC Group expects a flat revenue development from the continuing operations […]

Ted Baker has announced a 0.2 percent or 0.4 percent constant currency decrease in group revenue for the 16 week period from August 11, 2018 to December 1, 2018, compared to the same period last year. Meanwhile, the company said that it has appointed Herbert Smith Freehills LLP, an independent law firm, […]

New York - The private fashion sales website has announced the launch of a share capital increase by way of an offering of new shares of the company with shareholders’ preferential subscription rights for a gross amount of approximately 40 million euro. The fashion e-tailer has further explained that […]

CEO INTERVIEW Struggling fashion retailer Esprit has unveiled an ambitious plan to counter years of revenue decline last week. But will it succeed in finding a new place on the market, after what the company itself defined as years of “brand inconsistency”? Chief Executive Officer Anders Kristiansen, […]

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