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) […]

New York –Czech shoe stores chain Bata is bidding strongly on Colombia’s growth with a 5 million dollars investment. The funding will be dedicated to boosting its presence in the country over the next year. Justo Fuentes, president of the Czech footwear company in Latin America explained in a recent […]

Destination Maternity Corporation, for the fourth quarter ended February 2, 2019 reported net loss of 6.4 million dollars or 46 cents per diluted share compared to 10.2 million dollars or 73 cents per diluted share, for the fourth quarter of fiscal 2017. Net loss for fiscal 2018 was 14.3 million dollars […]

Sales at Skechers USA Inc., grew 2.1 percent or 5.2 percent at constant currency to 1.276 billion dollars for the first quarter, which the company said was a result of a 9.3 percent increase in its international business, partially offset by a 6.3 percent decrease in the domestic business. Comparable […]

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