For the 15 week period to May 11, 2019, Moss Bros Group Plc said that in spite of a tough trading environment, the group’s overall trading performance continued to show an improvement on prior year. The company said, both full price retail store sales and e-commerce delivered positive progress on last […]

For the period from January 1 to March 31, 2019, Björn Borg AB recorded net sales increase of 11.2 percent to 188.2 million Swedish krona (19.5 million dollars). Excluding currency effects, the company said, sales increased 7.1 percent. “We have never generated more revenue in the year’s first quarter […]

Salvatore Ferragamo S.p.A. has reported revenues of 317 million euros (355 million dollars), up 4.3 percent both at current and constant exchange rates in the first quarter of 2019. The profit before taxes amounted to 15 million euros (16.8 million dollars, up 5.1 percent, with an incidence on revenues […]

Five organizations have published a joint manifesto calling on EU policymakers to establish tools for a circular fashion system, namely Euratex (European Apparel and Textile Confederation), Federation of the European Sporting Goods Industry (FESI), Global Style Agenda (GFA), International Apparel […]

The fashion industry is under enormous pressure to take steps to stem the environmental damage caused by it. Tonnes of used and discarded clothes, shoes and accessories end up in landfills, however, with innovative and creative methods, about 95 percent of this waste could be salvaged, recycled and […]

For the first quarter of 2019, Iconix Brand Group’s total revenue was 35.9 million dollars, a 26 percent decline as compared to the prior year first quarter. The company said, such decline was expected, principally as a result of the transition of Danskin and Mossimo direct to retail licenses in the […]

For its fourth quarter, Ralph Lauren Corporation reported earnings per diluted share of 39 cents on a reported basis and 1.07 dollars on an adjusted basis, compared to 50 cents on a reported and 90 cents on an adjusted basis, for the same quarter of 2018. For Fiscal 2019, the company said, earnings […]

Global sustainability initiative Style for Good, in collaboration with global professional service provider Accenture Strategy, has launched a new report today that for the first time explores the financial viability of circular business models in the fashion industry. “The Future of Circular Style: […]

Total sales at John Lewis for the week to May 11, 2019, rose 0.6 percent, which the company said was driven by strong performance in its shops, particularly with the cool, wet weather at the start of the week. John Lewis said in a statement that fashion sales also increased marginally by 0.2 percent. […]

French luxury conglomerate LVMH has announced a partnership with Unesco’s “Man and Biosphere” (MAB) intergovernmental scientific program, which aims to preserve biodiversity around the world by supporting innovative approaches towards economic development. The program operates works closely with 686 […]

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