Cheap, Chinese-made nylon burkas are flooding Afghanistan's north as consumers turn to affordable, mass-produced fabrics -- but in Kabul a small, determined fashion house is fighting to preserve the traditional textiles once integral to Afghan culture. Launched in 2006, "Zarif" -- "precious" in Persian […]

For the first time since its inception in 2005, the sustainable cotton initiative Cotton made in Africa (CmiA) cooperates with more than one million cotton farmers, 17 percent of whom are women. In 2017, a record sum of 90 million textiles bore the CmiA quality label. This was announced by the initiative […]

ANALYSIS Japanese fashion retailer Fast Retailing Group saw its profit soar 30.5 per cent in the six months to the end of February. Over the period sales went up by 16.6 percent. The parent group of Uniqlo and GU brands said consolidated revenue totalled 11.05 billion dollars while operating profit […]

Market analysts have projected quarterly sales of up to 121.45 million dollars for Tilly’s. It’s worth recalling that Tilly's reported sales of 120.95 million dollars during the same quarter last year, which would suggest a positive year-over-year growth rate of 0.4 percent. Tilly's Inc (NYSE:TLYS) […]

REPORT London - European shopping centre owner Klépierre has announced that it does not intend to make a formal offer for Hammerson on Friday morning, clearing the way for the UK shopping mall giant to continue forward with its deal to take over rival Intu. Klépierre noted that Jean-Marc Jestin, the […]

ANALYSISLVMH has given some hopes to the luxury industry after posting better-than-expected results during the first quarter. The French group reported a 13 percent rise on an organic basis, an increase that lifted the stock…and the market’s spirits. “We had a good start to the year and we expect these […]

Rocket Internet SE's aggregate revenue across the selected companies in the focus sectors food & groceries, fashion, general merchandise and home & living grew by 28 percent from to 2.64 billion euros (3.25 billion dollars) in 2017, while the aggregate adjusted EBITDA margin improved by 5 percentage […]

In the first quarter 2018, consolidated sales at Puma SE increased currency adjusted by approximately 21 percent or around 12 percent in reported terms to 1,131 million euros (1,394 million dollars), while operating result (EBIT) in the quarter increased to approximately 112 million euros (138 million […]

L Brands, Inc. has reported net sales increase of 7 percent to 1.020 billion dollars for the five weeks ended April 7, 2018, compared to same period ended April 1, 2017. Comparable sales for the five weeks increased 4 percent. The company’s net sales of 1.874 billion dollars for the nine weeks ended […]

The Cato Corporation reported 4 percent sales rise for the five weeks ended April 7, 2018 to 96.9 million dollars, while same-store sales for the period increased 6 percent from the five weeks ended April 8, 2017. "March sales were positively impacted by the shift of Easter from April last year to March […]

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