Tesco Plc like-for-like sales grew by 1.8 percent for the 13 weeks to May 26, 2018, representing a tenth consecutive quarter of positive growth. Total sales at constant exchange rates were up 1.8 percent and 2.3 percent at actual exchange rates, including a 0.5 percent positive foreign exchange translation […]

Sales including VAT at Hennes & Mauritz AB (H&M), in the second quarter to May 31, 2018, amounted to 60,464 million Swedish krona (6,904.8 million dollars), representing an increase of 2 percent compared to the corresponding quarter the previous year. Sales excluding VAT amounted to 51,983 million Swedish […]

Cherokee Global Brands for its first quarter ended May 5, 2018 reported revenues of 5.4 million dollars compared to 6.8 million dollars, same quarter last year. While adjusted EBITDA increased 20 percent to 1 million dollars, operating loss was 0.2 million dollars compared to a loss of 2.3 million dollars […]

INTERVIEWNumerous studies show that Millennials and Generation Z consumers expect companies to care about sustainability and social justice. They are also interested in personalized items, especially when it comes to fashion. At the same time, innovations like artificial intelligence and virtual reality […]

Dries Van Noten has sold a majority stake of its brand to Spanish group Puig, which also owns Carolina Herrera, Jean Paul Gaultier, Nina Ricci and Paco Rabanne. Van Noten will continue working for the brand as its chief creative officer and chairman, according to a join statement. He will also hold […]

Destination Maternity Corporation has said net sales for the first quarter of fiscal 2018 decreased 3 percent to 103.2 million dollars from 106.4 million dollars for the first quarter of fiscal 2017, which included 0.8 million dollars related to a change in the method of accounting for gift card breakage. […]

N Brown Group Plc, in its trading update covering the 13 week period to June 2, 2018 said that the group revenue increased 0.4 percent, while product revenue was down 2.8 percent. Total online revenue increased 3 percent and power brand online revenues were up 9 percent. Focussing on becoming a global […]

In the first half of 2017/18, Gerry Weber International AG generated consolidated revenues of 404.7 million euros (478 million dollars), a decline of 5.4 percent. Following the disappointing first half, the company has initiated a “Performance Programme”, modifying its business model for sustainable […]

For the first quarter ended May 5, 2018, Tailored Brands, Inc. reported GAAP diluted earnings per share of 0.27 dollars and adjusted diluted earnings per share of 0.50 dollars, compared to 0.04 dollar and 0.27 dollars respectively, reported last year. Total net sales increased 4.5 percent to 818 million […]

INTERVIEWThis week, Yankeemagazines introduces five startups that aim to change the way people buy clothing and accessories. As Millennials and Generation Z consumers demonstrate a growing interest in sustainability, social justice, and personalization, and new technologies have the potential to revolutionize […]

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