The Mulberry Group said that it made progress during the year with profit from its business in the UK, Europe, North America and wholesale increasing by 36 percent to 11.3 million pounds (15 million dollars), which the company added, reflected a focus on new products and network optimisation. Group […]

In the first quarter of 2018, net sales at Inditex reached 5.7 billion euros (6.6 billion dollars), 2 percent higher than in the same quarter in 2017. Sales in local currencies increased by 7 percent. The company opened stores in 36 markets during the first quarter and at the end of the quarter, Inditex […]

British luxury brand L.K.Bennett Ltd, for its full year to July 30, 2017 reported a slight decline in sales from 78.8 million pounds (105 million dollars) in 2016 to 77.4 million pounds (103 million dollars) in 2017, with like for like sales increasing by 3.7 percent. The company said, while store like-for-like […]

Oxford Industries, Inc. in its results announcement for its first quarter ended May 5, 2018 said that consolidated net sales increased slightly to 272.6 million dollars compared to 272.4 million dollars in the first quarter of fiscal 2017. Earnings on a GAAP basis were 1.23 dollars per share compared […]

On Monday, a California judge declared that the law firm of Glaser Weil Fink Howard Avchen & Shapiro LLP did not commit any legal malpractice while representing Dov Charney, the former CEO of American Apparel, and that Charney must now pay them 2.2 million dollars in legal fees. The news was first reported […]

INTERVIEWThis week, Yankeemagazines presents five startups that aim to change the way people buy clothing and accessories. Young consumers are demonstrating a growing interest in sustainability, social justice, and personalization. At the same time, technologies like augmented reality and virtual reality […]

Lands' End, Inc. reported net revenue for the first quarter ended May 4, 2018 of 299.8 million dollars, an increase of 11.7 percent compared to the first quarter last year. Direct segment net revenue increased 19.7 percent to 273.4 million dollars, while retail segment net revenue decreased 34 percent […]

UPDATE The EU Court of Justice has ruled in favor of Christian Louboutin in a legal battle between the French designer and Dutch footwear retailer Van Haren, which started selling stiletto shoes with red soles in 2012. The highest European court recognized the red soles as a trademark protected by Louboutin’s […]

Total sales for the week ending June 9, 2018 were up 4.2 percent at John Lewis, on the same week last year, which the company said, were boosted by annualising a general election and price matching competitor promotions. Style sales for the week, were ahead by 2.8 percent on the same week last year. […]

British sailing apparel brand Henri Lloyd has been bought out of administration by Aligro UK Limited, in a deal which has led to 128 jobs being axed. The clothing retailer, best known for its sailing and water resistant apparel, appointed Chris Ratten and Jeremy Woodside from RSM Restructuring Advisory […]

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