In 2018, the Hermès Group’s consolidated revenue reached 5.9 billion euros (6.7 billion dollars), up 10 percent at constant exchange rates and 7.5 percent at current exchange rates. The company said, revenues grew 10 percent in the fourth quarter at constant exchange rates with growth in all the geographical […]

After filing the insolvency petition for Gerry Weber International, the company has announced that one of its investors has agreed to provide bridge financing of 10 million euros for its Hallhuber subsidiary. Commenting on the development, the company said in an ad hoc announcement: “With the proceeds […]

Urban Outfitters, Inc. said in a statement that total company net sales for the three months ended January 31, 2019 increased 3.7 percent over the same period last year to 1.13 billion dollars, while comparable retail segment net sales increased 3 percent, driven by double-digit growth in the digital […]

For the fourth quarter, sales at Skechers grew 11.4 percent as a result of an 18.4 percent increase in the company’s international wholesale business, a 7.5 percent increase in its company-owned global retail business, and a 4.8 percent increase in its domestic wholesale business. Gross margins increased […]

Columbia Sportswear Company announced net sales of 917.6 million dollars for the fourth quarter, an increase of 18 percent or 19 percent constant-currency. The company said, non-GAAP fourth quarter net sales of 899.3 million dollars increased 16 percent or 17 percent constant-currency. Net income for […]

American athletic footwear and apparel retailer Foot Locker has announced a strategic minority investment in Goat Group, the company managing sneaker marketplaces Goat and Fight Club. A total of 100 million US dollars have been invested. "With over 3,000 retail locations, Foot Locker will support our […]

The Cato Corporation reported sales for the four weeks ended February 2, 2019 of 44.5 million dollars, 18 percent decrease from sales of 54.2 million dollars for the five week period ended February 3, 2018. On a comparable four week basis, total sales for the month were flat and same-store sales for […]

HanesBrands has announced fourth-quarter net sales growth of 7 percent to 1.77 billion dollars with constant currency organic sales growth of 6 percent and double-digit operating profit growth. The company also declared a regular quarterly cash dividend of 15 cents per share and issued full-year 2019 […]

L Brands, Inc. has reported net sales of 780.1 million dollars for the four weeks ended February 2, 2019, compared to 1.040 billion dollars for the five weeks to February 3, 2018. The company said, comparable sales decreased 1 percent for the period. Net sales were 4.852 billion dollars for the fourth […]

For its second quarter to December 29, 2018, Tapestry, Inc. recorded net sales of 1.80 billion dollars, an increase of 1 percent on a reported basis and 2 percent in constant currency. Net income for the quarter was 255 million dollars on a reported basis, with earnings per diluted share of 88 cents […]

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