In the first half of 2018, Safilo Spa said in a statement that the performance reflected the decline of the European sunglass sales in Q2 and the continuing weakness of the business in North America, while growth in emerging markets and in the prescription eyewear business were positive highlights. […]

The Armani Group has said through a media statement that the company achieved positive results in 2017, with net profits of 325 million euros (376.7 million dollars) on 2,335 million euros (2,706,5 million dollars) of net revenues, down 7 percent at actual exchange and 5.8 percent at constant exchange. […]

For the second quarter of 2018, Restoque Comércio e Confecções de Roupas S.A. reported a 5.7 percent gain in productivity in the retail channel and positive same store sales of 0.9 percent. This result, the company said, was despite the negative impacts on sales of the extraordinary events, such as […]

Gildan Activewear Inc. has reported net sales of 764.2 million dollars in the second quarter ended July 1, 2018, up 6.8 percent compared to the prior year, which the company said, were driven by a 17.3 percent increase in activewear sales. International sales were up 35.2 percent, reflecting strong […]

INTERVIEW Recent months have been busy for United States-based manufacturer and distributor of eyewear and sunglasses, Marchon Eyewear as it renewed several licences and expanded its portfolio by signing a licensing agreement with both DKNY and Donna Karan New York. According to Nicola Zotta, President […]

Ralph Lauren is the latest fashion company pledging to stop using mohair in its future collections. All of the group’s brands, including Ralph Lauren Home, Polo Ralph Lauren, Chaps, Club Monaco and American Living, will no longer feature the controversial material. The information was shared with journalists […]

Same-store sales including online sales in July 2018 at Uniqlo Japan, part of the Fast Retailing Group, decreased by 0.3 percent year on year. The company said in a statement that sales at the company-owned stores also decreased by 1.9 percent, while total sales including online sales were steady year […]

Hugo Boss Group sales increased by 6 percent to 653 million euros (760.7 million dollars) in local currencies, while the company said, comp store sales grew 5 percent due to gains in all regions and sales formats. Sales from the Group’s own online business grew by 47 percent, while sales in the wholesale […]

ANALYSISNext Plc said the heatwave encouraged British consumers to buy more summery clothes, lifting the retailer’s second-quarter own-brand sales rose 2.8 percent in the 12 weeks to July 28, an increase the company called “modest”. The fashion chain explained that full-price sales were up 4.5 percent […]

Flipkart-owned fashion retailer Myntra has acquired omnichannel fashion marketplace Pretr Online Services Pvt. Ltd for an undisclosed amount. Myntra’s CEO Ananth Narayanan confirmed the deal in an interview with local media. “The one big investment that we’ve done, and which is paying off well is omnichannel. […]

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