REPORT Wolverine Worldwide reporting its financial results for its second quarter ended June 20, 2015 said that its consolidated revenue increased to 630.1 million dollars, representing growth of 2.7 percent versus the prior year and 4.9 percent on a constant currency basis. Adjusting for the impact […]

REPORT Zalando said that its group revenues grew in the second quarter of 2015 to 727-738 million euros (789-800 million dollars) or by 33-35 percent, according to preliminary figures. Zalando expects to achieve an adjusted EBIT of 22-37 million euros (23.8-40.1 million dollars), corresponding to an […]

Oxford Industries, Inc. (OXM) announced Monday that it has completed the sale of 100 percent of the equity interests of its Ben Sherman business, for a purchase price of 40.8 million pounds. Now, Ben Sherman is fully owned by Ben Sherman UK Acquisition Limited and Ben Sherman US Acquisition, LLC, both […]

Chinese retailer Shanghai La Chapelle Style Co, backed by Hong Kong jeweller Chow Tai Fook, announced on Monday its plans to float 54.77 million A shares to fund a 1.64 billion yuan expansion plan. According to local media, the A-share listing includes 27.4 million existing shares and won´t be minor […]

Quiksilver, Inc. (ZQK), announced that on July 10, 2015, the company was notified by the New York Stock Exchange (NYSE) that their common stock is not in compliance with the NYSE’s continued listing standard that requires a minimum average closing price of 1.00 dollars per share over a period of 30 […]

London - American fashion retailer C. Wonder might have closed its doors earlier this year but it looks like the brand has been given a second chance as Xcel Brands has confirmed that it has entered into a definitive agreement to acquire the C. Wonder brand. The brand development and management company […]

REPORT Brunello Cucinelli, announcing its preliminary consolidated results for the first half of 2015 said that the group posted net revenues of 200.3 million euros (216.9 million dollars), an increase of 13.9 percent or 9.3 percent at constant exchange rates. North American market posted a rise of […]

The Haitian clothing sector, employing more than 29,000 workers and accounting for 90 percent of the country's exports and about 10 percent of its GDP, just got lucky: the International Finance Corporation (IFC), a member of the World Bank Group, announced last week that it decided to invest 4 million […]

REPORT Wolford closed the 2014/15 financial year from May 2014 to April 2015 with revenue rise of around 1 percent to 157.35 million euros (170.8 million dollars), supported by positive foreign exchange effects. In addition, the company recorded a profit for the first time after two loss-making years: […]

As confirmed by both parties, an agreement sealing the previously announced acquisition of 51 percent of the capital of Dirk Bikkemberg. The remaining 49 percent will be retained by its current owners, Zeis Excelsa and Sinv. "I chose to invest in Dirk Bikkembergs because I think it can become a global […]