ANALYSIS_ British luxury retailer Burberry reported a dent in its half-year profit, caused by adverse currency changes as demand for the brand weakened in Asia. On Wednesday the UK's biggest luxury retailer revealed a decline in pretax profit for the six months ended September 30, down to 142 million […]

REPORT_ Burberry today posted strong growth in the first half, with adjusted profit up 6 percent underlying to 152 million pounds (242.1 million dollars) and double-digit underlying revenue growth in all regions. Underlying revenues stood at 1,100 million pounds (1752.4 million dollars) representing […]

REPORT_ In the third quarter of 2014, the Fossil Group’s worldwide net sales rose 10 percent or 81.3 million dollars, reflecting sales growth in each of the company’s wholesale segments and direct to consumer segment. Its net income for the third quarter was 103.7 million dollars, or 1.96 […]

REPORT_ The Board of Directors of Moncler approved the consolidated interim report at September 30, 2014. In the first nine months of 2014, Moncler recorded revenues of 449.3 million euros (559.9 million dollars) representing a 16 percent increase at current exchange rates or 18 percent growth at constant […]

Sports apparel and footwear retailer Quiksilver said Tuesday it will sell its majority stake in Surfdome, an online retailer of action sports products, to Australian-based SurfStitch Group. The company expects to generate net proceeds of nearly 16 million dollars for its equity interest, loans and other […]

REPORT_ The Board of Directors of Aeffe in its consolidated results for the first nine months of 2014 said that its consolidated revenues amounted to 192.9 million euros (239.4 million dollars) compared to 193.3 million euros (240 million dollars), with a 0.2 percent decrease at current exchange rates […]

REPORT_ For the 26 weeks ended September 27, 2014, New Look reported like-for-like sales rise of over 6.9 percent. New Look UK including E-commerce sales increased over 8.3 percent. Despite of the resilient second quarter, the company witnessed rise in revenue and profit for the first half. Commenting […]

The Singaporean apparel arm of Hong Kong-based garment manufacturer TAL Group, TAL Apparel Limited, is planning to set up a 50 million US dollar factory in Vietnam’s northern province of Vinh Phuc to manufacture textiles, fabrics and garments. According to the Vietnam Investment Review, the company […]

REPORT_ American Apparel net sales for the third quarter of 2014 decreased 8.7 million dollars, or 5 percent, compared to the same period in 2013. Lower retail and online sales were partially offset by increased wholesale sales. Comparable retail and online sales decreased by 7 percent and 5 percent, […]

Luxury footwear label Kurt Geiger has its sight set on international expansion, with the brand set to add a London flagship store to its roster by next year, following a boost in sales during its third quarter. The premium British label revealed a 13 percent increase in like-for-like sales for the seven […]