Sports Direct continues to increase its stake in struggling department store group Debenhams, as the sportswear company has taken control of thousands more shares. “Sports Direct continues to work together with Debenhams and looks forward to building a long-term relationship,” said the sportswear […]

REPORT_ Puma’s 2014 third quarter sales performance was positive, as consolidated sales rose by 6.4 percent currency adjusted to 843 million euros (1,044.6 million dollars). This represents an increase of 3.7 percent in euro terms, as continuing currency effects from various countries had a negative […]

REPORT_ In the six-month period, sales at Richemont increased by 2 percent at actual exchange rates or by 4 percent at constant exchange rates. The overall increase in sales reflected the international demand for jewellery, which grew by 10 percent at constant exchange rates, partly offset by subdued […]

REPORT_ In the third quarter, Safilo Group confirmed the increase in sales at constant exchange rates of 7.4 percent already recorded in the second quarter, taking the first nine-month’s top line growth to 5.5 percent. The gross profit margin for the first nine months stood at 62.3 percent, after […]

REPORT_ Gap reported that its net sales for the four-week period ended November 1, 2014 were 1.26 billion dollars compared with net sales of 1.29 billion dollars for the four-week period ended November 2, 2013. For the third quarter of fiscal year 2014, Gap’s net sales were 3.97 billion dollars […]

REPORT_ At the end of September, the Hermès Group's consolidated revenue registered a 12 percent rise at constant exchange rates. After adjusting for the negative impact of currencies, growth was 9 percent. In the third quarter, growth remained strong with over 11 percent at constant exchange rates, […]

REPORT_ During the third quarter of 2014, the Adidas Group continued to deliver robust top-line results. Group revenues increased 9 percent on a currency-neutral basis, driven by a double-digit sales increase in retail and a high-single-digit revenue growth in wholesale. All regions, except North America, […]

Penrose London, the accessories company for men, has entered into voluntary administration. Among potential buyers is silk mill Vanners, which could save the firm from folding. According to Drapers, who spoke with Panos Eliades of liquidators Panos Eliades Franklin & Co, Vanners is one of the Penrose's […]

REPORT_ The Tom Tailor performed well in the first nine months of 2014 and further increased its sales and profitability. The Group increased sales by 3.5 percent to 679.1 million euros (849.7 million dollars) from January to September 2014. The main growth drivers, according to the company, were the […]

REPORT_ Yoox Group in the first nine months of 2014 recorded a monthly average of 14.1 million unique visitors, which translated to 2.4 million orders, an increase of 22 percent from 2.0 million in the same period of the previous year. In the third quarter of 2014, the Group’s consolidated net […]