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 […]

Shares of Abercrombie & Fitch plummeted 14 percent, after the teen clothing retailer reported a 12 percent slump in its third quarter revenues, more than what analysts estimated, hurt largely by weak traffic given the highly promotional and challenging environment. The company also detailed a weak earnings […]

REPORT_ Abercrombie & Fitch has provided a business update on the company's performance for the third quarter ended November 1, 2014. Net sales for the third quarter decreased 12 percent to 911.4 million dollars, compared to net sales of 1.033 billion dollars for the prior year third quarter ended November […]

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 […]

Related news

MORE NEWS

 

LATEST JOBS

 

MOST READ