Paris’ court of appeal has given Christian Louboutin's exclusive rights over his iconic red soles, after the shoe designer entered a legal battle with a leather goods company offering similar models. Christian Louboutin’s shoes are famous for the soles in bright red -- more specifically, color number […]

Walmart has reported its financial returns for the first quarter to March 31, 2018 including results for Asda ahead of the latter’s merger with Sainbury’s. The supermarket chain reported like-for-like growth of 3.4 percent in the quarter. Adjusting for Easter, which fell within the first quarter of […]

For the first quarter to March 31, 2018, Björn Borg AB said that the company’s net sales fell 8.9 percent to 169.2 million Swedish krona (19.3 million dollars) compared to 185.7 million Swedish krona (21.2 million dollars), same quarter last year. Excluding currency effects sales fell 10.6 percent. […]

Sales for the year to March 31, 2018 at Richemont increased by 3 percent at actual exchange rates and by 8 percent at constant rates to 10,979 million euros (12,967.7 million dollars), which the company said, were driven by jewellery. Excluding exceptional watch inventory buy-backs from multi-brand […]

Nordstrom, Inc. reported earnings per diluted share for the first quarter ended May 5, 2018 of 0.51 dollar compared with 0.37 dollar last year, which included a debt refinancing charge of 0.06 dollar. Total company net sales increased 5.8 percent for the quarter to 3,469 million dollars, which the company […]

Yoox Net-a-Porter (YNAP) will be delisting from the Milan Stock Exchange on June 20 after Richemont reaches 94.999 percent of the company's ordinary shares. Richemont, which owned 25 percent of YNAP to begin with, launched a takeover in January so they could better position themselves to compete in […]

Mothercare plc revealed the exact extend of its financial struggles in its annual report, a few hours after the maternity and babywear specialist confirmed its had filed for Company Voluntary arrangement, with plans to shut 50 store and cut 800 jobs to keep the business going. Although the retailer […]

Global electronics company Ricoh has announced a long-term partnership with Swedish startup Coloreel to develop a thread colouring unit for industrial embroidery, in which a white base thread can be instantly coloured. This technology allows for smooth color transitions, gradients and effects, as well […]

Dillard’s, Inc., for the 13 weeks ending May 5, 2018 reported net income of 80.5 million dollars or 2.89 dollars per share, compared to 66.3 million dollars or 2.12 dollars per share, for the prior year first quarter. Net sales for the quarter were 1.456 billion dollars compared to 1.418 billion dollars […]

Tapestry, Inc.’s board of directors has declared a quarterly cash dividend of 0.3375 dollar per common share. The company said, this dividend is payable on July 2, 2018 to shareholders of record as of the close of business on June 8, 2018. Net sales at Tapestry for the third quarter totalled 1.32 billion […]

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