Moncler CEO Remo Ruffini has played down the rumors that Moncler would be acquired by luxury conglomerate Keing, the parent company of Gucci and Balenciaga, among other world renowned luxury brands. He admitted the two firms have talked, but there was no firm deal on the table. Moncler's surged earlier […]

The Cato Corporation reported sales for the four weeks ended November 30, 2019 of 59 million dollars, down 1 percent, while same-store sales for the month increased 2 percent. “November same-store sales continue our current trend,” commented John Cato, the company’s Chairman, President, and Chief Executive […]

Third quarter net sales at Express, Inc. decreased 5 percent to 488.5 million dollars with consolidated comparable sales down 5 percent. The company said in a statement that comparable retail sales, which include both Express stores and e-commerce, decreased 5 percent compared to the third quarter of […]

For the third quarter, Tiffany & Co., said, worldwide net sales remained unchanged to 1 billion dollars from the prior year and decreased 2 percent to 3.1 billion dollars in the year-to-date period. On a constant-exchange-rate basis, worldwide net sales were 1 percent above the prior year and unchanged […]

For the third quarter, net sales at RTW Retailwinds, Inc. declined to 200.1 million dollars, reflecting a 4 percent decrease in comparable store sales, and a net reduction in store count by 14 stores from the prior year third quarter, partially offset by an increase in sales from new businesses. Net […]

With the year 2019 rapidly drawing to a close, it is heartening to see that sustainability efforts by brands and retailers are not slowing down; on the contrary. The emphasis on innovative ideas for sustainable output in the fashion industry continues as brands, designers and raw material producers […]

The Conscious Fashion Campaign has officially launched following a yearlong pilot to accelerate sustainable development goals and bridge the gap between the fashion industry as it looks to support the upcoming Decade of Action. Founded by social impact entrepreneur Kerry Bannigan, the initiative in […]

Zumiez reported its net profit for Q3 surged on Thursday.Compared with the same period last year, revenues increased by 6 percent. For Q3, the company's net profit was 19 million dollars, increased from 14 million dollars last year. Furthermore, revenues grew to 264 million dollars. Zumiez (NASDAQ: […]

Missoni has signed a license agreement with Timex Group for the creation, development and distribution of a line of watches. Available beginning fall 2020 at Missoni boutiques, authorized retailers and online, the watches will combine the precision of a Swiss Made movement with a rigorously Made in […]

Philip Day’s Edinburgh Woollen Mill Group (EWM Group) has reported strong profit growth in its latest financial figures, while losses at its premium fashion brand Jaeger have considerably narrowed. The group, which also owns brands such as Peacocks, Austin Reed and Jane Norman, reported a profit after […]

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