VF Corporation has announced that it is commencing a review of strategic alternatives for the occupational portion of its Work segment. “Driving and optimizing our portfolio continues to be a top strategic priority for VF, and exploring strategic alternatives for our occupational Work brands is the […]

Third quarter revenues at VF Corporation increased 5 percent or 6 percent in constant dollars to 3.4 billion dollars, driven by VF’s largest brands, and its international and direct-to-consumer platforms. Excluding the occupational Work business, the company said in a statement, revenue increased 6 […]

INTERVIEWParis - Isabelle Capron is a graduate of HEC and she has worked in the fashion industry as marketing director at Lanvin and then general manager at Fauchon. Capron was recruited in 2013 by Shouzeng Ye and Shawna Tao, founders of the Chinese fashion brand Icicle, to help them develop the brand's […]

Fashion needs funding and sustainable fashion even more so - between 20 and 30 billion US dollars annually as estimated - given that sustainability is the need of the hour to drive fashion innovation towards ecological solutions. Yet, the 2 trillion US dollar industry (in terms of market size) runs […]

The company said on Thursday its Q3 net profit grew Revenues grew by 5 percent from the same period last year. The company's net profit for Q3 was 465 million dollars, increased from 464 million dollars a year earlier. Revenues grew to 3,385 million dollars. Founded in 1899, VF is one of the world’s […]

Wolf & Badger is celebrating a record year of sales figures in 2019, reporting a surge in online sales, a consistent rise in overall global sales and a “strong performance” from its two flagship stores in London and New York. Online sales at the multi-channel retailer jumped 59 percent from 6.6 million […]

Asos has reported an “encouraging start to the year” in its trading update on Thursday, with the company citing a “record Black Friday”, good performance across all regions, and strong customer engagement. For the final four months of 2019, group revenue at the online retail giant was up 20 percent […]

Overall turnover at Richemont increased by 6 percent in Q3. Richemont reported revenues of 4,156 million euros compared to 3,915 million euros in the same period last year. Richemont is a Switzerland-based luxury goods holding company. Through its various subsidiaries, Richemont designs, manufactures, […]

Announcing Expressway Forward corporate strategy to drive profitable growth, Express inc has said that the company expects to close approximately 100 stores by 2022 including nine stores that have already closed in 2019, 31 by the end of January 2020, and an additional 35 by the end of January 2021. […]

Ted Baker has announced the value of inventory held on the group's balance sheet at 26 January 2019 could be overstated by 58 million pounds, more than double the amount it estimated when it announced the error in December. Last month, the British luxury brand announced it had overstated the value of […]

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