India banned 43 more Chinese apps on Tuesday including some from e-commerce giant Alibaba, saying they threatened its "sovereignty and integrity" as tensions remain high between the nuclear-armed neighbours following a deadly border clash. New Delhi previously pulled 59 Chinese apps -- including the […]

German luxury fashion e-tailer Mytheresa has confidentially applied for a New York IPO. Its parent company, MYT Netherlands Parent B.V., announced Tuesday it has “confidentially submitted a draft Registration Statement on Form F-1 to the U.S. Securities and Exchange Commission (the "SEC") relating to […]

American Eagle Outfitters, Inc. reported operating income of 96 million dollars for the third quarter compared to 103 million dollars, while EPS was 32 cents compared to 48 cents last year. Total net revenue for the 13 weeks decreased 35 million dollars or 3 percent to 1.03 billion dollars reflecting […]

Nordstrom, Inc. has announced that its third quarter results reflected sequential improvement in sales and earnings relative to the prior quarter. The company generated EBIT of more than 100 million dollars, supported by improved merchandise margin trends and benefits from resetting its cost structure. […]

Gap Inc. said that its third quarter results reflected flat sales versus last year, supported by 5 percent growth in comparable sales, which was driven by a 61 percent increase in online sales. The company said in a statement that net sales were impacted by the company’s ongoing strategy to close unprofitable […]

Using 3D solutions to design and merchandise collections was uncommon only a few years ago, but the speed at which digital transformation is occurring within fashion brands, largely due to the disruption of COVID, has prompted fashion programs across the globe to double down in their investment in learning […]

With Moncler pledging to be carbon neutral by 2023 and H&M announcing their commitment to be climate positive by 2040, they join a growing trend of fashion brands grabbing headlines by pledging to be carbon neutral. There is no doubt now that brands are recognizing their supply chains’ impact. But why […]

Third quarter net sales at Abercrombie & Fitch Co. of 820 million dollars, were down 5 percent as compared to last year, reflecting the adverse impact of Covid-19 on store sales. The company said in a statement that digital net sales increased 43 percent to 382 million dollars reflecting robust […]

Dick’s Sporting Goods, Inc. reported consolidated net income for the third quarter of 177.2 million dollars or 1.84 dollars per diluted share compared to 57.6 million dollars or 66 cents per diluted share in the same quarter of 2019. On a non-GAAP basis, the company reported consolidated net income […]

For the third quarter, Chico’s FAS, Inc. reported a net loss of 55.9 million dollars or 48 cents loss per diluted share. The company said, for the thirty-nine weeks, the company reported a net loss of 281 million dollars or 2.43 dollars loss per diluted share compared to a net loss of 8.4 million dollars […]

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