Safilo said that it closed 2019 with the net sales at 939 million euros (1,060.4 million dollars), up 3.1 percent at current exchange and 0.9 percent at constant exchange rates. In the fourth quarter, Safilo’s net sales equalled to 230.4 million euros (260.2 million dollars), down 2.8 percent at current […]

Consolidated net revenues at Vera Bradley totalled 156.9 million dollars for the fourth quarter including 35.5 million dollars of net revenues from Pura Vida), an increase of 32.8 percent over the prior year. Excluding Pura Vida, Vera Bradley net revenues totalled 121.4 million dollars, a 2.7 percent […]

Brunello Cucinelli S.p.A. net revenues for 2019 rose by 9.9 percent at current exchange rates and 8.6 percent at constant exchange rates to 607.8 million euros (686 million dollars), while the company said in a statement that revenue from sales and services, including other operating income, amounted […]

Ahead of its participation at the BofA Securities Consumer & Retail Technology Conference 2020, Urban Outfitters, Inc. has announced that over the past week, the company has seen a decline in store traffic and sales in areas heavily impacted by COVID-19 such as Milan, Italy and Seattle, Washington, […]

Consolidated net sales at Express Inc., decreased 3 percent to 606.7 million dollars, with consolidated comparable sales down 3 percent, comparable retail sales, which includes both Express stores and e-commerce, decreased 5 percent compared to the fourth quarter of 2018. In total, retail sales decreased […]

On a day when many airlines have banned flights to Italy, Marco Bizzarri, president and CEO of Gucci, has donated 100,000 euros in a personal capacity to the Reggio Emilia healthcare company, which operates local hospitals including the Santa Maria Nuova Hospital. “Our healthcare system, which in these […]

Turkish luxury streetwear label Les Benjamins has secured an undisclosed investment from Esas Holding, a private equity firm in Turkey, which has offices in Istanbul and London. The investment is led by entrepreneur Fethi Sabanci Kamişli, founder and managing partner of Esas Ventures, and is supported […]

In 2019, Adidas delivered currency-neutral revenue increase of 6 percent or 8 percent in euro terms to 23.6 billion euros, which the company said increased despite supply chain shortages which the company had experienced following a strong increase in demand for mid-priced apparel. The company’s sales […]

As if the recent decision by the European Union to partially withdraw Cambodia's preferential access to the European market under the "Everything but Arms" (EBA) programme wasn’t bad enough, now the coronavirus outbreak is threatening the country’s apparel and textile industry further: With textile […]

As of December 31, 2019, the Salvatore Ferragamo Group reported total Revenues of 1,377 million euros (1,561 million dollars), up by 2.3 percent at current exchange and 1.3 percent at constant exchange rates. The company said in a statement that revenues in the fourth quarter registered a 2.1 percent […]

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