New York - Brazilian fast-fashion retailer Lojas Renner SA reported on Tuesday a 14.4 percent fall in second-quarter net profit, dragged by growing taxes and operating expenses. Foreign currency exchange rates also dented the company’s profits. In a securities filing cited by Reuters, the company said […]

Puma SE said that strong sales growth continued in the second quarter with sales up 15.7 percent currency-adjusted and 16.9 percent reported to 1,226.8 million euros (1,367.5 million dollars). The company said, Asia/Pacific and Americas regions continued to contribute with double-digit increases, while […]

BACKGROUND Paris - The announcement came on 25 July 2019, the immediate judicial liquidation of the fashion brand Sonia Rykiel left 135 employees in a state of shock as well as a large number of people and lovers of the fashion house both in France and abroad. How did it come to this? There was a crowd […]

Last April U.S. fashion label Off-White by Virgil Abloh filed a trademark infringement complaint against jewellery brand Rastaclat for using quotation marks around words and that its bracelet "was infringing several Off-White trademarks." According to the World Intellectual Property Review (WIPR), Off-White […]

EssilorLuxottica has announced that the company is acquiring HAL's 76.72 percent interest in GrandVision at a cash purchase price equal to 28 euros (31 dollars) per share – to be increased by 1.5 percent to 28.42 euros (31.7 dollars) if closing of the acquisition does not occur within 12 months from […]

Full price sales in the second quarter at Next Plc increased 4 percent on last year, while the company said, was 4.5 percent better than the guidance of negative 0.5 percent expectation given in its May trading statement. Following the better than anticipated sales performance in the second quarter, […]

Ralph Lauren Corporation reported earnings per diluted share of 1.47 dollars on a reported basis and 1.77 dollars on an adjusted basis for the first quarter of fiscal 2020 compared to 1.31 dollars on a reported basis and 1.54 dollars on an adjusted basis, for the first quarter of fiscal 2019. The company […]

Salvatore Ferragamo S.p.A. reported total revenues of 705 million euros (786 million dollars), up 4.6 percent at current exchange and 4.4 percent at constant exchange rates. In the second quarter, total revenues increased 4.9 percent or 4.5 percent at constant exchange rates. The company said, profit […]

Influencer marketing has become an integral element to advertisement strategies across all consumer industries, yet it might not be as reliable as once thought. According to a recent study, Instagram's monthly active user data might be overrated by up to 45 percent. Marketing specialist of startup brand […]

Ralph Lauren reported its net profit for Q1 grew on Tuesday. Compared with the same period last year, revenues increased by 3 percent. The company's net profit for Q1 was 117.1 million dollar, climbed from 109 million dollar a year earlier. Revenues climbed to 1,428.8 million dollar. For 50 years, through […]

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