Second quarter revenue at PVH Corp. increased 1 percent or 3 percent on constant currency basis to 2.4 billion dollars compared to the prior year period. PVH said, earnings per share on a GAAP basis were 2.58 dollars compared to 2.12 dollars in the prior year period, while earnings per share on a non-GAAP […]

Net revenues for the first half of 2019 at Brunello Cucinelli S.p.A totalled 291.4 million euros (322.9 million dollars), representing a rise of 8.1 percent at current exchange and 7.2 percent at constant exchange rates. The company said, total revenues, which include other operating income, rose by […]

Rihanna's lingerie line, Savage x Fenty, has received 50 million dollar in funding after an impressive year of sales, The Wall Street Journal reports. The addition 50 million dollars in capital comes after a 20 million dollar round of fundraising, bringing Savage x Fenty's total fundraising efforts […]

Canadian retailer Hudson's Bay Company (HBC) has announced it is selling luxury department store chain Lord + Taylor to fashion rental subscription service Le Tote in a 100 million dollar deal. The deal will see Le Tote acquire the Lord + Taylor brand and related intellectual property while assuming […]

Total sales for the second quarter increased 0.9 percent to 123.2 million dollars at Destination XL. The company said, the increase of 1 million dollars in total sales was primarily due to an increase in wholesale revenue of 2.7 million dollars and other revenue of 0.1 million dollars and was partially […]

For its second quarter, Express, Inc. reported consolidated net sales decrease of 4 percent to 472.7 million dollars, with consolidated comparable sales down 6 percent. Comparable retail sales, which include both Express stores and e-commerce, decreased 7 percent and in total, retail sales decreased […]

AI-powered visual merchandising and outfit recommendation platform Stylitics has closed a 15 million dollar Series B round of funding, bringing its overall funding to 21 million dollars. Money from the round, which was led by growth equity firm PeakSpan Capital with participation from Trestle LP, will […]

Clarks has reportedly asked landlords for rent reductions of up to 30 percent across its store portfolio. The British retailer has offered to extend leases on some stores in return for its proposed rent cuts, The Sunday Times reported. A source told the newspaper that too many of Clarks' stores were […]

Total sales at John Lewis for the week to August 24, 2019, were down 5.5 percent on the same week last year. The company said in a statement that fashion sales were down 4.4 percent. However, John Lewis added that sales of sunglasses were up 42 percent and swimwear was up 27 percent as customers prepared […]

Eterna Mode Holding GmbH, in its interim results announcement said that sales increased by 0.8 percent to 51.8 million euros (57.4 million dollars). In the domestic German business, Eterna’s sales were up 2.1 percent, while exports declined by 2.4 percent. EBITDA for the period under review rose by […]

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