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 […]

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 […]

Retail revenues at Burberry for the quarter ended December 2019 reached 719 million pounds, an increase of 2 percent CER and 1 percent at reported FX. The comparable store sales growth of 3 percent in Q3, the company said, was led by full price sales, driven by new product availability partially offset […]

New York - The Brenninkmeijer family, founders of C&A, announced Tuesday the launch of their new foundation, which will combat climate change while addressing the inequality crisis. The newly created entity, the Laudes Foundation, aims to advance the work of its influential C&A Foundation create “positive […]

New York - Zadig & Voltaire counts on a new investor: private equity firm Peninsula, which has just made an ‘strategic growth investment” in the French luxury ready-to-wear brand. “We are delighted to welcome Peninsula as our new partner. Their long-term investment horizon and retail expertise are fully […]

New York – The lower-middle market specialised private equity firm Brand Velocity Partners (BVP) announced on Tuesday it has acquired Original Footwear Inc. for an undisclosed sum. Investing alongside BVP in Original Footwear were BPEA, a Boston-based private equity firm, Pinnacle Financial Partners, […]

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