Safilo has announced that based on the business rebound recorded in July, its performance in August and preliminary data for the month of September – the Group’s management expects total net sales including acquisitions for the third quarter to grow mid-single digit at constant exchange rates compared […]

Sales at Esprit have plummeted during the pandemic, as the company posted a 23,65 percent drop in revenue. After a promising start to the year, the Hong Kong based retailer saw a tangible shrinking of its sales and profits. The group recorded revenues of 9.87 billion Hong Kong dollars (approximately […]

H&M has revealed that their profit more than halved year-on-year in the three months to the end of August to 1.8 billion Swedish krona, and has announced plans to close around 250 stores next year as it focuses on digital channels. The group’s net sales in the third quarter decreased by 16 percent in […]

Pronovias Group, the world leader in the luxury bridal sector, presents #PronoviasPink, an international action in which the company is teaming up with the most prestigious associations and foundations in each country working in the global fight against breast cancer. #PronoviasPink consists of raising […]

American Eagle Outfitters appoints Steven Davis as independent director American Eagle Outfitters, Inc. has appointed Steven A. Davis to the company’s board of directors as an independent director, effective October 1, 2020. The company said in a statement, this appointment expands its board to nine […]

British retailer Studio Retail Group, formerly called Findel, has reported a 39 percent increase in product sales in the first half of the year. The group said its core business, Studio, has seen “strong retail trading performance in the early weeks of its new Autumn/Winter season”, with its kidswear, […]

Online retailer The Hut Group (THG) has acquired US skincare brand Perricone MD for 60 million dollars. Founded in 1997, Perricone MD is a topical skincare brand with approximately 100 product patents. It will now join THG’s beauty portfolio of own brands, including ESPA, Christophe Robin, Grow Gorgeous, […]

Hammerson plc has announced the appointment of Rita-Rose Gagné as Chief Executive Officer (CEO) and Executive Director. The company said in a statement that it is anticipated that she will take up her new role with Hammerson before the end of the year and David Atkins will continue to serve as CEO until […]

N Brown In the second quarter, group revenues at N Brown declined 13.4 percent, recovering from a 21.9 percent decline in the first quarter. For the first half, the company reported revenue drop of 17.6 percent. Product revenue for the second quarter was down 12 percent and down 20.5 percent in the […]

Boohoo Group revenue for the first half-year increased by 45 percent or 44 percent CER to 816.5 million pounds (1,048.4 million dollar). The company said in a statement that adjusted EBITDA for the period was 89.8 million pounds (115.3 million dollars), an increase of 48 percent, while profit before […]

Related news