Abercrombie & Fitch Co. reaffirming its outlook for the fourth quarter of fiscal 2019 said that the company expects net sales to be in the range of flat to up 2 percent, reflecting an adverse impact from changes in foreign currency exchange rates of approximately 5 million dollars, comparable sales […]

Destination XL Group, Inc. has announced that total sales for the nine-week holiday sales period ended January 4, 2020 increased 0.4 percent to 103.1 million dollars, while comparable sales in omni-channel retail business for the same period also increased 0.4 percent. Included in total sales, the company […]

Tilly’s, Inc. has said in a statement that total net sales of 143.9 million dollars increased by 1.1 percent for the holiday period, while comparable store net sales, including e-commerce, decreased by 2 percent compared to an increase of 5.8 percent for last year’s holiday period. Comparable store […]

Online British retailer Shop Direct has today rebranded to The Very Group, a move the company says “reflects the next phase of the business’ ongoing transformation”, and one that brings its name and identity in line with its flagship consumer brand, Very. The company also said it will launch a recruitment […]

The year 2019 started with sportswear brands taking the lead and presenting recyclable and eco-friendly products. In the spring and throughout the year, denim companies upped their game and came out with responsible ways of producing one of the industry’s most wasteful products. The summer saw brands, […]

RTW Retailwinds, Inc. has said that following poor holiday sales, it now expects comparable store sales for the fourth quarter to be down 8 percent to 10 percent, as compared to the same period last year. The operating loss for the quarter is now expected to reflect a loss in the low to mid 20 million […]

Chico’s FAS, Inc. has announced the resignation of executive vice president and chief financial officer Todd E. Vogensen, effective January 17, 2020, to accept a CFO position with another company. The company added that Jennifer Ellis, Senior Vice President, Finance, has been appointed Interim Chief […]

In December, it was heartening to see that brands and retailers are not only thinking about products like clothing and accessories when it comes to sustainability but also product packaging, fabric and other recycling, powering stores and offices with renewable energies and involving consumers every […]

Kering-owned French luxury label Saint Laurent has plans to open a new manufacturing site for handbags and wallets outside of Florence. Francesca Bellettini, president and CEO of Gucci, told reporters that Gucci would be moving 340 workers to a new 29,000-square-foot site in Scandicci in addition to […]

Cartier is the newest addition to the Tmall Luxury Pavilion - Alibaba's dedicated e-commerce site for luxury brands retailing in China. The luxury jewelry brand will operate a flagship boutique through the Tmall Luxury Pavilion, offering all of its product categories including jewelry, timepieces and […]

Related news

MORE NEWS

 

LATEST JOBS

 

MOST READ