Total revenue at JD Sports Fashion plc decreased by 6.5 percent in the first half period to 2,544.9 million pounds (3,345.8 million dollars) including 4.6 percent drop in Sports Fashion category to 2,402.4 million pounds (3,158.4 million) and 30.2 percent sales in decline in Outdoor category to 142.5 […]

September is the month of fashion trade shows. Thirty-two to be exact, according to listings on France’s trade publication Modem. This week would have seen Coterie in New York, CPM in Moscow, followed by Première Vision in Paris and many others. The majority have been cancelled or repositioned into […]

SMCP, the parent company of Parisian labels Sandro, Maje, Claudie Pierlot and De Fursac, has swung to a loss in the first half of the year due to Covid-19, but says it has implemented a number of cost-cutting measures to ride out the pandemic. The French premium fashion group reported a loss of 88.5 […]

Reiner Pichler, CEO of Calida Group, is stepping down. The company said in a statement that he intends to devote his time to new tasks that will allow him a more flexible organization of work without requiring a full-time presence. Commenting on Pichler’s decision, Hans-Kristian Hoejsgaard, Chairman […]

For its second quarter, Tilly’s, Inc., total net sales were 135.8 million dollars, a decrease of 25.9 million dollars or 16 percent compared to last year. The company said in a statement that net sales from physical stores were 83.9 million dollars, a decrease of 55.1 million dollars or 39.6 percent, […]

Oxford Industries, Inc. has announced that consolidated net sales were down 36 percent to 192 million dollars for the second quarter of fiscal 2020, while the company reported loss of 37 cents per share on a GAAP basis and an adjusted loss per share of 38 cents compared with earnings per share of 1.76 […]

Amazon has announced plans to create 7,000 new UK jobs in 2020 on top of the 3,000 already created this year. It will bring the company’s total permanent UK workforce to more than 40,000. The new roles will be across more than 50 sites, including corporate offices and two new fulfilment centres launching […]

British property firm Hammerson has received approval from shareholders to go ahead with its rescue plan to raise 825 million pounds. The company, which owns Bullring shopping centre in Birmingham and Brent Cross centre in London, plans to raise 552 million pounds through a fundraise and 274 million […]

For the second quarter, PVH Corp said that the results exceeded the company’s expectations despite continued disruption from the Covid-19 pandemic with revenue decrease of 33 percent to 1.581 billion dollars compared to the prior year period. The company’s revenue through its digital channels grew over […]

Escada SE filed for insolvency proceedings at the Munich District Court on Tuesday. The German luxury label said Wednesday the proceedings only concern Escada SE and no other companies of the Escada Group. The move will affect the jobs of 180 employees who work at the company’s headquarters and in eight […]

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