In a preliminary results statement for the year to March 28, 2020, Burberry Group plc reported revenues of 2,633 million pounds (3,214.7 million dollars), down 3 percent, while fourth quarter comparable store sales declined by 27 percent with around 60 percent retail stores closed at end of March. “Prior […]

Ross Stores, Inc. said, both, first quarter sales and earnings reflect the closure of all Ross Dress for Less and Dd’s Discounts locations starting on March 20th through the quarter end due to the ongoing spread of Covid-19 throughout the United States. For the 13 weeks ended May 2, 2020, the company […]

For the fourth quarter, Deckers Brands’ net sales decreased 4.9 percent to 374.9 million dollars and n a constant currency basis, net sales decreased 4.5percent. The company said in a statement that full year net sales increased 5.6 percent to 2.133 billion dollars and on a constant currency basis, […]

The Cato Corporation has reported net loss of 28.4 million dollars or 1.19 dollars per diluted share for the first quarter compared to net income of 21.3 million dollars or 87 cents per diluted share for the same quarter ended May 4, 2019. The company said in a statement that sales for the quarter were […]

In a preliminary report, Macy’s, Inc. said estimated first quarter net sales may range between 3,000 to 3,030 million dollars compared to 5,504 million dollars in the same quarter last year, while the company estimates reporting operating loss in the range of 905 million dollars to 1,110 million dollars. […]

The TJX Companies, Inc. has reported net sales for the first quarter of 4.4 billion dollars, while net loss reached 887 million dollars and loss per share was 74 cents. The company said in a statement that its first quarter results were negatively impacted by the temporary closure of its stores for […]

Shoe Carnival, Inc. reported net sales of 147.5 million dollars for the first quarter of fiscal 2020, a 41.9 percent decrease resulting from substantially all stores being closed for approximately 50 percent of the quarter, offset by increased e-commerce sales. The company said in a statement that gross […]

L Brands, Inc. reported net sales of 1.654 billion dollars for the first quarter ended May 2, 2020 compared to 2.629 billion dollars for the quarter ended May 4, 2019. The company said in a statement that loss per share was 1.07 dollars compared to earnings per share of 14 cents for the same quarter […]

While the rest of the world is on pause, Gareth Pugh is plotting a comeback. The namesake founder is assuming complete control of his trademark and has bought back 49 percent of his trademark from Rick Owens. Back in 2006 Pugh sold his trademark to Rick Owens and his Italian production partner Olmar […]

Last week, several statements concerning changes in the global fashion system appeared on the Internet and in the media. The Business of Fashion published the petition #rewiringfashion online, under which, at the time of publication, there were almost 1500 signatures from around the world. Alexander […]

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