In contrast to the market trend, Italian footwear brand Valleverde, led by Elvio and Paolo Silvagni, reported a turnover of 16 million euros (18.8 million dollars), an increase of 18.5 percent compared to 13.5 million euros in 2017. The company said, these numbers are driven by the Italian market, which […]

In 2018, Adidas reported currency-neutral revenue growth of 8 percent driven by a 9 percent improvement at brand Adidas, reflecting a double-digit sales increase in sport inspired as well as a high-single-digit gain in sport performance. In euro terms, the company’s revenues grew 3 percent to 21.915 […]

Maternity and babywear specialist Mothercare has offloaded its Early Learning Centre (ELC) business to Teal Brands, the owner of toy specialist the Entertainer Group, for 13.5 million pounds as part of the company’s wider cost-cutting turnaround scheme. In a statement released by Mothercare on Tuesday, […]

Zara-owner Inditex Group’s net sales rose by 3 percent in FY18 to 26.14 billion euros (29.53 billion dollars), underpinned by growth in all of the group’s geographic regions, while sales in local currencies grew 7 percent. The company said, like-for-like sales were up 4 percent and positive across all […]

As of December 31, 2018, the Salvatore Ferragamo Group reported total revenues of 1,347 million euros (1,520 million dollars), down 3.3 percent at current exchange and 1.7 percent at constant exchange rates, while revenues in 4Q 2018, the company said, registered a 3.5 percent or 1.8 percent at constant […]

In the year 2018, Aeffe Group registered sales of 346.6 million euros (391 million dollars), with a 11.2 percent increase at constant exchange and 10.9 percent at current exchange rates. Due to improvement in operating profit, in 2018 the company’s profit before taxes amounted to 28.8 million euros […]

In 2018, the Calzedonia Group said that its turnover stood at 2,303 million euros, up 2 percent at constant exchange but down 0.5 percent at current exchange rates. The company added that the share of foreign sales increased to 55 percent of the total, while sales volume through the e-commerce channel […]

ANALYSIS New York – French Connection Group (LON:FCCN) reported on Tuesday deepening operating losses in its full-year 2018 results. On the upside, the UK-based fashion group returned to underlying profitability for the first time in seven years, as well as grew its overall group revenues. For the full […]

Dick’s Sporting Goods, Inc. reported consolidated net income for the fourth quarter ended February 2, 2019 of 102.6 million dollars or 1.07 dollars per diluted share, which the company said, while consolidated net income was 116 million dollars or 1.11 dollars per diluted share. On a non-GAAP basis, […]

John Lewis said in a statement that total sales for the week to March 9, 2019, were down 8.8 percent on the same week last year, impacted by the later fall of Mother’s Day and Easter this year. The company added that fashion sales were down 10.1 percent. However, sales of warm weather clothing were […]

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