The company said on Thursday its Q2 net profit grew. Compared with the same period last year, revenues grew by 10 percent. For Q2, the company's net profit was 1,115 million dollars, grew from 847 million dollars last year. Furthermore, revenues grew to 10,326 million dollars. Nike, Inc. (NYSE: NKE) […]

Nike, Inc. has announced that its revenues for its second quarter ended November 30, 2019 increased to 10.3 billion dollars, up 10 percent on a reported basis and up 13 percent on a currency-neutral basis, driven by strong growth across all geographies. The company said, diluted earnings per share for […]

Talon International, a provider of sustainable solutions for zippers and trims, has joined the CFDA's Supply Chain Collective. The Supply Chain Collective is a new initiative that works to bring greater value to the nearly 500 American designers who are members of the CFDA. Talon International's inclusion […]

The Zac Posen trademark has reportedly been bought at auction by Centric Brands. The new business arrangement affects the Zac Posen brand and related intellectual property, according to WWD. Posen is also reportedly working out details regarding his involvement in the deal. In October, Posen shuttered […]

Starting January 1, 2020, Ahlers Ag said in a statement, the Sincere Group has taken over the distribution for Baldessarini in the Benelux countries. In January, the brand’s first range to be retailed by the company would comprise of autumn/winter collection at its showroom in Halfweg. The Sincere Group […]

Electra Private Equity-owned British footwear retailer Hotter Shoes has reported improved trading performance under a “much-strengthened management team” following a “difficult” 2018. In the year to the end of January, sales at Hotter Shoes were 93 million pounds, down from 100.8 million pounds in the […]

Two co-founders of online store Showroomprive on Wednesday announced they would relaunch French fashion label Sonia Rykiel, nearly five months after its demise following a court ruling. A court in Paris in July ordered the winding up of the loss-making brand founded by the "Queen of Knits". The designer, […]

For the first quarter to November 30, 2019, RNB Retail said net sales decreased to 573 million Swedish krona (60.8 million dollars), while comparable sales for the group on all national markets decreased by 9 percent and sales for comparable units in Sweden decreased by 8.5 percent. The company has […]

ANALYSIS New York – Shares of Farfetch Ltd (NYSE:FTCH) have been assigned a consensus recommendation of “Buy” from the fifteen brokerages that are currently covering the company. MarketBeat.com reports that one research analyst has rated the stock with a sell rating, two have given a hold rating and […]

Knot Standard is continuing to grow. The seven-year-old custom menswear brand, which has been working on a strategic expansion plan that saw the opening of its tenth U.S. showroom this year, has now announced a major investment from Decathlon Capital Partners. The new funding will help Knot Standard […]

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