Caleres consolidated sales in the fourth quarter of 698.9 million dollars were down approximately 3 percent. The company said in a statement, Famous Footwear total sales of 369.5 million dollars were up 1.2 percent, with same-store-sales up 5.1 percent and Brand Portfolio sales of 346 million dollars, […]

Zumiez Inc. total net sales for the fourth quarter increased 7.9 percent to 328.8 million dollars and comparable sales increased 6.4 percent compared to a comparable sales increase of 3.9 percent for the thirteen weeks ended February 2, 2019. Net income for the fourth quarter, Zumiez said in a statement, […]

Tilly’s, Inc. said fourth quarter net sales were 172.5 million dollars, an increase of 1.9 million dollars or 1.1 percent, while comparable store net sales, which includes e-commerce net sales, decreased 2 percent compared to last year’s increase of 6.4 percent. Total net sales for the full year were […]

L Brands, Inc. has announced the appointment of Sarah E. Nash as Chair of the board of directors, effective upon the close of the transaction to sell a majority interest in Victoria’s Secret to Sycamore Partners. As previously announced on February 20, 2020, the company said in a statement, Leslie H. […]

On a reported basis, Gap Inc. said its diluted loss per share was 49 cents for the fourth quarter and diluted earnings per share for fiscal year 2019 were 93 cents, while the company’s adjusted diluted earnings per share were 58 cents for the fourth quarter and 1.97 dollars for fiscal year 2019. The […]

The UK government has confirmed it will introduce a digital service tax on the UK revenues of online companies such as Amazon, Facebook and Google. The 2 percent levy will apply to large multinational enterprises - regardless of where they are based - that provide a social media service, search engine […]

Spanish fashion brand Mango has reported a record year of revenues partly thanks to strong growth in online sales amid its ongoing transformation. Full-year revenues at the company increased by 6.3 percent to a record 2.37 billion euros in 2019, compared to 2.23 billion euros in fiscal 2018. The increase […]

Chanel has unveiled a new sustainability initiative to directly address climate change and the role the Maison can play in lowering its carbon footprint. The privately-held company aims to become a leading luxury player to embrace sustainability at the forefront of the fashion industry. Chanel Mission1.5 […]

The boards of Brigadier Acquisition Company Limited (Bidco) and Moss Bros have jointly announced the acquisition of latter for 22 pence in cash per Moss Bros share. The offer price values the entire issued and to be issued ordinary share capital of Moss Bros at approximately 22.6 million pounds. Bidco […]

2019 revenue at Lenzing Group dropped by 3.3 percent to 2.11 billion euros (2.39 billion dollars), driven by lower selling prices as well as standard fibre volumes. The company said in a statement that due to positive mix effects and more resilient specialty fibre prices, the share of specialty fibres […]

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