REPORTSafilo total net sales for the year equalled 1,279 million euros (1,420 million dollars), recording an increase of 8.5 percent owing to foreign exchange tailwind. At constant currencies, 2015 net sales were flat compared to 2014, reflecting differing business and market dynamics. The performance […]

REPORTFor the sixth consecutive year, Ecco managed to increase profits and increase sales. Net sales reached 1.3 billion euros (1.4 billion dollars), and profit before tax was 183 million euros (204 million dollars). “2015 was characterised by Ecco successfully launching innovative collections and investing […]

REPORTThe Buckle has said that net sales decreased 6.1 percent to 332 million dollars for the fourth quarter and comparable store net sales decreased 7.2 percent. Net sales for the 52-week fiscal year ended January 30, 2016 decreased 2.9 percent to 1.120 billion dollars and comparable store net sales […]

With an estimated 21 million people worldwide being victims of modern slavery or enforced labour and illegal profits estimated at 150 billion US dollars per year, modern day slavery is very real. The majority of modern slaves are exploited in manufacturing, construction and agriculture, leaving the […]

REPORTAeffe having brand names such as Alberta Ferretti, Philosophy di Lorenzo Serafini, Moschino, Pollini, Jeremy Scott and Cédric Charlier under its fold, said that in 2015 consolidated revenues amounted to 268.8 million euros (298.7 million dollars) representing a 7 percent increase at current exchange […]

REPORTThe Brunello Cucinelli Group earned net revenues of 414.2 million euros (460.6 million dollars) in the year ended December 31, 2015, an increase of 16.4 percent over the last year, representing sales growth of 9.5 percent at constant exchange rates. Revenues, including other operating income, […]

REPORTTotal net sales at Zumiez for the fourth quarter ended January 30, 2016 decreased 6.2 percent to 242.4 million dollars from 258.6 million dollars in the quarter ended January 31, 2015. Total net sales for fiscal 2015 decreased 0.9 percent to 804.2 million dollars from 811.6 million dollars in […]

New York - Hugo Boss had a tough last year. In their 2015 figures released today, they reported a net income drop of 5 percent to 354.7 million dollars. Consolidated net income attributable to shareholders was down 4 percent. They did see a rise in group operating profit of 1 percent to 695.6 million […]

New York - Alibaba Group Holding Limited announced today that they have signed a 3 billion dollar deal syndicated loan agreement with eight lead arrangers for five years. The loan, which is subject to upsize through oversubscription in syndication, has a five-year bullet maturity and is priced at 110 […]

John Lewis has firmly proven itself to be the stalwart of the British high street, and its latest annual figures prove the store continues to outperform in a difficult market. The division’s gross sales for the year ended January 30 rose 2.8 percent to 4.56 billion pounds, or up 4.4 percent on a 52-week […]

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