REPORT_ At the end of three months to November 30, 2014, retail sales at Asos increased over 8 percent with over 24 percent rise in UK but below 2 percent decline in international markets. International retail sales stood at 57 percent of the total business compared to 63 percent last year. Retail gross […]

REPORT_ Kering’s board of directors has announced an interim dividend of 1.50 euros (1.85 dollars) per share for the financial year 2014. This interim dividend will be paid on January 26, 2015 on positions closed as of the evening of January 23, 2015. The ex-dividend date will be January 22, 2015 […]

Italian luxury group Prada said Friday its nine-month profit dropped by 27.6 percent to 319.3 million euros (394.9 million dollars, 251.02 million pounds) due to challenging market conditions but expressed confidence in the medium-term outlook for the sector. Sales at the group which also includes brands […]

REPORT_ At the Annual General Meeting today, Charles Sinclair, Chairman of Associated British Foods, provided a current trading for the group since the close of the financial year ended 13 September 2014, saying, like-for-like sales are currently below expectations. Company has attributed it to the […]

REPORT_ J.Crew Group has said that its revenues increased 6 percent to 655.2 million dollars, with comparable company sales decreasing 2 percent. Comparable company sales increased 4 percent in the third quarter last year. Store sales increased 4 percent to 437.8 million dollars on top of an increase […]

REPORT_ L Brands reported net sales of 1.078 billion dollars for the four weeks ended November 29, 2014, an increase of 9 percent, compared to net sales of 988.5 million dollars for the four weeks ended November 30, 2013. Comparable store sales increased 8 percent. The company reported net sales of […]

REPORT_ Mulberry Group announcing its interim results for the six months ended September 30, 2014 said that as reported on October 14, 2014, total H1 revenue declined 17 percent to 64.7 million pounds (101.3 million dollars), compared to 78.1 million pounds (122.2 million dollars). Retail revenue was […]

REPORT_ Delta Apparel reported net sales for the fiscal year ended September 27, 2014, of 452.9 million dollars, versus 483 million dollars in the prior twelve months. The company’s net income was 1.5 million dollars, or 0.19 dollars per diluted share, compared with net income in the prior year […]

REPORT_ November 2014 net sales at Gap increased 6 percent compared with last year. Net sales for the four-week period ended November 29, 2014 were 1.72 billion dollars compared with net sales of 1.63 billion dollars for the four-week period ended November 30, 2013. “Old Navy delivered standout […]

The court of Amsterdam declared Dutch fashion chain Mexx bankrupt on Thursday. Its shops, however, will remain open for the time being. The news comes shortly after the announcement of a new flagship store in Amsterdam and the reopening of the webshop for the holidays. Court-appointed trustee Frits […]

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