Two shareholders in Zalando, Europe's largest dedicated online fashion retailer, sold 244 million euros worth of stock representing 3.36 percent of the company's share capital in a quick sale process on Wednesday. As reported by Bloomberg, the circa 8.3 million shares were placed at 29.5 euros each, […]

REPORT For 13 weeks to June 27, 2015, general merchandise gross margin showed an improvement at Marks and Spencer (M&S). The company said that it is on track to deliver full year gross margin guidance of 150 to 200 bps driven by ongoing sourcing initiatives. Sales during the period were marginally up […]

Shares in Jimmy Choo rose earlier this week right after Barclays initiated coverage with an 'overweight' recommendation and a price target of 208 pence on the shares. The bank expects stronger growth for the designer shoemaker than for its sector peers. "We see the brand as well positioned with a sub-3 […]

REPORT For the four months to June 30, 2015, retail sales at Asos were up 20 percent. UK retail sales increased over 27 percent and international retail sales 16 percent. International retail sales are now 59 percent of the total sales compared to 61 percent last year. Retail gross margin was up 280bps […]

REPORT Consolidated turnover at Van de Velde in the first half of 2015 rose by 6 percent from 107million euros (118 million dollars) to 113.4 million euros (125.1 million dollars). On a like-for-like basis including comparable deliveries consolidated turnover was up 8.2 percent. The company’s turnover […]

New York - Puma has a new partner, and that would be luxury fashion conglomerate Kering Eyewear. The German sportswear company will be partnering with Kering on their line of sunglasses and optical frames. Puma's current eyewear partner is Charmant, but, once that licensing agreement ends in January […]

The Hut Group is reportedly poised to raise new funds that will push the company's valuation to close to 1 billion pounds. Media reports that the retail group would be working with investment bankers at Barclays to sell between 50 and 100 million pounds of new shares. Sky News has learnt that The Hut […]

The market anticipates Marks and Spencer to have suffered another blow in its attempts to get its clothing business back on track, mainly due to cool weather in May and June dampened sales. Britain’s biggest high-street clothing retailer is expected this week to report a slide in like-for-like sales […]

US-based casual and active apparel retailer Aeropostale has signed a licence agreement with Arvind Lifestyle Brands and will start opening a store by March 2016. Aeropostale's expansion plans in India include the opening of 50 standalone stores, 150 shop-in-shops in select locations, and e-commerce […]

The Hurun Research Institute’s latest release of ‘UK Engaging the Chinese Private Sector Report 2015’ covers investments made by the Chinese private sector into the UK, as well as the UK brands that have had the greatest impact on the Chinese luxury consumer. The report highlights key points of engagement […]

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