REPORTNike for its fiscal 2016 third quarter ended February 29, 2016 said that strong consumer demand drove revenue growth across the Nike brand portfolio. Diluted earnings per share grew 22 percent, primarily due to revenue growth, a lower effective tax rate and a lower average share count. “In the […]

REPORTNet sales for the fiscal year ended January 31, 2016 at G-III Apparel Group were up 11 percent to 2.34 billion dollars from 2.12 billion dollars in the prior year. The company said that the full year sales growth was driven by strong performances from many of the company's wholesale businesses, […]

With just a few days left to its fiscal year end in March 2016, Alibaba's China retail marketplace platforms have surpassed three trillion yuan mark in gross merchandise value (GMV) (around 476 billion dollars). The number indicates 23 percent rise in GMV year-on-year against 46 percent growth recorded […]

REPORTFor the fourth quarter of fiscal 2016, Guess recorded net earnings of 47.8 million dollars, an 11.4 percent decrease. Diluted earnings per share decreased 9.5 percent to 0.57 dollar with negative impact of currency of around 0.19 dollar per share. Net earnings for the fiscal year ended January […]

Despite the convention advising against mixing love and business, reality is that singer turned into fashion designer Victoria Beckham couldn´t have found a better financial partner that her partner in life. As per the accounts lodged at Companies House for fiscal year 2014, ownership of the fashion […]

ANALYSISAfter yet another weak quarter, Aeropostale has made public its intentions of exploring a sale. The teen apparel retailer saw its shares tank by over 40 percent right after making the announcement. Precisely, Aeropostale’s stock closed down 45.83 percent at 25 cents a share, after disclosing […]

It has been a tough year for American retailer J Crew, who this week reported another decline in sales in the last quarter. While overall the J Crew Group saw profits boosted by a buoyant Madewell brand - sales jumped 26 percent to 92.5 million dollars, sales of its flagship brand J Crew fell 2.6 percent […]

Volcom, part of Kering’s Sport and Lifestyle portfolio, confirmed that it has sold the premium sportswear brand Electric via a management buyout led by Electric’s chief executive officer, Eric Crane. Electric is a Californian premium sports and lifestyle brand, rooted in Southern California’s rich action […]

REPORTTed Baker has reported strong results for the 52 weeks ended 30 January 2016. Group revenue for the period increased by 17.7 percent (17.0 percent in constant currency) to 456.2 million pounds. Profit before tax and exceptional items increased by 18.6 percent to 58.7 million pounds and profit […]

ANALYSISThe fashion label created by Thomas Meyer has started its restructuring plan after selling 3 percent less in 2015 than in 2014 and see reduced its gross operating profit by 24 percent over the previous year. These data have not gone unnoticed by the French investment fund Eurazeo, which last […]

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