The Italian footwear brand reported a sales growth of 6.7 percent during the first half of 2015. Of the 426.9 million euros noted in consolidated sales, footwear meant a 91 percent or 390.4 million euros. "We have presented a significant growth in this half year - said Mario Moretti Polegato, shareholder, […]

Uniqlo owner, Fast Retailing Co Ltd, and the operator of 7-Eleven convenience stores are planning to enter into a partnership to turn 7-Eleven stores in Japan into pick-up spots for online purchases of Uniqlo clothing. A person familiar with the matter quoted by Reuters pointed out that this joint venture […]

‘Service charge’ to over 2.7 million customers has turned into an extra source of income for high street champion chain Next. The British fashion retailer has pocketed almost 170 million pounds in interest charges from shoppers. According to data collated by the ‘Guardian’, latest financial results […]

London-based designer independent Wolf & Badger has acquired online accessories marketplace Boticca for an undisclosed sum. Bottica.com will become part of the Wolf & Badger brand and platform with immediate effect, as the retailer looks to create a “world-class omni-channel retailer for independent […]

Los Angeles - Polyvore has become increasingly popular as an online e-commerce retail destination. Recently, Yahoo announced that it would be acquiring the favorable e-tailer. Polyvore is an engaging shoppable website that encompasses a community of makers, retailers, and buyers. Yahoo decided to acquire […]

REPORT Gildan reported net earnings of 99.4 million dollars or 0.41 dollars per share on a diluted basis for the three months ended July 5, 2015, compared with net earnings of 116 million dollars or 0.47 dollars per share on a diluted basis for the three months ended July 6, 2014. Consolidated net sales […]

Zovi, an India-based online men’s fashion retailer, has raised 50 million dollars to build a mobile-only app to list a large number of “hyper-local” deals offered by offline merchants to consumers online. The fundraising has been led by One97 Communications, which operates Paytm, a mobile wallet and […]

In a call with analysts to discuss second-quarter and first-half results, LVMH said its Donna Karan and Marc Jacobs brands were being restructured under new management teams and that Marc Jacobs was suffering from wholesalers' "wait-and-see attitude". "We are in the eye of the hurricane," LVMH’s Finance […]

REPORT JD Sports Fashion, updating its performance in the first half of the year has said that the business has continued to be strong with like for like sales remaining in excess of management forecasts. However, the company has suffered some loss of margin from the weakness in the euro in JD’s euro […]

REPORT HanesBrands said that its second quarter results were driven by continued acquisition benefits, global supply chain performance and margin expansion. Net sales increased 13 percent to 1.52 billion dollars in the quarter ended July 4, 2015, while adjusted operating profit excluding actions increased […]

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