Tom Tailor Management Board has confirmed its sales forecast and expects to see moderate growth in net sales, in the range of 945 million euros (1,068.9 million dollars) and 955 million euros (1,080 million dollars) after reporting 932 million euros (1,054.1 million dollars) in the previous year. The […]

REPORT After the high street brand River Island entered the kids’ wear business with River Island Mini in April 2014, the company reported 70 percent jump in profits. The company said that profits increased to 149.1 million pounds (231.6 million dollars) against 88 million pounds (136.7 million dollars) […]

New York - Italian luxury fashion house Marni has entered an agreement with Marchon for the production and distribution of their eyewear line. Marni's Creative Director Cosuelo Constiglioni designed the eyewear line. The optical frames will be launched in spring 2016, and will be sold in both the brand's […]

The Swiss lingerie group keeps moving towards its business concentration goal. After divesting from menswear brand HOM, Triumph has just sealed the sale of cheap fashion brand Dorina to a Hong Kong company. Full concentration on the core business with an emphasis on Triumph and Sloggi brands is the […]

ANALYSISParadoxically, Asia, the market that most headaches is causing to the heavyweights of international fashion, has become the main engine of growth for Inditex. During the first six months of fiscal 2015, the largest fashion retailer in the world, enjoyed steady growth in Asia, where a 3.5 percent […]

Milanese concept store, 10 Corso Como is seeking a court settlement to avoid filing Chapter 11, as the company which manages its distribution under a licensing agreement, Dieci Srl, owes the Italian state over 4 million euros in accumulated debts. Carla Sozzani, who founded 10 Corso Como in 1990 and […]

Amancio Ortega, the founder of the fast-fashion empire Inditex, could have never predicted the success of his Spanish fashion empire when he opened the first Zara store in 1975. Fast-forward 40 years later and Ortega is poised to surpassed Microsoft co-founder, billionaire Bill Gates in the Forbes Fortune […]

Bangladesh wants to intensify its export efforts, planning to diversify both products and destinations, particularly to Russia and other countries of the Commonwealth of Independent States (CIS), where it also plans to open its first RMG warehouse outside of Bangladesh. “The country has so far only […]

REPORT JD Sports Fashion revenues improved 21 percent during the 26 weeks ended August 1, 2015 to 809.9 million pounds (1,242.5 million dollars). As anticipated by the company, like for like sales across all Group fascias, including those in Europe, increased by more than 10 percent. Commenting on the […]

REPORT Ahead of its Annual General Meeting to be held today in Geneva, Richemont has said that its sales for the five months ended August 31, 2015 increased by 4 percent at constant exchange rates and 16 percent at actual exchange rates, positively impacted by the weakening of the euro against the US […]

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