REPORT L Brands, reported net sales of 826 million dollars for the four weeks ended August 29, 2015, an increase of 8 percent, compared to net sales of 765.3 million dollars for the four weeks ended August 30, 2014. Comparable store sales increased 6 percent for the four weeks. The company reported […]

The race to take over Dutch lingerie giant Hunkemöller continues, in spite of industry speculation earlier last month claiming US private equity firm Sycamore Partners was close to sealing the deal. Three candidates are said to be interested in acquiring the lingerie brand, and Sycamore is not among […]

Levi’s just recently announced its newest deal in apparel. The company decided to join forces with start-up Re/Dun to pay royalties for Levi’s secondhand garments. Re/Dun, launched in 2014 by founders Sean Barron and Jamie Mazur, gained a reputable standing as a sustainable, vintage denim brand. Teaming […]

REPORT G-III Apparel Group, for the quarter ended July 31, 2015, reported that net sales, driven by robust wholesale and retail performance, increased 12 percent to 474 million dollars from 424 million dollars in the year-ago period. The company's net income increased to 12.5 million dollars from 6.2 […]

REPORT Vera Bradley net revenues from continuing operations totalled 120.7 million dollars for the second quarter ended August 1, 2015, compared, an increase of 1.5 percent. For the six months ended August 1, 2015, net revenues were 221.8 million dollars compared to 231.2 million dollars for the six […]

REPORT The IC Group’s continuing operations generated revenue of 2,638million Danish krona (397.9 million dollars) for 2014/15 corresponding to an increase of 2.9 or 4.9 percent in local currency. The operating profit of 207 million Danish krona (31.2 million dollars) was in line with expectations. […]

REPORT August 2015 same-store sales at Uniqlo Japan, a part of Fast Retailing Group increased by 2.5 percent year on year while sales at its directly-run stores increased by 3 percent. Total sales including online sales increased by 3.9 percent during the month. The company has attributed the rise in […]

The British luxury market could nearly double to as much as 57 billion pounds by 2019, according to a new report by Frontier Economics commissioned by Walpole, the British luxury trade alliance that counts Burberry and Harrods as members. The report found that the luxury market contributed 32.2 billion […]

REPORT French retail group SMCP has reported a 32 percent jump in first-half revenues. The chain, which sells fashion labels Sandro, Maje, and Claudie Pierlot marked its fifth consecutive growth year driven by like-for-like growth in all key regions including Europe, North America and Asia, including […]

London - Black Friday this year is expected to become the UK’s first 1 billion pounds online shopping day, according to new research from digital commerce consultancy Salmon. The global commerce agency has predicted that this year’s event on November 27 will grow 17.6 percent compared with last year, […]

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