Online tailor A Suit That Fits has exceeded its crowdfunding target of 500,000 pounds, which it plans to use to recruit and train a network of 300 freelance suit fitters, and has now extended its campaign to increase its funding. The London-based business, which believes the bespoke experience should […]

Consumer confidence in the UK increased this month, according to the latest figures from GfK’s Consumer Confidence Barometer, as consumers felt more upbeat about the economic situation and their personal finances. GfK states that the headline index rose three points to 7 in August. In addition, four […]

During a meeting last Wednesday in Dhaka between US ambassador to Bangladesh Marcia Stephens Bloom Bernicat and the Bangladeshi prime minister Sheikh Hasina, the US envoy reaffirmed her country's commitment in terms of helping improve Bangladesh's ready-made garment (RMG) sector. "We are committed to […]

REPORT Destination Maternity Corporation, for the second quarter ended August 1, 2015 said that GAAP net loss stood at 2.7 million dollars or 0.20 dollar per share compared to GAAP net income of 0.3 million dollars, or 0.02 dollars per diluted share, for the three months ended August 2, 2014. On an […]

REPORT J.Crew Group total revenues decreased 5 percent to 593.6 million dollars in the second quarter. Comparable company sales decreased 11 percent following an increase of 4 percent in the second quarter last year. ”Our performance in the second quarter was in line with our expectations. Entering […]

REPORT Announcing unaudited results for the six months ended June 30, 2015, Jimmy Choo said its constant currency revenue growth of 6.5 percent or 5.5 percent at reported rates was driven by retail, which now represents 62.9 percent of revenues. Commenting on the first half performance, Pierre Denis, […]

REPORT Consolidated turnover at Van de Velde in the first half of 2015 rose by 6 percent from 107 million euros (120.4 million dollars) to 113.4 million euros (127.7 million dollars). On a like-for-like basis including comparable deliveries consolidated turnover was up 8.2 percent. This turnover growth […]

ANALYSISHermès has defied all the odds by reporting a 20 percent rise in operating income to 748 million euros for the first half of 2015, despite its heavy reliance on the slowing economy of China. Likewise, half-year sales for the French luxury goods retailer also grew in Japan (+20 percent) and Europe […]

Peter Williams, the founder of and former chief executive of preppy, English brand Jack Wills, is set to take over his former role as the current CEO Wendy Backer exits the role, with immediate effect. His return comes as the label revealed its board and shareholders cancelled plans of float on the […]

REPORT As of June 30, 2015, the Salvatore Ferragamo Group posted total revenue of 722 million euros (814.8 million dollars), registering a 10 percent increase at current exchange rates including the negative hedging effect of 23 million euros (25.9 million dollars). Revenue growth at constant exchange […]

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