REPORT Sales at Puma were up by 4.4 percent currency-adjusted and over 13.2 percent reported to 821 million euros (923 million dollars), driven by growth across all regions and footwear. Gross profit margin was down owing to foreign currency impact. The company launched Puma Ignite running shoe technology […]

In a time when many big names in the high street are struggling, Next has been growing strength to strength. The British retailer reported a 3.2 percent improvement in sales for the first quarter of the year with many in the industry praying the company’s management for the positive results. “Next’s […]

The investment firm Clayton Dubilier & Rice (CD&R), which counts former Tesco boss Sir Terry Leahy among its advisers, is reportedly putting a bid together for high street fashion chain New Look. According to Sky News, CD&R has held talks with Chinese group CDH to put in an offer for New Look, which […]

REPORT Hugo Boss remained on its growth path in the first quarter of 2015, with the group reporting sales of 668 million euros (750.3 million dollars), representing a rise of 9 percent on the prior year. The company expects sales and profit growth to accelerate compared to the first quarter as the year […]

"2014 is Chanel’s best year ever ... We have grown well, I would say with a significant growth. We are very satisfied," said Bruno Pavlovski, the number of Chanel’s fashion division. According to market sources, the French fashion house would have registered revenues of 5.6 billion euros for the past […]

Boston-based investment firm Berkshire Partners has become the last financial backer of athletic and training gear manufacturer Implus Corporation. The new investor has acquired a majority stake in the apparel company. Deal terms have not seen light as yet, although both parties have shared their satisfaction […]

American company XPO Logistics has agreed to buy a majority interest in French logistics business Norbert Dentressangle in a deal worth 3.24 billion euros. Founder Norbert Dentressangle is selling his family's 67 percent stake in the Lyon-based company to XPO Logisitics, while the US company will launch […]

ANALYSISBritish fashion catalogue retailer N Brown revealed a fall in full- year profits due to the unseasonably mild autumn and the efforts the retailer has been making lately to turn around its figures. It is worth of remembering that N Brown issued two profit warnings last year following a difficult […]

The new addition to the British Royal Family has been largely cherished already, with national retailers taking the lead at the time to congratulate the Dukes of Cambridge...and themselves. According to experts, the Dukes of Cambridge’s daughter will bring in around 150 million pounds to the UK economy […]

Analysts at Nomura, the private bank, have recently highlighted different investment opportunities to benefit from apparel, fashion and retail recovery worldwide, from e-commerce in India to cheaper European buys. Fraser Ramzan, an analyst at the Japanese bank, downgraded the Europe’s retail sector […]

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