, a startup online platform which brings together the top fashion websites in a single destination, has announced the closure of a 1.7 million dollar (1.09 million pounds) seed funding round, led by Copenhagen-based North East Venture Capital and The Danish Growth Fund. The online company […]

REPORT_ Group revenue was 828 million Danish Krone (138.4 million dollars) in the first quarter of 2014/15, an increase of 1 percent or 3 percent in local currency compared to the same period last financial year. Revenue increased for all three premium brands by a total of 7 percent in local currency, […]

REPORT_ According to preliminary figures, the retail segment of Gerry Weber International generated sales revenues of round about 404 million euros (503.2 million dollars) compared to previous year figure of 363.7 million euros (452.6 million dollars) in the financial year 2013/14. This represents an […]

REPORT_ Salvatore Ferragamo for the nine months ending September 30, 2014, posted total revenues of 957 million euros (1,191 million dollars), with a 5 percent increase at current exchange rates, over the 915 million euros (1,138 million dollars) recorded at the nine months end in 2013. Revenues growth […]

The Aid by Trade Foundation (AbTF), Africa's largest cotton initiative, now offers organic cotton according to the CmiA Organic Standard for the first time as part of its Cotton made in Africa (CmiA) initiative. "The new CmiA Organic Standard will benefit both the more than 9,000 successfully verified […]

REPORT_ Dillard's reported net income for the 13 weeks ended November 1, 2014 of 55.2 million dollars, or 1.30 dollars per share, compared to net income of 50.9 million dollars, or 1.13 dollars per share, for the prior year third quarter. Dillard's Chief Executive Officer, William T. Dillard, II, stated, […]

REPORT_ Kohl’s Corporation in its results for the third quarter and year-to-date period ended November 1, 2014 said that its sales for the quarter stood at 4,374 million dollars compared to 4,444 million dollars in the same quarter last year, representing a marginal decrease of 1.6 percent. Year-to-date […]

REPORT_ The first nine months of this fiscal year were challenging for Tod's. The Italian fashion and accessories group reported earnings before interest, tax, depreciation and amortisation (EBITDA) of 168.8 million euros, a dip of 21.6 percent and lower than an analyst's consensus by Thomson Reuters. […]

REPORT_ Ted Baker reported a 15.7 percent increase in group revenue for the 13 week period from August 10, 2014 to November 8, 2014, compared to the same period last year. Retail sales for the period increased by 12.7 percent or 14.7 percent in constant currency. Commenting on trading, Ray Kelvin CBE, […]

REPORT_ Comparable sales together with comparable sales of departments licensed to third parties at Macy’s were down 0.7 percent in the third quarter of 2014 over 2013. Third quarter comparable sales exclusive of licensed businesses were down 1.4 percent in 2014 compared with 2013. Total sales […]

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