REPORT Tom Tailor Group achieved a profitable growth course in the fiscal year 2014 with sales increasing to 932.1 million euros (1,064.3 million dollars) and thus came in at the upper end of the target range of 925 million euros (1,056.2 million dollars) to 935 million euros (1,067.6 million dollars) […]

REPORT The Björn Borg Group’s net sales amounted to 135.3 million Swedish krona (16.1 million dollars) during the fourth quarter, up 36 percent. Excluding currency effects, the increase was 29 percent. The Group’s net sales for the full year 2014 amounted to 538.8 million Swedish krona (64.4 million […]

Asian markets were quite active Wednesday, with Uniqlo-owner Fast Retailing Co Ltd saying it is strengthening oversight of its garment and textile suppliers, after problems with working conditions were recently found at two suppliers in China. Besides the Japanese apparel retailer said it would start […]

The online fashion flash sales retailer has reportedly secured new investment valued at circa 50 million dollars. Gilt has confirmed this round of financing, led by current investor General Atlantic, with participation from other Gilt investors and a new strategic partner. As published by ‘Re/Code’, […]

Snapdeal, one of India’s largest e-commerce sites, announced Wednesday it has purchased Indian high-end fashion e-commerce site Exclusively.com. Snapdeal is now ready to aim for its 2 billion dollars fashion sales target. As further explained by both parties, and despite the acquisition, Exclusively […]

ANALYSIS Shares of Fossil Group Inc. dropped more than 13 percent in Wednesday premarket trading as the company's fourth-quarter results and outlook disappointed investors. The quarterly profit fell 10 cents short per share of that estimated by analysts. Late Tuesday, the watch and accessories company […]

European stocks dropped sharply on Tuesday, weighed by growing concerns over Greece as talks with its euro zone partners broke down on Monday after Athens rejected a proposal to extend its bailout, reported ‘NASDAQ’. It is worth to remember that markets in the Old Continent were nervous as Greece's […]

Coach Board of Directors has declared a quarterly cash dividend of 0.3375 dollars per common share. The dividend would be paid on March 30, 2015 to shareholders of record as of the close of business on March 6, 2015. Coach, established in New York in 1941, is a design house of modern luxury accessories […]

As the majority of fashion companies export their goods, the costs, sales and profitability of their brand can suffer when there is a high fluctuation in currencies. Devaluation of the rouble at the end of 2014, for example, saw companies like Zara, Adidas, New Look and River Island all close stores […]

REPORT Consolidated revenue from continuing operations at the Kering Group amounted 10,038 million euros (11,445 million dollars) in 2014, up 4 percent as reported and 4.5 percent based on a comparable scope and exchange rates. Revenue generated outside the eurozone accounted for 79 percent of sales […]

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