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 […]

REPORT Perry Ellis International, based on its preliminary results for the fourth quarter and full year said that fiscal 2015 revenue is expected to approximate 890 million dollars, as compared to 912 million dollars in fiscal 2014. Adjusted diluted (EPS) are expected in the range of 0.50 dollar to […]

Board of Directors of DSW approved a quarterly dividend of 0.20 dollars per share, an increase of 6.7 percent from the 0.1875 dollars per share announced last quarter. The dividend is payable March 31, 2015 to shareholders of record at the close of business on March 20, 2015. The company will conduct […]

REPORT Wolverine Worldwide, for the fiscal year ended January 3, 2015 reported consolidated revenue of 2.76 billion dollars, representing growth of 2.6 percent versus prior year revenue of 2.69 billion dollars. High single-digit growth from the Heritage Group and mid-single-digit growth from the Performance […]

Administrators of fashion label Josh Goot are seeking expressions of interest for the business and assets of the company, which collapsed into voluntary administration earlier this month. As reported by Australian media, an advertisement in Monday’s ‘Australian Financial Review’ would indicate that […]

Italian fashion brand OVS has started the public offering and subscription of shares as of February, 16-24. After the IPO, the company will be floating on March, 2 at the Milan Stock Exchange. The transaction will see 101 million shares on offer or 44.5 percent of the company’s total capital. This shares […]

REPORT In comparison with last year, consolidated sales in the fourth quarter at Puma recovered and rose from 698.3 million euros (797 million dollars) to 750.8 million euros (856.8 million dollars), which represents a currency adjusted increase of 6.3 percent. For the full year, consolidated sales […]

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