REPORT Laura Ashley Holdings, for the 53 weeks to January 31, 2015, increased profit before taxation by 14.6 percent to 23.5 million pounds (34.4 million dollars). Total group sales went up 3.1 percent to 303.6 million pounds (444.3 million dollars)and retail like-for-like sales increased 1.3 percent. […]

Tempe, the Spanish shoe manufacturer that produces all the footwear lines for the eight brands of Inditex group, has closed 2014 with a record turnover of 963 million euros. As stated in the annual report that Inditex presented to the Spanish market regulator (Comisión Nacional del Mercado de Valores […]

French fashion group Vivarte is going through a major restructuring. The retailer announced a 1,600 jobs cut right after it reported a 10.3 percent dip in turnover over the last fiscal year. As a consequence, nearly 1 in 3 clothing stores will close in the coming months. Vivarte – parent group to brands […]

ANALYSISBritish fashion retailer Bonmarché saw its shares fail after market closed Friday as the company recognized that “difficult” trading conditions on the High Street hit sales in the first quarter. The stock lost 5 percent in London. The company, which sells clothes for women aged over 50, said […]

Dutch fashion group Etam has asked for court protection from creditors to avoid bankruptcy. The high street chain has some 200 outlets in the Netherlands and operates the Miss Etam and Promiss labels. According to ANP, the retailer is hoping to be able to re-launch with new investors, after having been […]

REPORT L Brands reported rise in net sales of 6 percent to 981.2 million dollars for the five weeks ended April 4, 2015, compared to net sales of 923.7 million dollars for the five weeks ended April 5, 2014. Comparable store sales for the period increased 9 percent and the company has said that the […]

REPORT Gap net sales for the five-week period ended April 4, 2015 increased 1 percent to 1.53 billion dollars compared with net sales of 1.51 billion dollars, same month, last year. Comparable sales for March 2015 were up 2 percent versus a 6 percent decrease last year. “We are especially pleased with […]

REPORT The Fast Retailing Group reported increases in both revenue and profit in the first half of fiscal 2015, or the six months from September 2014 to February 2015. Revenue rose 24.2 percent year on year and operating profit expanded 40.2 percent. All three business segments reported increases in […]

From winter semester 2015/16 onward, the International School of Management (ISM) will offer a new international master's program - Luxury, Fashion & Sales Management - at its campuses in Cologne and Hamburg. With the new program, ISM wants to prepare its students systematically for a career in the […]

Struggling French retailer Vivarte has announced a round of massive layoffs at various chains. The cuts will include 1,344 jobs at La Halle, 105 at Andre, and 32 at Kookai. Out of the 608 stores they own, 197 stores will shutter their doors, including 23 that were transferred to other banners of the […]

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