REPORT In 2014, the Hermès group's consolidated revenue totaled 4,118.6 million euros (4,669.9 million dollars), an 11.1 percent rise at constant exchange rates. After adjusting for the negative impact of currencies, primarily due to the weakness of the Yen, growth was 9.7 percent. In the fourth quarter, […]

On Wednesday, markets worldwide witnessed a great deal of activity within the apparel and fashion niches, with the likes of Sports Direct, New Look, and Chico's FAS centering all the attention. In the UK, both Sports Direct and administrators for collapsed fashion retailer USC are facing an investigation […]

REPORT Zalando revenues grew by about 26 percent to 2.2 billion euros (2.4 billion dollars) in 2014 against 1.8 billion euros (2 billion dollars) in 2013, according to preliminary figures. In the fourth quarter of 2014, group revenues grew by about 21 percent to 666 million euros (753.4 million dollars) […]

REPORT Skechers USA reported that net sales for fiscal year 2014 were 2.378 billion dollars compared to net sales of 1.846 billion dollars in 2013. Gross profit for 2014 was 1.072 billion dollars or 45.1 percent of net sales compared to 818.8 million dollars or 44.4 percent of net sales in 2013. Earnings […]

Pepe Jeans and Hackett, part of the Pepe Jeans Group, have been bought by Lebanese group M1 and LVMH subsidiary L Capital Asia. Further to our report in January, the sale dragged on for nearly 6 months and M1 has now managed to bring the deal to a close. Pepe Jeans, founded in London in 1973, is currently […]

British premium activewear brand Sweaty Betty has received a “strategic growth investment” from US-based private equity firm Catterton to support its growth and expansion in key markets, including the US. Terms of the investment from Catterton have not been disclosed, although the statement did confirm […]

Small businesses are being warned that they could come under attack from “unprecedented levels of attempted fraud” this month, as instances of fraud rockets by as much as 80 percent in February, according to new data from Worldpay UK. The research found that SMEs operating online needed to be prepared […]

Private equity firm Sycamore Partners is reportedly in talks to buy apparel retailer Chico's FAS Inc. According to sources close to the matter quoted by Reuters, the private equity firm would be trying to secure debt financing for a deal that could reach 3 billion dollars. Same sources, who have chosen […]

High street fashion chain New Look is upbeat for 2015, despite having suffered a sales drop in Q3 with the unseasonably warm weather. The company, which saw revenue fall 1.6 percent in the quarter, had a strong Christmas, with sales up 4.1 percent. In numbers, operating profit was up 1.8 percent to […]

Fashion group BCBG Max Azria has received a 135 million dollar cash infusion from investors as it looks to strengthening its capital structure by restructure its debt and strengthening its balance sheet, to reposition the company for “positioned future growth”. In a short statement, company-founder […]

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