REPORT Three of German ecommerce investor Rocket Internet-backed top online start-ups are expected to break even by the end of 2017. The company said its top 12 start-ups, or its ‘proven winners’ saw average weighted net revenues jump 142 percent to 1.37 billion euros (1.5 billion dollars) in the first […]

S portswear giant Lacoste won EU court backing on Wednesday to block a Polish competitor from snapping up a variant of the crocodile logo it upheld as the French firm's trademark. The General Court of the European Union, the bloc's second highest court, ruled that the caiman logo that Mocek and Wenta […]

UK consumer confidence has fallen in September due to a “depressed back-to-school mood” leading consumers to feel less positive about the wider economy and their personal finances, according to GfK’s Consumer Confidence Index. The index shows that all five measures used to calculate consumer confidence […]

REPORTSteilmann SE Group said that its revenue increased 0.7 percent to 417 million euros (468.4 million dollars) in the first half to June 30, 2015. Retail segment revenues increased by 3 percent to 315.2 million euros (354 million dollars) and EBITDA increased by 31.7 percent. “Our new group structure […]

ANALYSIS The first half of 2015 has been of spectacular growth for Moss Bros (MOSB), mainly driven by online sales, the suit hire business and its foray into the Middle East. With total sales for the period jumping by 10 percent to 61.3 million pounds, the formal menswear retailer has gained the City´s […]

Trading as a public company suits OVS well. The Italian fashion group has posted net turnover of 20 million euros for the first six months of the year with, compared with a loss of 14.7 million euros recorded in the same period in 2014. The company was listed on the stock exchange on March,2, a movement […]

Denim label Diesel announced a new organizational structure on Tuesday to ensure a more cohesive directional management of its brand. Named Diesel Europe, the new structure was developed to ensure consistency of the brand's vision and effectiveness in its ongoing business approach. General Management […]

Due to the ongoing Chinese stocks generalised plunge, Alibaba Group Holding Ltd., is moving ahead with its 4 billion dollars’ worth of shares repurchase plan over two years. JD.com Inc. has authorised 1 billion dollars for the same purpose. The selloff that has pushed an index of U.S.-traded Chinese […]

German apparel retailer Steilmann SE will soon trade as public company. The fashion group is preparing an initial public offering (IPO) by which the company aims to offer new shares and to list its entire share capital on the regulated market (Prime Standard) of the Frankfurt Stock Exchange in 2015. […]

British private equity firm Lion Capital, formerly the owner of Jimmy Choo, is reportedly considering a takeover of luxury shoe retailer Kurt Geiger. According to people familiar with the matter quoted by Sky New, Lion Capital, who along with a number of bidders presented initial offers on Monday, is […]

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