Indonesian fashion e-commerce retailer and brand partner start up Vela Asia announced the closure of series A funding, worth 1.5 million dollars. The fundraising has been led by Singapore-based Majuven, an early stage and growth stage VC fund. As reported by ‘Deal Street Asia’, the funds will go towards […]

Analysts at Goldman Sachs believe that the equity value of OVS can be set in a range of between 1.1 and 1.4 billion euro, following a capital increase of 350 million euro. Goldman Sachs is reportedly getting such an assessment on the basis of the estimates in 2015 and assuming a capital increase of […]

ANALYSIS Michael Kors (NYSE:KORS) delivered a strong third quarter in terms of earnings, delivering earnings per share of 1.48 dollars, well ahead of analyst expectations for 1.34 dollars per share. However, the retailer disappointed many in the market, as the - until now - unstoppable brand has become […]

REPORT L Brands registered net sales of 783.1 million dollars for the four-week period ended January 31, 2015, an increase of 7 percent compared to sales of 731.2 million dollars for the four-week period ended February 1, 2014. Comparable store sales for the four weeks increased 7 percent. Net sales […]

Next cheered both market and investors on Thursday with the announcement of an special dividend of 50 pence per share. On the wake of the announcement, the stock reached 7,125 pence a piece, what implies a 16 percent surplus year-on-year. As highlighted by ‘The Motley Fool’, Next´s closing price represents […]

REPORT Delta Apparel has reported net sales of 93.4 million dollars for its fiscal 2015 first quarter ended December 27, 2014, versus 100 million dollars for the comparable 2014 period. Continued solid growth in Salt Life and on all of the company’s e-commerce sites was offset by lower sales in other […]

Thursday left with another myriad of corporate announcements, being that of Michael Kors and Bebe the ones catching everyone´s attention. In London, Austin Reed Group’s creditors have approved the “likely” closure of 31 stores across the UK and other measures outlined in the business’s Company Voluntary […]

REPORT The Cato Corporation has reported sales of 54.9 million dollars for the four weeks ended January 31, 2015, an increase of 14 percent from sales of 48.1 million dollars for the four weeks ended February 1, 2014. Same-store sales for the month increased 14 percent from last year. Sales for fiscal […]

REPORT Michael Kors revenues for the third quarter ended December 27, 2014 increased 29.9 percent to 1.3 billion dollars from 1 billion dollars in the third quarter of fiscal 2014. On a constant currency basis, total revenue increased 32.6 percent. Retail net sales increased 37 percent to 689.4 million […]

REPORT The Board of Directors of Yoox, in its preliminary results for the year ending December 31, 2014 said that in 2014, the Group recorded consolidated net revenues, net of returns and customer discounts, of 524.3 million euros (598.5 million dollars), up 15.1 percent or over 17.7 percent at constant […]

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