Consumer confidence continues to increase following a rebound in December and another rise in January, according to figures released by GfK in its latest Consumer Confidence Barometer. The Consumer Confidence Index climbed by five points in January to 1, with all five measures used to calculate the […]

Department store chain John Lewis has reported that fashion sales in the week to January 24 were up 10 percent, as its post-Christmas clearance drew to a close. It was the womenswear that performed particular well for the fashion department, up 15.5 percent year-on-year. Other standout departments were […]

REPORT HanesBrands for the full-year 2014 reported net sales increase of 15 percent, with adjusted operating profit increasing 28 percent, and adjusted EPS rising 45 percent. Net sales for the fourth quarter increased 18 percent to 1.52 billion dollars compared with the year-ago quarter. On a constant-currency […]

REPORT Deckers Brands in its financial results for the third fiscal quarter ended December 31, 2014 said that its net sales increased 6.6 percent to 784.7 million dollars compared to 736 million dollars for the same period last year. Gross margin increased 180 basis points to 52.9 percent compared to […]

REPORT Salvatore Ferragamo for the fiscal year 2014 reported preliminary consolidated revenues of 1,332 million euros (1,508 million dollars) up by 5.9 percent at current exchange rates and by 6.5 percent at constant exchange rates against FY 2013 figures. The Asia Pacific area is confirmed as the group's […]

Following the success of similar charters signed in Italy and France, the Kering Foundation has signed a charter with charity Women’s Aid to help prevent and combat violence against women in the UK. The charter, which was signed by François-Henri Pinault, Chairman and CEO of Kering and President of […]

REPORT Kate Spade & Company provided preliminary 2014 full-year results, as well as summary guidance for 2015. For the 2014 full year, the company expects to report a net sales increase of over 40 percent compared to last year, to a range of 1,130 million dollars to 1,140 million dollars. The company's […]

REPORT Coach reported sales of 1.22 billion dollars for its second fiscal quarter ended December 27, 2014, compared with 1.42 billion dollars reported in the same period of the prior year, a decrease of 14 percent. On a constant currency basis sales declined 12 percent for the quarter. Net income for […]

Chinese e-commerce giant Alibaba has complained of 'misconduct' after local regulators accused the company of turning a blind eye to the sales of counterfeit goods on sites such as Taobao and Tmall. A report published by the Chinese government body SAIC (Trade and Commence) claimed that Alibaba allowed […]

ANALYSIS Swedish fashion apparel retailer Hennes & Mauritz is set to a star year: after reporting its strongest annual profit in eight years, H&M will be conquering the market in Latin America, Asia and the US. Hennes and Mauritz AB (H&M) reported Wednesday its steepest gain in annual profit since 2007. […]

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