REPORT_ While on September 30, Next had said that it expected to reduce its sales and profits if colder weather did not materialise during October. Since October remained warm, the company said sales for the third quarter were up 5.4 percent, compared to its original expectation of over 10 percent. […]

REPORT_ Ralph Lauren Corporation reported net income of 201 million dollars, or 2.25 dollars per diluted share, for the second quarter of fiscal 2015, compared to net income of 205 million dollars, or 2.23 dollars per diluted share, for thesecond quarter of fiscal 2014. Net revenues for the second quarter […]

Patrik Frisk, former Coalition President for VF Corporation Outdoor Americas division is set to exit the company to become Chief Executive Officer of footwear retailer Aldo Group. Frisk is set to succeed Aldo's current CEO, Rejean Dionne, who will retire from the company next month. “After over 10 wonderful […]

This week could see the start of financial negotiations for the sale of Pepe Jeans Group, which controls labels Pepe Jeans and Hackett London, valued between 700 million euros and 800 million euros. According to French newspaper, Les Echos, the company's shareholders, which include investment firms […]

UKTI, the UK's trade and investment body that supports growing fashion businesses by supporting their export success, is to cut its funding for international trade shows. When fashion companies register for international trade shows theycan apply for a grant via TAP, the Tradeshow Access Programme, […]

REPORT_ Coach has reported sales of 1.04 billion dollars for its first fiscal quarter ended September 27, 2014, compared with 1.15 billion dollars reported in the same period of the prior year, representing a decrease of 10 percent. On aconstant currency basis sales declined 9 percent for the quarter. […]

Arcadia Group has strengthen its management team with the appointment of Matt Brewster, former Chief Operating Officer at Speedo International, as Commercial Director for Topman and Topshop, effective from January. Brewster, who isset to leave his current role at Speedo by the end of the year, will […]

REPORT_ Crocs, reporting its financial results for the third quarter ended September 30, 2014 said that company’s GAAP revenues increased 4.8 percent to 302.4 million dollars, in line with previously provided guidance of 300 million to305 million dollars. On a constant currency basis, revenue […]

REPORT_ Kohl’s Corporation updating its FY 2014 earnings per share guidance said, it expects comparable sales to decrease 1.4 percent in the third quarter, since October sales have been softer than the balance of the quarter.Geographically, the company expects sales to be consistent across all […]

REPORT_ Shop Direct in its full year results for the 12 months to June 30, 2014 announced that the group sales went up 3 percent to 1.74 billion pounds (2.80 billion dollars). Its digital department store Very.co.uk delivered sales growth of 23.1 percent and is now the biggest brand in the group with […]

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