REPORT Fashion retailer Gerry Weber International said its annual earnings before interest, taxes, depreciation and amortisation or EBITDA rose by 5.3 percent year-over-year to 134.2 million euros from 127.4 million euros, corresponding to an increase of the EBITDA margin from 15.0 percent to 15.7 percent. […]

Huber Group has acquired French men’s underwear brand Hom from the Triumph Group, as it sets its sights on expanding its activity in the premium men’s underwear category. Hom had been part of the Triumph Group for 28 years, but its sale is part of Triumphs strategy to refocus its brand portfolio, concentrating […]

REPORT In its full-year report, H&M Group said that well-received collections for all brands resulted in good sales and increased market share. The H&M Group’s sales including VAT increased in local currencies by 14 percent during the financial year ending November 30, 2014. Converted into Swedish Krona, […]

Footwear label Shoon is reportedly up for sale again, less than one year after the business was sold off to the former directors of Jones Bootmaker. Last January saw industry veterans Ken Bartle and Peter Philipps agree to takeover Shoon from turnaround firm GA Europe. Now news has emerged that the […]

UAE e-commerce retailer Namshi said on Monday it has opened a new and expanded warehouse facility to cope with increasing orders. The online fashion and lifestyle retailer said the storage facility is eight times larger with the capability to house 1.7 million additional stock items. "Following robust […]

Arcadia, the textile empire of Sir Phillip Green, is exploring the sale of affordable apparel BHS. “We have had several approaches on BHS over the past few months. It is now in the company’s plan to explore whether any of these can be brought to a conclusion,” the company said. A spokeswoman for Sir […]

The Royal Mail has its sights set on working more closely with clothing and footwear retailers and deliver heavier packages, as the company fights for it's share of the UK parcel market from a growing number of contenders. According to the Royal Mail trading update, the UK parcel division oversaw the […]

Majid Al Futtaim, the leading shopping mall, retail and leisure group across the Middle East and North Africa (MENA) is extending its long-term strategic partnership with Authentic Brands Group to accelerate the Juicy Couture brand across the Middle East. As exclusive retail and wholesale distributor, […]

Gap Inc. has unveiled plans to close Piperlime, its predominately online designer-fashion brand, by the end of April this year. Piperlime, which Gap states is its smallest brand, with less than 100 million dollars a year in sales accounting for just 1 percent of its parent company’s revenue, will see […]

In its first trading update after going public in October 2014, Jimmy Choo has not only defied industry's fears about a slowdown in Asia but also proved that being a quoted company works well for them. Luxury shoe maker Jimmy Choo has reported a like-for-like sales increase of 5.7 percent, highlighting […]

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