REPORT_ For the 26 weeks ended September 27, 2014, New Look reported like-for-like sales rise of over 6.9 percent. New Look UK including E-commerce sales increased over 8.3 percent. Despite of the resilient second quarter, the company witnessed rise in revenue and profit for the first half. Commenting […]

The Singaporean apparel arm of Hong Kong-based garment manufacturer TAL Group, TAL Apparel Limited, is planning to set up a 50 million US dollar factory in Vietnam’s northern province of Vinh Phuc to manufacture textiles, fabrics and garments. According to the Vietnam Investment Review, the company […]

REPORT_ American Apparel net sales for the third quarter of 2014 decreased 8.7 million dollars, or 5 percent, compared to the same period in 2013. Lower retail and online sales were partially offset by increased wholesale sales. Comparable retail and online sales decreased by 7 percent and 5 percent, […]

Luxury footwear label Kurt Geiger has its sight set on international expansion, with the brand set to add a London flagship store to its roster by next year, following a boost in sales during its third quarter. The premium British label revealed a 13 percent increase in like-for-like sales for the seven […]

Shares of Abercrombie & Fitch plummeted 14 percent, after the teen clothing retailer reported a 12 percent slump in its third quarter revenues, more than what analysts estimated, hurt largely by weak traffic given the highly promotional and challenging environment. The company also detailed a weak earnings […]

REPORT_ Abercrombie & Fitch has provided a business update on the company's performance for the third quarter ended November 1, 2014. Net sales for the third quarter decreased 12 percent to 911.4 million dollars, compared to net sales of 1.033 billion dollars for the prior year third quarter ended November […]

Sports Direct continues to increase its stake in struggling department store group Debenhams, as the sportswear company has taken control of thousands more shares. “Sports Direct continues to work together with Debenhams and looks forward to building a long-term relationship,” said the sportswear […]

REPORT_ Puma’s 2014 third quarter sales performance was positive, as consolidated sales rose by 6.4 percent currency adjusted to 843 million euros (1,044.6 million dollars). This represents an increase of 3.7 percent in euro terms, as continuing currency effects from various countries had a negative […]

REPORT_ In the six-month period, sales at Richemont increased by 2 percent at actual exchange rates or by 4 percent at constant exchange rates. The overall increase in sales reflected the international demand for jewellery, which grew by 10 percent at constant exchange rates, partly offset by subdued […]

REPORT_ In the third quarter, Safilo Group confirmed the increase in sales at constant exchange rates of 7.4 percent already recorded in the second quarter, taking the first nine-month’s top line growth to 5.5 percent. The gross profit margin for the first nine months stood at 62.3 percent, after […]

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