UK department store operator Debenhams Plc announced sales for the first half ended March 1, 2003 up 5.8% to GBP 992.1 million. On a like-for-like basis, sales increased 3.5%, Debenhams said in a statement. Pre-tax profit rose 4.8% to GBP 96.5 million. The company opened three new stores in the first […]

This week Italian fashion and textile group Marzotto reported that its sales rose 3.4% year on year in the first quarter, helped by adding designer label Valentino to its rack. Marzotto said first-quarter turnover totalles EUR544m, 86% of which were generated by its clothing unit, which includes German […]

US sportswear maker Next this week reported that its largest national retail customers placed additional orders for second quarter delivery of greater than USD 2 million, a significant increase over prior year. In a press release the company said it expects to report net income and positive earnings […]

The pattern of sales recorded by the British Retail Consortium-KPMG Sales Monitor for the month of March recorded a decrease in retail sales of 0.6% on a like-for-like basis, and a growth of 2.1% on a total basis, compared with a year earlier. The three-month trend rates of growth decreased from 2.5% […]

After the recent launch in London a new fashion store in Copenhagen, Denmark, has now snapped up the DNA label of Auckland designer Doris de Pont. Pia Lund, who is opening Piato, a women's fashion store in central Copenhagen in June, came scouting for labels at last year's L'Oreal New Zealand Fashion […]

This week German fashion house Joop! announced it has been sold to a consortium of its own licensees but did not disclose the sum involved. The company said that the group includes Strellson (Joop! menswear), Egana Goldpfeil (leather goods) and Coty Lancaster, licensee of the Joop! fragrances. Wolfgang […]

British sportswear retailer, JJB Sports, has divulged plans for the launch of a new value-priced kidswear brand. The move is part of a product overhaul. The company has not yet decided on a name for the new brand but said it would go head-to-head with supermarket giant Asda's George label. JJB CEO Tom […]

No decision yet taken on industrial use. Benetton Group, with reference to articles recently published in the press, declares that no microchips (Smart Labels) are present in the more than 100 million garments produced and sold throughout the world under its brand names, including the Sisley brand. […]

High class shoe label Jimmy Choo has announced it plans to open 25 new boutiques all around the world within six months and increase its turnover by 30%. The company, which was founded by Tamara Mallon and Jimmy Choo, is getting ready to invade the markets. Nowadays the brand counts 200 flagship stores […]

Italian fashion giant Benetton reported a sharp drop in net-profits for the year 2002 and at the same time announced that 46-year old Silvano Cassano was named its new chief executive. Turnover for 2002 showed the staying power of the clothing division and a sharp drop in the sports division, with a […]

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