VF Corporation, for its first quarter ended June 29, 2019 reported revenue increase of 6 percent or 9 percent in constant dollars to 2.3 billion dollars. Adjusted revenue increased 6 percent or 8 percent in constant dollars to 2.3 billion dollars. Earnings per share were 24 cents on a reported basis, […]

The company said on Wednesday its H1 net profit climbed. Compared with the same period last year, revenues grew by 15 percent. For H1, the company's net profit was 5,295 million euros, grew from 4,648 million euros last year. Revenues surged to 25,082 million euros. LVMH Moët Hennessy, Louis Vuitton […]

Reliance Retail’s ebitda went up 70 per cent in Q1. Revenue increased 47.5 per cent. First quarter earnings were strong despite a weak global macroeconomic environment and challenging hydrocarbon market conditions. The company continues to make major strides in its retail and digital services businesses […]

ANALISYS New York – Ted Baker's shares jumped earlier this weeks on the news reports that the fashion retailer’s founder, Ray Kelvin, was considering buying out the company. Kelvin, who quit as chief executive in March in the wake of allegations of inappropriate behaviour, owns 35 percent of Ted Baker. […]

New York – The fashion industry in the U.S. have shared they're concerned about the trade wars with China might hinder their business and supply over the next couple of years. The United States Fashion Industry Association (USFIA) released Tuesday its sixth annual Fashion Industry Benchmarking Study, […]

Luxury footwear brand Manolo Blahnik has acquired Italian women’s shoe manufacturer Calzaturificio Re Marcello, which currently makes the label’s shoes. Manolo Blahnik, which is independently owned, has been working with the Vigevano-based factory since 1990. “Calzaturificio Re Marcello is synonymous […]

With social media becoming more of a retail platform, fashion brands and retailers are well advised to take note. A 2018 study by Ofcom found that the average Britons now spend 24 hours a week online; more than twice the time they did in 2011. They also check their phone every 12 minutes, no doubt to […]

Hermès has reported that sales were up 12 percent at constant exchange and 15 percent at current exchange rates to 1,675 million euros (1,874 million dollars) in the second quarter. The group's consolidated revenue amounted to 3,284 million euros (3,674 million dollars) in the first half of 2019, up […]

Kinnevik has announced that its net asset value (NAV) increased by 6 percent to 89 billion Swedish krona (9.5 billion dollars) or 323 Swedish krona (34.6 dollars) per share, in the second quarter, supported mainly by the positive development in the share prices of Zalando and Tele2. The value of the […]

Second quarter sales at Skechers USA, Inc., the company said, grew 10.9 percent as a result of a 19.8 percent increase in the company’s international business and 1.5 percent in its domestic business. On a constant currency basis, sales increased 13.7 percent. Earnings from operations increased 29.7 […]

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