Tights have been a part of our wardrobe for centuries. They started as a men’s affair, but became a womenswear staple when hemlines started rising around the 1920s. Nylon and Lycra, invented by DuPont in the 1940s and 1950s respectively, contributed to make tights even more popular by conferring strength, […]

Kontoor Brands has confirmed it has completed its separation from VF Corporation, which was first announced last August, as it looks to create a “global lifestyle apparel leader” in denim with its brands, Wrangler, Lee and Rock and Republic. The denim apparel group will now be an independent, publicly […]

Bata India’s fourth quarter profit increased 69.47 per cent. The company delivered a good profit performance on the back of conscious efforts taken towards cost and expense control that contributed extensively in increasing the profit margin. Revenue was up 7.44 per cent. But revenue was tempered down […]

Amazon basin countries have manifested their disappointment with a recent decision by the Internet Corporation for Assigned Names and Numbers (ICANN) to grant American retailer Amazon exclusive rights to the .amazon domain name. The presidents of Peru, Ecuador, Colombia and Bolivia published a statement […]

These are hard times for brick and mortar retail. While consumers still like to shop in brick and mortar stores, many retailers have been struggling to stay afloat due to dropping footfall in shopping malls and competition with online retailers. Here’s a recap of the fashion businesses which announced […]

New York-based athletic retailer Foot Locker, Inc., for its first quarter ended May 4, 2019 reported net income of 172 million dollars or 1.52 dollars per share compared to 165 million dollars or 1.38 dollars per share in the corresponding prior-year period. The company said, non-GAAP earnings were […]

In its financial results statement for the fourth fiscal quarter and fiscal year ended March 31, 2019, Deckers Brands said, fourth quarter net sales decreased 1.6 percent or 1.4 percent on constant currency to 394.1 million dollars, while full year net sales increased 6.2 percent to 2.020 billion dollars […]

Aditya Birla Fashion and Retail’s (ABFEL) Q4 net profit has grown by 79 per cent as revenue increased nine per cent. Ebitda fell due to a rise in marketing spends. For the full year, ebitda increased 24 per cent and revenue increased 13 per cent. Net profit grew 173 per cent. In the September 2018 quarter, […]

Abercrombie & Fitch Co. has said that its board of directors declared a quarterly cash dividend of 20 cents per share on the Class A Common Stock of the company, payable on June 17, 2019 to stockholders of record at the close of business on June 7, 2019. The company operates over 850 stores under Abercrombie […]

Swiss mountaineering specialist Mammut is the industry’s first to offer companies products with NFC technology, which promise consumers new services via an app. Mammut Connect works with an integrated NFC chip Already at the OutDoor trade fair last summer, there was talk about it, with the chip being […]

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