- Robyn Turk |
For the fourth quarter ending on March 30, 2019, Capri Holdings Limited announced a growth of 13.9 percent, with a total revenue of 1.344 billion dollars. The global fashion luxury group, experienced a full year revenue growth of 11 percent, while on a constant currency basis, total revenue increased […]
- Danielle Wightman-Stone |
Celebrity-loved London-based baby and toddler clothing brand, Mori has raised more than 4 million pounds in a Series A funding round, which it states will help it open bricks-and-mortar stores and expand into the US and other international markets. The premium clothing and accessories brand for newborn […]
- Shubhangi Bidwe |
Monte Carlo’s Q4 sales revenue rose 15 per cent. However, for the full year profit dropped 12 per cent and revenue jumped 14 per cent. Monte Carlo caters to men, women and tweens and offers shirts, tops, T-shirts, tunics, shorts, jeans, trousers, dresses, tracksuits and more. The range for men features […]
- Dale Arden Chong |
After months of exclusive negotiations and recent approval from the Autorité de la concurrence, Maus Frères International has quickly moved to officially acquire The Kooples, according to an announcement from the Swiss group. Maus Frères recently its negotiations for The Kooples in March 2019, and received […]
- Marjorie van Elven |
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, […]
- Danielle Wightman-Stone |
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 […]
- Shubhangi Bidwe |
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 […]
- Marjorie van Elven |
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 […]
- Marjorie van Elven |
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 […]
- Prachi Singh |
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 […]