Promises are great. If they are kept. Swedish fashion giant H&M promised on 23rd November 2013, five years ago after the collapse of the Rana Plaza building, in its “Roadmap towards a fair living wage” to have “pay structures in place to pay a fair living wage by 2018” to all its workers globally (at […]

Vivienne Westwood Limited, for the year to December 31, 2017, said that the turnover increased by 8.67 percent to 40.7 million pounds (52 million dollars) and gross profit rose by 28.01 percent with gross profit margin improving to 53.3 percent from 46 percent last year. Pre-tax profit for the year […]

Family-owned fashion company Bestseller having almost 20 brands such as Jack & Jones, Only, Vero Moda under its fold said in its annual report that net turnover for the year reached 3.3 billion euros, representing an increase of 3.3 percent and a result before tax of 387 million euros, a rise of 14.9 […]

Mothercare Plc in its results statement for the first half year ending October 6, 2018, said that adjusted loss before taxation reached 6.2 million pounds (7.9 million dollars) compared to 2.6 million pounds (3.3 million dollars) last year. Group adjusted loss before taxation and foreign currency revaluations […]

Caleres, for its third quarter reported consolidated sales of 775.8 million dollars compared to 774.6 million dollars. The company said Famous Footwear same-store-sales were up 2.8 percent but total sales of 448.8 million dollars, down 5.1 percent as one week of back-to-school sales shifted into the […]

Marchon Eyewear is on fire, indeed. Following a series of license renewals and portfolio expansions, the American company has scored a long-term deal to manufacture and distribute glasses for Victoria Beckham worldwide. Read more: Interview -- Marchon Eyewear: exceeding objectives and expanding licenses […]

Morocco - After years of public scrutiny, it seems as if the fast fashion sector is finally beginning to shift its attention towards the issue of sustainability. No longer restricted to fashion company boardrooms, awareness surrounding sustainability has started to trickle down into the production line, […]

Global Fashion Group (GFG) reported net merchandise value growth of 22.7 percent year on year on a constant currency and 9.2 percent in absolute euro terms to 289.5 million euros, and improved profitability by 4.6 percentage points in the third quarter ended September 30, 2018. Group revenue (which […]

Influencer marketing is bound to become more transparent. At least that’s what most marketers and consumers believe, according to a survey with 1,173 marketing specialists and 500 adults aged 18-34 in the UK and US. Conducted online by Influencer Intelligence in association with Econsultancy, the survey […]

JD.com, Inc., China’s e-commerce company and retail infrastructure service provider, reported net revenues for the third quarter of 104.8 billion Chinese yuan (215.3 billion dollars), an increase of 25.1 percent from the third quarter of 2017, while the company’s net service revenues were 10.9 billion […]

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