Urban Outfitters, Inc. said in a statement that total company net sales for the two months ended December 31, 2018, increased 5 percent over the same period last year, while comparable retail segment net sales increased 5 percent, driven by double-digit growth in the digital channel, partially offset […]

Safilo Group has added one more brand to its licensing portfolio: Levi’s. The eyewear giant, which makes sunglasses and prescription glasses for brands like Dior, Banana Republic, Kate Spade and Moschino, has scored a global licensing agreement to design, manufacture and distribute glasses for Levi […]

L Brands, Inc. net sales were 2.477 billion dollars for the five weeks ended January 5, 2019, compared to 2.516 billion dollars for the five weeks ended Dec. 30, 2017. Comparable sales were flat for the five weeks period. The company reported net sales of 12.457 billion dollars for the 48 weeks compared […]

California-based Incipio Group has signed a global, multi-year licensing agreement with Coach to launch a line of mobile device accessories which will be available on Coach’s website and Coach stores worldwide in the fall of 2019. Coach will design the accessories, which will include smartphone and […]

The Fast Retailing Group revenue rose but profit fell in the first quarter of fiscal 2019, or the three months November 30, 2018. Consolidated revenue reached 644.4 billion yen, up 4.4 percent year-on-year and operating profit reached 104.6 billion yen, down 8.1 percent year-on-year. The company said, […]

For its third quarter to December 29, 2018, Marks and Spencer Plc (M&S) reported 4.8 percent decline in UK Clothing & Home sales to 1,103 million pounds (1,407 million dollars) with like-for-like sales down 2.4 percent. International sales were 15.1 percent to 262 million pounds (334 million dollars), […]

December 2018 same-store sales including online sales at Uniqlo Japan, part of the Fast Retailing Group, increased by 5.2 percent year on year while total sales including online sales also increased by 5.2 percent. The company said in a statement that same-store sales rose year on year in December as […]

Ahead of its full year results announcement on February 27, Van de Velde said in a statement that its the fiscal year 2018, reported turnover decreased 1.8 percent from 209 million euros to 205.2 million euros, while at constant exchange rates, revenues were down by -0.8 percent. Comparable turnover […]

International bank HSBC forecasts growth in the luxury sector to slow down from 9 percent in 2018 to 6 percent in 2019. But that isn't necessarily bad news. In a report titled Expecting the Unexpected, shared by email with FashionUnited, the bank said the main reason why it believes the sector is likely […]

Mothercare Plc, for the 13 week period to January 5, 2019, said UK like-for-like sales declined 11.4 percent, reflecting a combination of the difficult consumer backdrop and the aggressive discounting activity undertaken in the prior year that inflated sales in that period. The company added that online […]

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