Net revenues at Vera Bradley totalled 118.2 million dollars for the fourth quarter ended February 2, 2019 compared to 132 million dollars in the prior year fourth quarter. The company said, revenues were at the high end of its guidance range of 114 to 119 million dollars. The company posted net income […]

In 2018, Adidas reported currency-neutral revenue growth of 8 percent driven by a 9 percent improvement at brand Adidas, reflecting a double-digit sales increase in sport inspired as well as a high-single-digit gain in sport performance. In euro terms, the company’s revenues grew 3 percent to 21.915 […]

Zara-owner Inditex Group’s net sales rose by 3 percent in FY18 to 26.14 billion euros (29.53 billion dollars), underpinned by growth in all of the group’s geographic regions, while sales in local currencies grew 7 percent. The company said, like-for-like sales were up 4 percent and positive across all […]

As of December 31, 2018, the Salvatore Ferragamo Group reported total revenues of 1,347 million euros (1,520 million dollars), down 3.3 percent at current exchange and 1.7 percent at constant exchange rates, while revenues in 4Q 2018, the company said, registered a 3.5 percent or 1.8 percent at constant […]

In the year 2018, Aeffe Group registered sales of 346.6 million euros (391 million dollars), with a 11.2 percent increase at constant exchange and 10.9 percent at current exchange rates. Due to improvement in operating profit, in 2018 the company’s profit before taxes amounted to 28.8 million euros […]

ANALYSIS New York – The veteran jeans maker keeps advancing with its plans to return to the trading floor after more than three decades absent from the public markets. This is posed to one of the highest-profile initial public offerings (IPO) in the U.S. this year. Levi Strauss filed the paperwork for […]

It’s official: Levi Strauss & Co will be returning to Wall Street after a hiatus of 35 years. The company announced today that it has commenced an initial public offering (IPO) of 36,666,667 shares of its Class A common stock. The price is currently expected to be between 14 US dollars and 16 US dollars […]

Laybuy, New Zealand’s leading buy now, pay later service, officially launches in the UK with Footasylum confirmed as its first major retail partner. Footasylum will offer UK shoppers the buy-now, pay in six option, allowing customers to spread the cost of purchases over six weekly automatic payments, […]

Market intelligence agency Mintel has announced that it is forming a “strategic partnership” with Santa Monica-based marketing intelligence platform, Pathmatics to offer advanced marketing analytics for digital channels. The partnership it adds will arm Mintel’s expertise in direct mail and email marketing […]

Nordstrom is restructuring its technology group, meaning a number of layoffs are coming. The news was reported by GeekWire. Nordstrom's senior vice presidents of technology, Travis McElfresh and Magali Muratore, are both leaving Nordstrom, although their departures are reportedly unrelated to the reorganization. […]

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