Ralph Lauren reported earnings per diluted share of 0.72 dollar on a reported basis and 1.11 dollars on an adjusted basis, excluding restructuring-related and other charges that were primarily related to activities associated with the company’s Way Forward plan, for the first quarter of fiscal 2018. […]

Michael Kors revenues for the three months ended July 1, 2017 decreased 3.6 percent to 952.4 million dollars from 987.9 million dollars in the first quarter of fiscal 2017. On a constant currency basis, the company said, total revenue decreased 2.6 percent. Gross profit for the quarter decreased 2.8 […]

Upmarket British cycling lifestyle brand Rapha has sold a majority stake in the business to US-based RZC Investments, the private equity firm run by Steuart and Tom Walton, heirs to the Walmart fortune. The size of RZC’s investment in Rapha has not been disclosed but the private equity firm has confirmed […]

PARIS Ian Rogers, like all Silicon Valley insiders, looks like an eternal teenager. Even when he is wearing a bespoke suit, this Indiana-born native continues to resemble a computer whiz kid, a hip-hop and punk rock aficionado, who travelled long distances to Ann Arbor so he could freely use his skateboard […]

Tolomei will become the majority stake holder at Le Tanneur &Cie at the end of the year, after having carried out a reserved capital increase of 2.50 euros per share, the current share price. The operation will see the company’s current owner’s stake reduced to 42.6 percent, leaving Tolomei with 50.2 […]

Gildan Activewear’s consolidated net sales of 715.4 million dollars in the second quarter ended July 2, 2017 were up 26.5 million dollars or 3.8 percent, reflecting sales increase of 1.9 percent in the printwear segment and 8.1percent in branded apparel. The sales increase, the company said, was driven […]

As of June 30, 2017, the Salvatore Ferragamo Group posted total revenue of 718 million euros (850 million dollars), reporting a 1.1 percent against 1H 2016. Revenue growth at constant exchange rates was 0.1 percent. The net profit for the period, including a negative minority interest of 2 million euros […]

Sales at Yoox Net-a-Porter group for the six months to June 30 have hit 1 billion euros for the first time, following a 20.2 percent organic revenue growth in Q2 net revenues. Releasing its H1 2017 results after the close of the Italian market, YNAP stated that the 1 billion euros was achieved after […]

For the first half of 2017, Safilo Group’s adjusted net result equalled a loss of 6.6 million euros (7.8 million dollars) compared to a profit of 22.9 million euros (27 million dollars) in H1 2016. The company’s total net sales in the second quarter were 315.3 million euros (373 million dollars), down […]

In the first six months of fiscal year 2017, Hugo Boss Group generated sales of 1,287 million euros (1,521 million dollars), up 2 percent on the comparable prior-year period in the group currency as well as in local currencies. The company said that despite increased marketing expenses and spending […]