For the first nine months of 2016, Rocket Internet said that the aggregate adjusted EBITDA margin improved significantly at all selected companies from a weighted average of -34.4 percent in the first nine months 2015 to -17.5 percent. It added that while the companies continued to grow revenues, their […]

In its results announcement for the year and fourth quarter, Delta Apparel said net sales for the 13-weeks fourth quarter were 114.4 million dollars compared to 120.2 million dollars in the prior year’s 14-weeks fourth quarter. Removing the additional week in the prior year, the company said, net sales […]

Bestseller Group has reported a turnover of 3.07 billion euros (3.26 billion dollars) representing a rise of 5 percent and a result before tax of 273 million euros (290 million dollars) for the fiscal year 2015/16. “In the past financial year we have experienced a 5 percent growth in our total turnover. […]

London - Nigel Oddy's name will soon join the growing list of House of Fraser seniors to exit the department store group over the last 21 months, as the Chief Executive officer is set to leave the company. Oddy's departure from House of Fraser comes less than two years after he first took-up the reins […]

Yoox Net-A-Porter has signed a joint venture with Dubai-based billionaire Mohamed Alabbar to create an online luxury retail business in the Middle East. YNAP will hold a 60 percent stake in the joint venture while Symphony Investments, an entity controlled by Alabbar, will own the remaining 40 percent, […]

The US apparel and footwear market is seeing a major shift from in-store purchases to digital purchases. The apparel and footwear market saw retail value growth of 14 percent over the 2010–2015 period; online apparel and footwear sales recorded much faster growth, at 102 percent. The growth of digital […]

INTERACTIVE MAP Manhattan's Upper 5th Avenue has claimed the title as the world's most expensive shopping street - at least when it comes to paying rent that is. Navigate through FashionUnited’s interactive map where you can find the ten most expensive shopping streets in the world, according to the […]

Global Fashion Group (GFG) said that the operating momentum was strong in the third quarter with improving margins across all regions. GFG said, third quarter net revenue grew 16 percent on a constant currency pro-forma basis to 250 million euros (265 million dollars), despite continued macroeconomic […]

Net sales of 732.2 million at Caleres were up 0.5 percent, as the company said Famous Footwear experienced a solid back-to-school season. Gross margin increased 53 basis points to 40.1 percent, driven by brand portfolio, while operating margin was up 41 basis points to 7.6 percent. Reported diluted […]

ANALYSISWomenswear chain Bonmarché will discontinue its menswear experiment after profits for the first half of the year came in lower than expected. The British retailer reported a dip in interim pre-tax profits for the first six months of 2016 compared to the same period the previous year. Interim […]