Los Angeles - After over a year of financial woes, American Apparel has officially exited Chapter 11 bankruptcy. The fashion-basic apparel brand announced that it has emerged as a private company through its newly structured reorganization plan. The trendy retailer and manufacturer was deemed out of […]

REPORTHanesBrands managed to report a third consecutive year of record net sales, adjusted operating profit and adjusted diluted earnings per share. Net sales increased 8 percent to 5.73 billion dollars for the year ended January 2, 2016, while 2015 core sales in constant currency were essentially flat […]

REPORTDeckers Brands net sales increased 3.6 percent on a constant currency basis and 1.4 percent on a reported basis to 795.9 million dollars in the third quarter compared to 784.7 million dollars for the same period last year. Diluted earnings per share were 4.78 dollars compared to 4.50 dollars for […]

REPORTRalph Lauren Corporation has reported net income of 193 million dollars, or 2.27 dollars per diluted share, for the third quarter of fiscal 2016, compared to reported net income of 215 million dollars, or 2.41 dollars per diluted share, for the third quarter of fiscal 2015. “2015 was a year of […]

REPORTL Brands reported net sales 4.395 billion dollars, an increase of 8 percent for the fourth quarter ended January 30, 2016 compared to 4.069 billion dollars for the quarter ended January 31, 2015. Comparable store sales for the fourth quarter increased 6 percent. Net sales for the year were 12.154 […]

London - Most mass market fashion retailers today would agree that e-commerce plays a vital role in guaranteeing success by fulfilling their customer's demands. However, there is one Irish value fast-fashion chain which has managed to succeed in Europe without the aid of an online store, namely Penneys, […]

REPORTLVMH Moët Hennessy Louis Vuitton recorded revenue of 35.7 billion euros (38.9 billion dollars) in 2015, an increase of 16 percent over the previous year. Organic revenue growth was 6 percent. In the fourth quarter, revenue increased by 12 percent and organic growth was 5 percent.The Group witnessed […]

REPORTMichael Kors Holdings for the third quarter ended December 26, 2015 registered total revenue increase of 6.3 percent to 1.40 billion dollars from 1.31 billion dollars in the third quarter of fiscal 2015. On a constant currency basis, total revenue increased 9.9 percent. Commenting on the development, […]

The Danish fashion has never been bigger than it is now, producing revenues of nearly 42 billion Danish Krone (4.26 billion pounds) in 2015, the highest level to date, according to industry organisation Dansk Fashion and Textile. With the industry being driven primarily by exports, the organisation […]

In spite of fears concerning an economic slowdown in China, with the devaluation of the Yuan and stock market troubles causing luxury retailers to question the demand from Chinese consumers anno 2016, retail tourism experts Global Blue believe that the Chinese New Year, which runs from February 8 to […]