Group’s net sales for the third quarter from July to September 2016 amounted to 180 million Swedish krona (19.6 million dollars) in the third quarter, a decrease of 6 percent. The company said, excluding currency effects, sales decreased by 5.6 percent. The downward sales trend compared with the same […]

A year after taking the other side of the Pond, Primark is enjoying relatively strong brand awareness. The affordable fashion retailer is planning its expansion into the U.S. market. Earlier this month, commenting the group’s figures and plans, Primark owner Associated British Foods PLC (ABF) said awareness […]

Kenneth Cole Productions, the U.S. fashion and footwear company, will shutter its homeland 63 outlet stores over the next six months, leaving just two full-priced stores in the U.S. following an earlier paring of those locations. As reported by Bloomberg over the weekend, the 30 year old retailer is […]

Net revenues for the nine months period at Brunello Cucinelli increased by 9.7 percent or 10 percent at constant exchange rates to reach 348.4 million euros (379 million dollars), compared to 317.6 million euros (346 million dollars) at September 30, 2015. The company said, this result was driven by […]

Nasty Gal, which started as an eBay shop and turned into one of fashion’s biggest e-tailers, is now filing for bankruptcy. The Los Angeles-based company filed on Wednesday, November 9, in bankruptcy court for the Central District of California. According to Recode, the vintage clothing e-tailer was […]

First the economic slowdown in China, then Brexit in Europe and now, a new president in the US whose election has sent the main international currencies to frantically fluctuate. Luxury goods house Burberry has seen how major political events have meddled with its turnaround plans, as the British retailer […]

Macy's reported diluted earnings per share of 5 cents in the third quarter ended October 29, 2016. Excluding non-cash retirement plan settlement charges of 62 million dollars or 12 cents per diluted share, third quarter earnings per share were 17 cents against 36 cents per diluted share in the third […]

Yoox Net-A-Porter Group (YNAP) revenues in the third quarter of 2016, of 435.4 million euros (476 million dollars), increased 19 percent on an organic basis or 16.8 percent at constant FX and 11.7 percent reported, marking an acceleration on the first half of the year. This quarterly performance contributed […]

Sales at Puma increased by 10.7 percent currency adjusted to 990.2 million euros (1,082 million dollars) or 8.3 percent reported in the third quarter of this fiscal. The company said, all regions contributed to this growth with EMEA and the Americas being the main drivers. Footwear once again performed […]

Zalando said that it witnessed strong performance in the first nine months of 2016, with 21.9 percent revenue growth to 2,547 million euros (2,784 million dollars). The company increased its full-year adjusted EBIT margin guidance to 5-6 percent. In the third quarter, the company’s revenues rose 17.1 […]