Net sales at Coach, in the first quarter totalled 1.04 billion dollars, an increase of 1 percent on a reported basis and a decrease of 1 percent on a constant currency basis, including approximately 150 basis points of pressure related to the company’s strategic decision to elevate the Coach brand’s […]

Marking fourth consecutive year of growth, British fashion retailer AllSaints reported 9 percent rise in sales in the year to January 30, 2016 to 252.5 million pounds (308 million dollars) against last year’s 231.3 million pounds (282 million dollars), says the report. Positive jump in […]

Brooks Brothers Group Inc., has announced Friday the acquisition of Alexis Bittar, the Brooklyn, N.Y.–based jewellery brand, through its subsidiary Carolee. Jill Maier, president of Carolee, will oversee the brand. “We are truly proud to add Alexis Bittar jewelry to our brand portfolio,” Jill Maier […]

Columbia Sportswear Company has reported third quarter net sales of 745.7 million dollars, a 3 percent decrease compared with net sales of 767.6 million dollars for the third quarter of 2015. Net income totalled 83.6 million dollars or 1.18 dollars per diluted share against 91.1 million dollars or 1.28 […]

Los Angeles - About a year ago, American Apparel filed for bankruptcy due to internal issues and financial struggles. It seems that even after undergoing business strategy initiatives and new executive staff, the Los Angeles retailer is only doomed to repeat its past. According to Bloomberg, American […]

Carter’s third quarter net sales increased 51.6 million dollars or 6.1percent, to 901.4 million dollars, reflecting growth in the company’s US Carter’s and OshKosh retail businesses, Carter’s wholesale business, and international segment. The company said, changes in foreign currency exchange rates […]

Debenhams said that group gross transaction value for the full year increased by 1.3 percent to 2,895.9 million pounds (3,538 million dollars) and statutory revenue decreased by 0.5 percent to 2,310.4 million pounds (2,822 million dollars). Underlying profit before tax and exceptional items increased […]

A new report from Cowen&Co indicates that Amazon is expected to surpass Macy's to become the biggest apparel seller in the US next year, leaving behind former US sales champions such as Kohl's, JC Penney, and Macy’s. In related news, Morgan Stanley forecasts Amazon will account for roughly 17 percent […]

London - A new technology centre in London, extending same day delivery in key markets such as London and Dubai, and launching a shoppable app on Apple TV - it is clear that luxury e-commerce giant Yoox Net-a-Porter Group (YNAP) is taking its invested in technology seriously. Since the two companies […]

For the third quarter of 2016, Kering reported an acceleration in the group’s organic growth at 10.5 percent. Revenue of 3,185 million euros (3,467 million dollars) was up 10.5 percent on a comparable group structure and exchange rate basis and 10 percent as reported. The company witnessed double-digit […]