REPORTSalvatore Ferragamo releasing its preliminary consolidated revenues for the fiscal year 2015 said that it amounted to 1,430 million euros (1,560 million dollars) up by 7.4 percent at current exchange rates and by 1.3 percent at constant exchange rates. Revenues increased 9 percent in the fourth […]

REPORTNet sales at increased 20 percent to 107 billion dollars in 2015, compared with 89 billion dollars in 2014. For its fourth quarter net sales increased 22 percent to 35.7 billion dollars, compared with 29.3 billion dollars in fourth quarter 2014. “Twenty years ago, I was driving the […]

Cherokee Global Brands has appointed Randi Spieker as Executive Vice President, Business Development, reporting to Howard Siegel, Cherokee Global Brand’s President and COO, effective February 8, 2016. Spieker, an experienced business development and licensing executive, will directly manage the company’s […]

REPORTAlibaba Group Holding said that for the quarter ended December 31, 2015, it saw significant growth in core business user base and monetization. In the quarter revenue was 34,543 million Renminbi (5,333 million dollars), an increase of 32 percent year-over-year. “Alibaba Group had an outstanding […]

Benetton Group has announced the appointment of Sundeep Chugh as the new Chief Executive Officer (CEO) of Benetton India. Chugh has been commercial director of Benetton India since 2011, contributing to the growth of the United Colors of Benetton, Sisley and Undercolors brands through a selective network […]

Quiksilver Inc. is reportedly close to reaching a deal with its creditors. While the surfwear brand’s senior creditor, Oaktree Capital Management LP, has agreed to pay 14 million dollars in cash as well as a small percentage of the equity in the reorganised entity. Meanwhile, Sources close to the matter […]

Richard Nicoll has quietly left his role as creative director for high street retailer Jack Wills. The former London Fashion Week designer, who was appointed creative head at the preppy retailer February 2014, is said to have officially left his role at Jack Wills last October. However, noticed of his […]

German sportswear company Puma has named Anders Jonsson as its Area General Manager for Puma Nordics with immediate effect. In his new role, Jonsson will oversee all of Puma's Nordic operations, which includes Norway, Sweden and Finland and report directly to Martyn Bowen, General Manager for Puma EMEA […]

HanesBrands Board of Directors have increased the company’s quarterly cash dividend by 10 percent, the third consecutive double-digit annual increase since establishing the dividend three years ago. The board is raising the regular quarterly cash dividend to 0.11 dollar per share, up from 0.10 dollar […]

Italian-based fashion firm La Perla has appointed young Brazilian designer Pedro Lourenço as its début Creative Director. In his new role at La Perla, Lourenço will oversee the direction of the labels's lingerie, sleepwear, lounge-wear and accessories for both women and men as well its Atelier collections […]