REPORTFor the third quarter of fiscal 2016, Guess reported net earnings of 12.4 million dollars, a 40.1 percent decrease compared to 20.8 million dollars for the third quarter of fiscal 2015. Diluted earnings per share decreased 37.5 percent to 0.15 dollar, compared to 0.24 dollar for the prior-year […]

London - American luxury label Vince is set to welcome its founders Rea Laccone and Christopher LaPolice back on a temporary basis, as the duo have agreed to return to the brand they founded 13 years ago under a two year consulting agreement. Together the duo will oversee Vince's creative direction, […]

REPORTFor the thirteen weeks ended October 31, 2015, net sales at Chico’s were 641.2 million dollars, a decrease of 3.7 percent compared to 665.6 million dollars in last year's third quarter, primarily reflecting a 3.3 percent decrease in comparable sales and a 0.8 percent net decrease in selling square […]

REPORTDSW has said that its third quarter sales decreased 0.6 percent to 666 million dollars compared to last year's sales of 670 million dollars. Comparable sales decreased by 3.9 percent compared to last year's increase of 2.6 percent and gross profit decreased by 270 bps driven by markdown activity […]

J&F Investimentos SA, which manages investments for Brazil's billionaire Batista family, has agreed to pay 2.67 billion reais (716 million dollars) in cash for a controlling stake in Alpargatas SA (ALPA4.SA), the maker of the Havaianas flip flops. Under terms of the deal, J&F will pay 12.85 reais per […]

Premium British footwear brand Start-Rite has confirmed that Stephen Riley has joined the board as non-executive chairman. Riley has experience with a number of companies specialising in consumer brands and international development, including Antler, Denby, Gilbert Rugby, Salter, Sealskinz, Thomas […]

US developer and licensee of apparel and accessory brands Authentic Brands Group LLC is allegedly preparing for an initial public offering (IPO) of shares. People familiar with the matter point at the first half of 2016 as the preferred date range. Authentic Brands' majority owner, private equity firm […]

REPORTBonmarché, reporting its unaudited interim results for the 26 week period ended September 26, 2015 said that the total revenue increased 6.5 percent at 97 million pounds (147 million dollars). Store like-for-like (LFL) sales growth of 2 percent for H1 includes LFL growth of 6.1 percent in the […]

London - Beware fashion start-ups. Up and coming designers hoping to launch their own companies, may want to take note that confidence levels at UK small and medium-sized businesses are waning, according to new survey figures published this week. The confidence index from accountants BDO dropped to […]

China's JD.com and the Otto Group, the largest online retailer for fashion and lifestyle in Europe and the second-largest online retailer in the world with end consumers, have announced a joint venture to provide B2C e-commerce services for international brands on the JD.com platform. Based in Germany, […]