By now, nearly everyone within the industry has heard of the merger of two of the largest online fashion destinations (unless they have been living under a rock) to form a new entity known as Yoox Net-a-Porter Group. With the new company officially launching on October 5, 2015, the Group now holds what […]

Montreal-based Gildan Activewear announced a slight increase in third quarter net profits to 123.1 million dollars (80.9 million pounds) or 50 cents per share, compared with 122.7 million dollars (80.7 million pounds) or 50 cents per share last year. Net sales amounted to 674.5 million dollars (443.4 […]

The luxury industry has been seeing challenging times since China and the rest of the Asia-Pacific region has experienced slower growth. But both Hermès and Burberry have issued financial results that have beaten analysts' expectations. Third-quarter sales at Hermes rose by 7.9 percent on a like-for-like […]

IC Group, parent company of Peak Performance, Tiger of Sweden and By Malene Birger, reported improves earnings within its core-business division for its Q1 2015/16. Consolidated revenue amounted to 843 million Danish krone (113 million euros), equal to an increase of 1.8 percent or 3 percent measured […]

Brazil-based brand Osklen has recently announced plans to introduce new stores in the U.S. The ready-to-wear beach-inspired brand will roll out 10 stores in the U.S. including Los Angeles and New York locations. It’s all a part of Osklen’s five-year growth project. According to WWD, the brand hopes […]

Kohl's Corp. is betting strongly for its female fashion brand Sonoma, which it has renewed in an attempt to boost its womenswear sales. The US retailer is looking to position itself as a wardrobe "destination." Kohl's is planning to lift revenue to 21 billion dollar by 2017. This seems quite a challenge […]

Luxury goods group Burberry reported profits before tax for the first six months ended 30 september were up 9 percent to 154.7 million pounds on revenues of 1.105 billion pounds, compared with 1.100 billion a year ago. Earnings per share rose 14 percent to 26.7 pence. Earnings per share rose 14 percent […]

The Italian luxury fashion label reported continued growth in all markets for the first nine months of 2015, with net income up 1.2 percent to 25.7 million euros on revenues of 317.6 million euros. Thanks to the investment plan implemented in 2013, Brunello Cucinelli saw sales increase 14.5 percent […]

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