REPORTThe H&M group’s sales including VAT increased by 11 percent in local currencies in September 2015 compared to the same month last year. The company operated 3,733 stores on September 30, 2015 compared to 3,338 on September 30, 2014. The group has expansion plans in store with approximately 400 […]

REPORTIn the first half, Burberry generated revenue of 1,105 million pounds (1,710 million dollars), including 2 percent underlying growth in retail revenue. In the second quarter, the company said that the demand from luxury consumers, particularly Chinese customers, was affected by a more challenging […]

REPORTZalando has said that it grew group revenues in the third quarter of 2015 to 707 euros-717 million euros (811-823.3 million dollars) or by 41-43 percent, according to preliminary figures. In the first nine months of 2015 Zalando achieved revenue growth of around 35 percent. Commenting on the update, […]

Nike provided an overview of its progress on key strategic initiatives to achieve sustainable, profitable long-term growth. During an investor meeting at its world headquarters near Beaverton, the company announced a revenue target of 50 billion dollars by the end of fiscal year 2020. Additionally the […]

REPORTNet revenues at Levi Strauss & Co for the third quarter ended August 30, 2015 declined one percent on a reported basis but grew seven percent on a constant-currency basis. The company said that a seven percent increase in sales was due to product introductions in the Americas including the Levi's […]

REPORTN Brown Group revenue for the half year to August 29, 2015 increased 4.2 percent to 415.8 million pounds (635.4 million dollars). Product revenue increased 6.1 percent. While operating profit excluding exceptional items declined 14.2 percent, underlying trading profit before tax decreased 15.9 […]

REPORTLVMH Moët Hennessy Louis Vuitton, reported an 18 percent increase in revenue, reaching 25.3 billion euros (28.7 billion dollars), for the first nine months of 2015. Organic revenue grew 6 percent compared to the same period in 2014. The Group recorded strong growth in Europe and the United States, […]

London - Steve Madden Ltd. has found itself in legal hot water once more this year, as the US label has been hit with another copyright infringement lawsuit. British designer Stella McCartney filed a complaint against Steve Madden in New York earlier this month for offering a "poorly made copy" of her […]

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