New York - Italian luxury fashion house Marni has entered an agreement with Marchon for the production and distribution of their eyewear line. Marni's Creative Director Cosuelo Constiglioni designed the eyewear line. The optical frames will be launched in spring 2016, and will be sold in both the brand's […]

Bangladesh wants to intensify its export efforts, planning to diversify both products and destinations, particularly to Russia and other countries of the Commonwealth of Independent States (CIS), where it also plans to open its first RMG warehouse outside of Bangladesh. “The country has so far only […]

REPORT Ahead of its Annual General Meeting to be held today in Geneva, Richemont has said that its sales for the five months ended August 31, 2015 increased by 4 percent at constant exchange rates and 16 percent at actual exchange rates, positively impacted by the weakening of the euro against the US […]

REPORT Inditex Group revenue rose by 17 percent in the first half of 2015 from February 1 to July 31, 2015 to 9.42 billion euros (10.6 billion dollars), driven by growth across all its geographical markets. First half net profit stood at 1.16 billion euros (1.30 billion dollars), marking growth of 26 […]

Traders bought shares of Lululemon Athletica inc. (NASDAQ:LULU) on weakness during trading on Tuesday after Canaccord Genuity lowered their price target on the stock from 60 to 54 dollars, Analyst Ratings reports. As latest released data shows, 65.15 million dollars flowed into the stock […]

The Portland-based outdoor apparel company Trew has raised 1.6 million dollars in outside capital and plans to use it to expand the company’s product line, hire more employees and improve direct-to-consumer operations. BroadPeak Capital, a local firm that invests in growing athletic and apparel companies, […]

REPORT The Prada Group said, consolidated net revenues for the six months ended July 31, 2015 amounted to 1,824.4 million euros (2,065.7 million dollars), with a 4.2 percent increase, at current exchange rates, on the corresponding period in 2014. Commenting on the company’s performance, Patrizio Bertelli, […]

REPORT The H&M group’s sales including VAT increased by 1 percent in local currencies in August 2015 compared to the same month last year. In the third quarter of 2015 from June 1 to August 31, sales including VAT increased by 11 percent in local currencies compared to the corresponding quarter last […]




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