REPORTThe board of directors of Esprit Holdings announcing its unaudited FY15/16 first quarter update said that the turnover was almost flat year-on-year with a marginal decline of 0.4 percent in local currency. Retail turnover grew year-on-year by 9.1 percent in local currency, reversing the turnover […]

The American leading off-price retailer of apparel and home fashions announced over the weekend that it has completed its acquisition of Trade Secret, an off-price retailer that operates 35 stores in Australia. The TJX Companies, Inc. (NYSE:TJX), has bought the Australian retailer from Gazal Corporation […]

UPDATE Last Friday saw the founder of fast-fashion empire Inditex, Amancio Ortega, briefly claim the title of world's richest man after company stocks grew 5.3 percent. According to Forbes World's 'real time' Billionaire list, the Spanish fashion mogule reached an all time high net worth of 79.9 billion […]

REPORTVF Corporation for its third quarter ended October 3, 2015 said that revenue increased 8 percent on a currency neutral basis driven by double-digit growth in Outdoor & Action Sports coalition and strength in Jeanswear coalition, and international and direct-to-consumer businesses. On a reported […]

London - Amazon, the world's largest online retailer, reported a surprise profit of 92 million dollars in the third quarter, as its US sales are booming. Total net sales for the company rose 23.2 percent to 25.36 billion dollars, which sent its shares soaring 10 percent higher. Worldwide Sales in North […]

In a push to support clothes that were made in Japan, the Japanese garment industry supported by the Japan Fashion Industry Council, has introduced a new certification system called J Quality for clothes. To qualify, a product's entire manufacturing process (except the production of the raw materials) […]

REPORTIn the third quarter of 2015, Etam Group net sales amounted to 303.7 million euros (337.2 million dollars), including a positive currency effect of 12.8 million dollars (14.2 million dollars) mainly due to the appreciation of the yuan against euro. Net sales increased by 7 percent compared to […]

REPORTKering posted revenue of 2,895 million euros (3,216 million dollars) in the third quarter of 2015, up 12 percent on the third quarter of 2014 as reported and up 3.1 percent on a comparable group structure and exchange rate basis, in line with the 2015 first-half performance. “In the third quarter, […]

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