Chinese sportswear maker China Dongxiang Group Co. Ltd. (CDGXF) reported that profit attributable to equity holders of the company soared to RMB290 million from RMB96 million in the prior-year period. Earnings per basic share were RMB5.26 cents, up from last year's RMB1.75 cents. Revenue for the first […]

Tracksmith, a running apparel brand based in Boston, has gathered 4.1 million dollars in new funding led by Pentland Group. Pentland Group, the management group behind Reebok, Speedo, and Lacoste footwear, among other sporting brands, led the Series A round, which brings the company’s funding total […]

Schwartzman Pictures Inc. has a bone to pick with Vans. The Los Angeles-based film production company has accused the popular skate shoes brand for ripping off their "Rad" logo from their 1986 film of the same name. They have filed suit against Vans Inc. taking the first step in the legal process against […]

When Abercrombie & Fitch went on their hiring spree in June, they were still looking to fill the imperative role of women's designer. Finally, the role has been filled. Kristina Szasz, previously design director for Tommy Hilfiger denim and Karl Lagerfeld, will be stepping into the role of Abercrombie […]

REPORT The TJX Companies’ net sales for the second quarter of fiscal 2016 increased 6 percent to 7.4 billion dollars and consolidated comparable store sales increased 6 percent over last year's 3 percent increase. Net income for the second quarter was 549 million dollars and diluted earnings per share […]

REPORT Dick’s Sporting Goods, reporting sales and earnings results for the second quarter ended August 1, 2015 said that its consolidated net income was 90.8 million dollars, or 0.77 dollars per diluted share, compared to the company's expectations provided on May 19, 2015 of 0.73 dollar to 0.76 dollar […]

Fashion website Who What Wear, founded by former Elle magazine editors Katherine Power and Hillary Kerr, has raised eight million dollars in venture funding from a number of investors which includes Amazon. The website, which is known for its shoppable fashion content, attracts more than 3.8 million […]

REPORT Urban Outfitters announced net income of 67 million dollars and 100 million dollars for the three and six months ended July 31, 2015, respectively. Earnings per diluted share were 0.52 dollar and 0.76 dollar for the three and six months, respectively. Total company net sales increased 7 percent […]




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