REPORT Steve Madden, for the second quarter ended June 30, 2015 said that its net sales increased 9.4 percent to 323.6 million dollars compared to 295.7 million dollars in the same period of 2014. Gross margin was 35.9 percent compared to 36.2 percent in the same period last year. Operating income totaled […]

REPORT Skechers USA reported that its second quarter 2015 net sales were 800.5 million dollars compared to 587.1 million dollars for the second quarter of 2014. Gross profit was 374.6 million dollars, or 46.8 percent of net sales, compared to 269.4 million dollars, or 45.9 percent of net sales, for […]

Canadian menswear company Grafton Fraser Inc., the privately held owner of chains such as Tip Top Tailors and Mr. Big & Tall, has acquired all 35 Jones New York retail stores across Canada. The move will allow the brand to survive in Canada even though its US stores are closing, highlights the ‘Financial […]

ANALYSISLVMH’s fashion and leather goods division – which includes the Louis Vuitton brand and currently accounts to over a third of the group’s revenue – increased by 10 percent over the second quarter. These figures easily surpassed market’s expectations. Commenting the unexpectedly strong performance […]

REPORT Carter’s for its second quarter fiscal 2015 reported consolidated net sales increased 38.7 million dollars, or 6.7 percent, to 612.8 million dollars, reflecting growth in all business segments. Changes in foreign currency exchange rates as compared to the second quarter of fiscal 2014 negatively […]

REPORT LVMH Moët Hennessy Louis Vuitton posted revenue of 16.7 billion euros (18.4 billion dollars) in the first half of 2015, representing an increase of 19 percent. Organic revenue growth was 6 percent compared to the same period in 2014. The group recorded strong growth in Europe and the United States. […]

REPORT Kering posted revenue of 5,512.5 million euros (6,108.7 million dollars) in the first-half of 2015, representing a rise of 17 percent on a reported basis and 3.5 percent on a comparable group structure and exchange rate basis. Exchange rate fluctuations during the six months had a positive impact […]

ANALYSISeBay is taking its quest to become a big player within the fashion industry quite serious. The giant online retailer has acquired Twice, an online secondhand clothing marketplace, to help power eBay Valet, an assisted-selling service connected to eBay's marketplace. Founded in 2012, Twice is […]

For those who are still recovering from the end of indie fashion label Band of Outsiders, which FashionUnited reported on last month, perhaps there is a small glimmer of hope. Last Thursday, a notice in The Wall Street Journal and WWD announced that all of Band of Outsiders remaining intellectual property […]

REPORT In the second quarter of 2015, Puma’s consolidated sales improved by 7.6 percent currency adjusted to 772.7 million euros (844.8 million dollars). This positive development was primarily driven by the growth in footwear sales across all regions. In reported terms, consolidated sales rose by 18.5 […]

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