REPORT Mulberry Group, for the year ended March 31, 2015 said that the company’s total revenues were 148.7 million pounds (229.5 million dollars), down 9 percent from 163.5 million pounds (252.5 million dollars) last year, reflecting a small growth in retail sales which was offset by a decline in wholesale […]

REPORT Total net sales at the Men’s Wearhouse increased 40.4 percent or 254.6 million dollars to 885.1 million dollars in the first quarter. Retail segment net sales increased by 43.7 percent, or 250.6 million dollars and corporate apparel sales increased by 7 percent. Net sales at the Men's Wearhouse […]

ANALYSISInditex has distanced itself from other giants of the fashion world by benefiting from currency exchanges. Thus, while luxury heavyweights like LVMH or Chanel were negatively affected by exchange rate fluctuations, the owner of Zara has received an additional boost from the euro’s depreciation. […]

After months of declining sales, J.Crew leadership has decided to face the ugly and make some tough decisions. The preppy hipster brand will eliminate 175 jobs, look into alternative funding and pass the creative reigns of the namesake’s brand to former head of design at Madewell. Wednesday J. Crew […]

REPORT The footwear major Clarks has said that its sales and profits witnessed a sharp decline owing to discounting strategies and issues with its American business. While its annual sales declined 3.2percent to 1.49 billion pounds (2.29 billion dollars) in the last year, lower pension and interest […]

REPORT Boohoo.com, for the three months ended May 31, 2015 reported revenue rise of 35 percent, with gross margin of 60.6 percent. The company claims to have 3.3million active customers, an increase of 32 percent on prior year. It also reported continued strong performance in the rest of the world, […]

REPORT Continuing with its global expansion strategy, Inditex reported that its first quarter net sales reached 4.4 billion euros (4.9 billion dollars), 17 percent higher than in the first quarter, last year. Store and online sales in local currencies increased by 13 percent. The company’s gross profit […]

REPORT Burlington Stores comparable store sales increased 0.8 percent for the first quarter ended May 2, 2015, following a comparable store sales increase of 2.7 percent in the first quarter of last year. Net sales increased 4.9 percent, or 54.8 million dollars to 1,183.1 million dollars. “We are pleased […]

REPORT Oxford Industries for its fiscal 2015 first quarter ended May 2, 2015 reported consolidated net sales increase of 7 percent to 260.4 million dollars compared to 242.6 million dollars in the first quarter of fiscal 2014. Adjusted earnings from continuing operations grew 9 percent to 1.30 dollars […]

Tuesday witnessed a high deal of insider selling within the apparel industry, with the likes of Abercrombie & Fitch, Chico’s FAS and Nike making it to the news due to the high volume of shares changing (insider) hands. According to a SEC Form-4 filing, the president of Hollister brand and executive […]

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