REPORT Billabong International announcing its full-year financial results to June 30, 2015, said turnaround accelerating with net profit after tax, including significant items and discontinued businesses (NPAT) of 4.2 million Australian dollars (2.9 million dollars) compared to a 233.7 million Australian […]

REPORT Abercrombie & Fitch’s second quarter net sales decreased 8 percent to 817.8 million dollars from the second quarter last year, which included a comparable sales decline of 4 percent and an adverse impact from changes in foreign currency exchange rates of approximately 5 percent. “In our second […]

REPORT Announcing its financial results for the second quarter, Chico’s reported adjusted net income of 35.5 million dollars compared to net income of 30.1 million dollars for the thirteen weeks ended August 2, 2014. Adjusted earnings per diluted share were 0.25 dollar compared to earnings per diluted […]

REPORT Express net sales increased 11 percent to 535.6 million dollars from 481.4 million dollars in the second quarter of 2014. Comparable sales including e-commerce sales increased 7 percent, compared to a 5 percent decrease in the second quarter of 2014 and ecommerce sales rose 21 percent to 75 million […]

Portuguese luxury fashion rental start-up Chic by Choice (CBC) has just announced the acquisition of its German competitor La Remia for an undisclosed sum. As reported in a exclusive by ‘Techcrunch’, Anna Mangold and Claudia von Boeselager, the founders of La Remia, will stay on board as advisors. CBC […]

REPORT For the thirteen week period ended August 1, 2015, which compares to the thirteen week period ended August 2, 2014, DSW reported sales increase of 6.8 percent to 627 million dollars compared to last year's sales of 587 million dollars. Comparable sales increased by 1.8 percent compared to last […]

Bangladesh's RMG industry is once again making headline but this time, it is not about export figures, workers' wages or safety measures. The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has taken on a very different cause - it is planning to help in recruiting autistic youths […]

American Apparel Inc. is reportedly seeking advisers to help put together a plan to restructure the company in bankruptcy court, according to two people with knowledge of the matter. As reported by Bloomberg early morning Wednesday, the troubled apparel retailer would have made calls in recent weeks […]

New York - No one is letting Apple have the sole monopoly on the smartwatch. Swatch's CEO Nick Hayek was quoted saying to Swiss newspaper Tages-Anzeiger "Our product is called Touch Zero One and that gives enough room for Zero Five, Zero Nine. The Touch Zero One is not the end of the progression." While […]

REPORT The *Children's Place, *announcing its financial results for the thirteen weeks ended August 1, 2015 said that net sales were 366.5 million dollars including the negative impact of approximately 6.4 million dollars from currency exchange rate fluctuations. This compares to net sales of 384.6 […]

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