London - Chinese e-commerce giant Alibaba has signed exclusive partnerships with more than 20 fashion brands, including Zara and Timberland, in its latest step to compete with rivals such as, which last month signed a deal to sell Taylor Swift’s debut fashion line. Alibaba said its platform […]

REPORT The consolidated net revenues of the Prada Group for the six months ended July 31, 2015 amounted to 1,823 million euros (1,999 million dollars), with a 4 percent increase compared to the corresponding period in 2014, because of the positive performance of retail channel which more than compensated […]

ANALYSIS If less than a year ago China was the promised land of opportunities for luxury goods retailers, now, big fashion and luxury players such as LVMH and Kering, attributed their positive second-quarter performance to sales in markets excluding China, Hong Kong and Macau. "Companies thought China […]

Los Angeles - An Israeli-based clothing company recently acquired women’s loungewear company P.J. Salvage. The company recently acquired P.J. Salvage and will now add leisurewear and activewear to its list of apparel merchandise. In addition to the acquisition, all of the assets of Loomworks Apparel […]

REPORT The Cato Corporation reported sales of 66.9 million dollars for the four weeks ended August 1, 2015, up 2 percent to sales of 65.3 million dollars for the four weeks ended August 2, 2014. Same-store sales for the month were down 1 percent to the prior year. “July same-store sales were slightly […]

REPORT L Brands reported net sales of 759.5 million dollars for the four weeks ended August 1, 2015, an increase of 3 percent, compared to net sales of 735.3 million dollars for the four weeks ended August 2, 2014. Comparable store sales increased 3 percent for the four weeks. The company reported net […]

REPORT Michael Kors Holdings revenue for the first quarter ended June 27, 2015 increased 7.3 percent to 986 million dollars from 919.2 million dollars in the first quarter of fiscal 2015. On a constant currency basis, total revenue increased 13.4 percent. Retail net sales increased 9 percent to 523.3 […]

REPORT In the second quarter of 2015, Adidas Group revenues grew 5 percent on a currency-neutral basis, driven by continued sales momentum at both Adidas and Reebok. In euro terms, Group revenues grew 15 percent during the second quarter to 3.907 billion euros (4.257 billion dollars) in 2015. Currency-neutral […]

ANALYSISAfter a difficult first quarter when it posted a net loss, The New York-based accessories brand’s stock surged following the earnings release, which showed 10 percent to 12 percent improvements in direct-to-consumer comparable sales, excluding e-commerce. “Our second quarter results demonstrate […]

ANALYSISCoach's net income fell 84.4 percent to 11.7 million dollars, or 4 cents per share, in the quarter ended June 27. However, Coach, Inc. (NYSE:COH) still managed to beat Wall Street’s expectations for its fiscal fourth quarter, boosting its stock by nearly 7 percent in early trading Wednesday. […]




Latest jobs