Under Armour has initiated a new five-year plan around two strategic priorities: protect and perform. Reviewing the company's expected performance against its long-term growth strategy, Under Armour expects gross margin to increase approximately 275 to 300 basis points reaching at least 48 percent in […]

For the first half period to October 27, Superdry Plc said, Global Brand revenue (excluding China) grew by 6.4 percent and group revenue growth was 3.1 percent, reflecting continued growth in ecommerce and wholesale channels, which offset a decline in retail store performance. This, together with increased […]

ANALYSIS New York – Shares at Ted Baker Plc. have fallen more than 20 percent in recent weeks, sparked by accusations of harassment made against the executive director of the British fashion company. FashionUnited takes a closer look at what is happening in Ted Baker. Ted Baker Plc announced last week […]

New York - Chinese fashion and cosmetic retailer Mog Inc. debuted its trading in the U.S. stock exchange on December, 6. The company’s stock’s price closed its first trading day unchanged from its 14 dollars apiece IPO’s price. Mogu Inc.’s American depositary shares opened at 12 dollars in New York […]

For its third quarter, The Children’s Place, Inc. reported net sales increase of 32.5 million dollars or 6.6 percent to 522.5 million dollars driven by a positive comparable retail sales increase of 9.5 percent and approximately 5 million dollars due to the new revenue recognition rules, partially offset […]

Ted Baker has announced a 0.2 percent or 0.4 percent constant currency decrease in group revenue for the 16 week period from August 11, 2018 to December 1, 2018, compared to the same period last year. Meanwhile, the company said that it has appointed Herbert Smith Freehills LLP, an independent law firm, […]

Macy's, Inc. has announced that Frank Doroff, Bloomingdale's vice chairman and general merchandise manager for ready-to-wear, Bloomingdales.com and concessions, has made the decision to retire, effective February 8, 2019. The company said that Bloomingdale's has appointed Denise Magid as executive vice […]

New York - The private fashion sales website has announced the launch of a share capital increase by way of an offering of new shares of the company with shareholders’ preferential subscription rights for a gross amount of approximately 40 million euro. The fashion e-tailer has further explained that […]