- AFP |
Famed for luxury red-soled stilettos,French shoe designer Christian Louboutin has taken inspiration for a new sandal from Pakistan's tribal frontier, sparking claims of cultural appropriation along with grins from grizzled Pakistani cobblers. A post on Louboutin's Instagram last month announcing the […]
- Prachi Singh |
Destination Maternity Corporation, for the fourth quarter ended February 2, 2019 reported net loss of 6.4 million dollars or 46 cents per diluted share compared to 10.2 million dollars or 73 cents per diluted share, for the fourth quarter of fiscal 2017. Net loss for fiscal 2018 was 14.3 million dollars […]
- Prachi Singh |
Sales at Skechers USA Inc., grew 2.1 percent or 5.2 percent at constant currency to 1.276 billion dollars for the first quarter, which the company said was a result of a 9.3 percent increase in its international business, partially offset by a 6.3 percent decrease in the domestic business. Comparable […]
- Huw Hughes |
London - JD Sports has bucked the trend of the UK’s harsh retail environment, posting an almost-doubled revenue in its latest results for the 52 weeks to February 2. The sports retailer’s revenue was up 49.2 percent to 4.7 billion pounds for the period, with profit before tax increasing by 15.4 percent […]
- Prachi Singh |
Fast Retailing Group has reported 6.8 percent rise in its first half revenues to 1.2676 trillion yen, while operating profit of 172.9 billion yen (1.56 billion dollars), increased 1.4 percent, and pre-tax profit rose 5.5 percent to 174.2 billion yen (1.57 billion dollars). The company said in a statement […]
- Prachi Singh |
Ted Baker has appointed Lindsay Page as the company's new Chief Executive Officer (CEO) with immediate effect. Page was already serving as acting CEO after former chief executive Ray Kelvin took voluntary leave of absence from his role in December 2018 and later resigned in March this year, following […]
- Angela Gonzalez-Rodriguez |
ANALYSIS New York – Hours before Debenhams made public its ‘pre-packed administration’ deal, Mike Ashley, founder and owner of Sports Direct, made a last-minute offer to the ailing retailer. So why did Debenhams’ management turn down that eleventh-hour lifeline? Sources close to the matter have unveiled […]
- Angela Gonzalez-Rodriguez |
ANALYSIS New York – Earlier this week the British department store chain entered administration after struggling for years with shrinking margins, rising costs and a loss of consumers’ interest in their offering. Now, lenders have taken control and this is what the market says. This Tuesday Debenhams […]