- Prachi Singh |
Group revenue at Superdry fell by 19.2 percent year-on-year to 704.4 million pounds (904.3 million dollars), which the company said, was driven by a decline in both divisions, with retail declining 18.2 percent and wholesale declining by 20.7 percent. The group’s statutory loss after tax for the year […]
- Prachi Singh |
Inditex Group sales continued to recover during the first half of 2020 to reach 8 billion euros, decline of 37 percent, helped by an improved second quarter, when the fall in sales slowed to 31 percent, from a decline of 44 percent in the first quarter. The company said in a statement that it also returned […]
- Prachi Singh |
Crocs, Inc. has appointed Michelle Poole as President of the company effective September 10, 2020. She will continue to report to Andrew Rees, Chief Executive Officer. The company said in a statement that as President, Poole will assume responsibility for Americas, Asia and EMEA regional commercial […]
- Angela Gonzalez-Rodriguez |
New York – The British fast-fashion retailer warned Wednesday that it could be forced to consider “less favourable alternatives”, including liquidation, if they failed to convince creditors to back its business turnaround proposals. So far, about 10 landlords, including the owners of large shopping […]
- Huw Hughes |
SMCP, the parent company of Parisian labels Sandro, Maje, Claudie Pierlot and De Fursac, has swung to a loss in the first half of the year due to Covid-19, but says it has implemented a number of cost-cutting measures to ride out the pandemic. The French premium fashion group reported a loss of 88.5 […]
- Prachi Singh |
For its second quarter, Tilly’s, Inc., total net sales were 135.8 million dollars, a decrease of 25.9 million dollars or 16 percent compared to last year. The company said in a statement that net sales from physical stores were 83.9 million dollars, a decrease of 55.1 million dollars or 39.6 percent, […]
- Prachi Singh |
For the second quarter, PVH Corp said that the results exceeded the company’s expectations despite continued disruption from the Covid-19 pandemic with revenue decrease of 33 percent to 1.581 billion dollars compared to the prior year period. The company’s revenue through its digital channels grew over […]
- Huw Hughes |
Luxury fashion group Capri Holdings has named Hannah Colman as the new CEO of Jimmy Choo. Colman, who has been serving as interim CEO, joined Jimmy Choo 24 years ago as a store manager in the first boutique on Motcomb Street, London, making her one of the label’s earliest employees. Since then, she […]