In a tough economic environment in South Africa and in the UK, Truworths Group said that its retail sales for the 52-week period ended July 1, 2018 remained unchanged at 18 billion rand (1.2 billion dollars). Relative to the 53-week prior reporting period ended July 2, 2017, Group retail sales decreased […]

Tailored Brands, Inc. has announced the appointment of Richard Hansen as Senior Vice President, strategy & analytics, reporting to Doug Ewert, the company’s CEO and Samantha Lee as Senior Vice President, Chief Digital Officer, who will report to Bruce Thorn, the company’s President and Chief Operating […]

ANALYSISNew York – Consumers’ habits have changed dramatically since the economic recession hit a decade ago. Online shopping has become the new normal, while more and more consumers turn into savvy thrifters. The result? Second-hand apparel sales are estimated to surpass 40 billion dollars by 2022. […]

Madrid - Dolores Promesas has closed the first half of its current fiscal year selling 10 percent more. The Spanish women's fashion firm is thus close to its goal of closing 2018 with circa 10 million euros in sales. Dolores Promesas has increased its sales by 10 percent in the first half of the year, […]

For the second quarter of 2018, total adjusted revenue at Iconix Brand Group, Inc., the company said, was 50.2 million dollars, a 17 percent decline and for the six months ended June 30, 2018, total adjusted revenue was 98.8 million dollars, again a 17 percent decrease as compared the six months ended […]

The Tom Tailor Group has said that in the first half of 2018, the company was able to increase sales of its Tom Tailor brands by 1.2 percent to 277.8 million euros (322.9 million dollars), while the Group's total sales fell by 1 percent to 399.3 million euros (464 million dollars), due to technical […]

ANALYSISTod’s is willing to sacrifice margins and revenue in the short-term in order to achieve its strategic repositioning to focus on higher-end products. Earlier this year the Italian luxury group embarked on a new strategy, launching multiple collections throughout the year and focusing on more […]

Fashion retailer Nordstrom, Inc. has announced the appointment of Edmond Mesrobian as the company’s new Chief Technology Officer (CTO). In this role, the company said, Mesrobian will help Nordstrom continue to bolster its strategy of leveraging digital and technology capabilities while expanding customer […]