Tueday marked five years since thousands of workers were killed by the collapse of the Rana Plaza textile factory in Bangladesh. Due to the extremely low wages and tax advantages Bangladesh is the center for fast and cheap production of fast fashion. However, more and more Western fashion companies […]

In the first quarter of 2018, Puma’s sales increased by 21.5 percent currency-adjusted and 12.5 percent reported to 1,131.1 million euros (1,381.9 million dollars). The company said, due to the strength of the euro against all other major currencies during the first quarter, there was a 9 percent negative […]

The Kering Group reported 27.1 percent growth on reported and 36.5 percent on comparable basis in consolidated revenue for the first three months of 2018 to 3,107.8 million euros (3,797.2 million dollars). Directly operated store sales were up 39.9 percent on a comparable basis, with double-digit growth […]

Paris - Five years on from the industrial disaster that killed over 1,130 clothing factory workers in Bangladesh, high street fashion giants have invested millions in developing more socially responsible practices. But experts say the people who produce the T-shirts, dresses and rompers that sell like […]

The OTB Group founded by Renzo Rosso, reported a 2.4 percent decrease in turnover at constant exchange rates to 1.52 billion euro (1.87 billion dollars), reports MF Fashion. Quoting the company statement, the report said, overall increase in margins, together with cost optimization actions, led the […]

ANALYSISBritish discount fashion retailer Primark keeps expanding its footprint across the Pond, with the opening of their ninth store in the U.S. around the corner. However, the affordable fashion chain has yet to find the ‘right fit’ for the North American market, highlight industry analysts. Primark […]

Revenues at Cherokee Global Brands for the fourth quarter were 6.9 million dollars from continuing operations, while net loss of 45.6 million dollars or 3.26 dollars per diluted share, the company said, reflected the impact of a one-time impairment charge of 35.5 million dollars against 11.1 million […]

Destination Maternity Corporation said that net sales for the fourth quarter rose to 105.1 million dollars driven by an increase in comparable retail sales as well as additional sales generated in the 53rd week. Comparable sales for the quarter increased 5.2 percent. For the full fiscal year, net sales […]