Celebrity-loved London-based baby and toddler clothing brand, Mori has raised more than 4 million pounds in a Series A funding round, which it states will help it open bricks-and-mortar stores and expand into the US and other international markets. The premium clothing and accessories brand for newborn […]

In its financial results statement for the fourth fiscal quarter and fiscal year ended March 31, 2019, Deckers Brands said, fourth quarter net sales decreased 1.6 percent or 1.4 percent on constant currency to 394.1 million dollars, while full year net sales increased 6.2 percent to 2.020 billion dollars […]

Topshop owner Sir Philip Green is planning to close 23 of his retail empire's stores across the UK and Ireland, as well as all 11 of the Topshop and Topman stores in the US as part of a CVA proposal. Arcadia, which owns Topshop, Dorothy Perkins, Miss Selfridge, Wallis, Evans and Burton, is also asking […]

For its fourth quarter and full year ended March 30, 2019, VF Corporation , said revenue increased 6 percent or 9 percent in constant dollars to 3.2 billion dollars and 12 percent or 13 percent in constant dollars to 13.8 billion dollars, respectively. VF’s board of directors declared a quarterly dividend […]

PVH Corp., owner of brands such as Calvin Klein, Tommy Hilfiger, Van Heusen, Speedo, and Izod has announced the appointment of Stefan Larsson to the newly created role of President, PVH Corp. effective June 3, 2019. The company said, Larsson will have the responsibility for managing PVH’s branded businesses […]

Nordstrom, Inc. reported earnings per diluted share for the first quarter ended May 4, 2019 of 23 cents compared to 51 cents last year, while the company said, total net sales decreased 3.5 percent to 3,349 million dollars. Nordstrom said, top-line results were impacted by — loyalty, digital marketing […]

Net sales for the first quarter of fiscal 2020 at The TJX Companies, Inc. increased 7 percent to 9.3 billion dollars, while consolidated comparable store sales increased 5 percent over last year’s 3 percent increase. Net income for the first quarter was 700 million dollars and diluted earnings per share […]

J. C. Penney Company, Inc. has announced that Shawn Gensch, an executive with 25 years of experience in marketing and finance, has been named executive vice president, chief customer officer, effective June 3, 2019, reporting to Jill Soltau, the company’s CEO. The company said, he will be responsible […]