Salvatore Ferragamo S.p.A. reported total revenues of 705 million euros (786 million dollars), up 4.6 percent at current exchange and 4.4 percent at constant exchange rates. In the second quarter, total revenues increased 4.9 percent or 4.5 percent at constant exchange rates. The company said, profit […]

Under Armour, Inc. for its second quarter ended June 30, 2019 posted revenue increase of 1 percent or 3 percent on currency neutral basis to 1.2 billion dollars. The company said, wholesale revenue decreased 1 percent to 707 million dollars and direct-to-consumer revenue was up 2 percent to 423 million […]

After QuattroR SGR purchased 60 percent stake of Trussardi S.p.A. in February, the company has now announced the appointment of industry veteran Maela Mandelli as the company’s new Chief Executive Officer, effective September 2019. The company also said that Giuseppe Pinto joined the firm as Chief Operating […]

After revealing that a last-minute Belgium tax liability delayed the results on Friday, Sports Direct International said that group increased by 10.2 percent to 3,701.9 million pounds (4,577.8 million dollars) in the year to April 28, 2019 with UK Sports Retail increasing by 0.3 percent to 2,187.3 million […]

Consolidated revenue at Kering for the first half of 2019 amounted to 7,638.4 million euros (8509.7 million dollars), an increase of 18.8 percent as reported and 15.3 percent based on a comparable group structure and exchange rates. However, the luxury conglomerate’s star brand Gucci registered 19.8 […]

The troubled Sonia Rykiel French fashion house -- that once symbolised the rebellious spirit of Paris in 1968 -- on Thursday went into liquidation. A Paris court ordered the winding up of the loss-making brand founded by the "Queen of Knits" Rykiel, an icon of 1960s revolt against the fashion establishment. […]

Carter’s, Inc. said for its second quarter net sales increased 38.2 million dollars or 5.5 percent to 734.4 million dollars, driven by growth in the company’s U.S. Retail and U.S. Wholesale segments, partially offset by a decline in net sales in the international segment. The company added that changes […]

EXCLUSIVE Italian group OTB has increased its stake from 51 percent to 70 percent in Viktor&Rolf. The company said that the remaining 30 percent will be equally split between the two Dutch designers Viktor Horsting and Rolf Snoeren, who founded by the label in 1993 and joined the OTB group in 2008. […]