In the second quarter of 2019, SMCP, the parent company of Sandro, Maje and Claudie Pierlot said consolidated sales reached 265.7 million euros (295.7 million dollars), up 8.9 percent at constant currency, while the company said, reported sales stood at 10.1 percent, including a positive currency impact […]

For its first half to June 30, 2019, Moncler S.p.A., recorded revenues of 570.2 million euros (634.8 million dollars), an increase of 13 percent at constant exchange and 16 percent at current exchange rates, compared to the respective period in 2018. The company said, growth rate accelerated in the […]

Luxury conglomerate LVMH Moët Hennessy Louis Vuitton recorded revenue of 25.1 billion euros (27.9 billion dollars) in the first half of 2019, up 15 percent, while organic sales growth was 12 percent compared to the same period in 2018. The company said, in the second quarter, revenue increased by 15 […]

VF Corporation, for its first quarter ended June 29, 2019 reported revenue increase of 6 percent or 9 percent in constant dollars to 2.3 billion dollars. Adjusted revenue increased 6 percent or 8 percent in constant dollars to 2.3 billion dollars. Earnings per share were 24 cents on a reported basis, […]

ANALISYS New York – Ted Baker's shares jumped earlier this weeks on the news reports that the fashion retailer’s founder, Ray Kelvin, was considering buying out the company. Kelvin, who quit as chief executive in March in the wake of allegations of inappropriate behaviour, owns 35 percent of Ted Baker. […]

New York – The fashion industry in the U.S. have shared they're concerned about the trade wars with China might hinder their business and supply over the next couple of years. The United States Fashion Industry Association (USFIA) released Tuesday its sixth annual Fashion Industry Benchmarking Study, […]

ANALISYS New York – Earlier this month Reuters cited sources close to the matter, reporting that the retailer "hired advisers to explore debt restructuring options." The report, which cited people "familiar with the matter," called the move a "high-stakes attempt to get its financial house in order". […]

Hermès has reported that sales were up 12 percent at constant exchange and 15 percent at current exchange rates to 1,675 million euros (1,874 million dollars) in the second quarter. The group's consolidated revenue amounted to 3,284 million euros (3,674 million dollars) in the first half of 2019, up […]