Ahlers Ag has announced that sales revenues in the first six months of the fiscal year 2018/19 declined by 5 percent or 5.5 million euros to 105.3 million euros (118.7 million dollars). However, the company’s management board continues to expect consolidated earnings to grow at a high double-digit percentage […]

Levi Strauss & Co. missed analysts' earnings expectations in the second quarter of the fiscal year, reporting on Tuesday a 5 percent increase in sales for the second quarter of the year, but a 63 percent drop in net income to 49 million dollars (about 39 million pounds). The American denim specialist […]

Superdry has reported a pre-tax loss of 85 million pounds (106 million USD) in what has been a turbulent year for the British fashion retailer. For the year ending 27 April, the company made a full-year statutory loss before tax of 85.4 million pounds (106.5 million USD), compared to a prior year profit […]

VF Corporation has announced the appointment of Denny Bruce to the position of Global Brand President, Dickies, effective July 1. The company said, he reports to Curt Holtz, Executive Vice President and Group President, Workwear. “Dickies is an iconic brand that has stood alongside generations of proud […]

Primark, part of the diversified group Associated British Foods plc has announced through a statement that sales in the year-to-date were 4 percent ahead of last year at constant currency and actual exchange rates, driven by increased selling space but offset by a decline in like-for-like sales. For […]

Nike, Inc. has announced that fourth quarter revenue increased to 10.2 billion dollars, up 4 percent on a reported basis and 10 percent on a currency-neutral basis, while full year revenue rose to 39.1 billion dollars, up 7 percent on a reported basis and 11 percent on a currency-neutral basis, as strategic […]

Hennes & Mauritz AB (H&M), for its second quarter, said that the group’s net sales increased by 11 percent to 57.5 billion Swedish krona (6.2 billion dollars), while in local currencies, net sales increased by 6 percent compared with the corresponding quarter last year. Gross profit amounted to 31.5 […]

The fashion industry is doing everything it can to prevent the Trump administration from establishing a fourth tranche of tariffs of up to 25 percent on imports of Chinese goods. This time the products would include apparel, footwear and accessories. Yesterday, Columbia Sportswear’s Director of Global […]