The company said on Thursday its Q3 net profit grew Revenues grew by 5 percent from the same period last year. The company's net profit for Q3 was 465 million dollars, increased from 464 million dollars a year earlier. Revenues grew to 3,385 million dollars. Founded in 1899, VF is one of the world’s […]

Wolf & Badger is celebrating a record year of sales figures in 2019, reporting a surge in online sales, a consistent rise in overall global sales and a “strong performance” from its two flagship stores in London and New York. Online sales at the multi-channel retailer jumped 59 percent from 6.6 million […]

After serving the company for over a decade, Dune Group CEO James Cox is stepping down in March this year to pursue a new professional challenge. The company said in a statement that Cox had joined The Dune Group from Thomas Pink in 2010 as CFO and after rising through the role of COO, was appointed […]

Overall turnover at Richemont increased in Q3. Richemont reported overall turnover of 4,156 compared to 3,915 in the same period last year. Richemont is a Switzerland-based luxury goods holding company. Through its various subsidiaries, Richemont designs, manufactures, distributes and sells premium […]

Silicon Valley-based intimate apparel company Ruby Ribbon has named Clint McKinlay as its new CEO. In his new role, McKinlay is tasked with leading the company into a new era of scaled growth, focused on further development of the direct sales force, as well as strengthening the brand's leadership in […]

Ted Baker has announced the value of inventory held on the group's balance sheet at 26 January 2019 could be overstated by 58 million pounds, more than double the amount it estimated when it announced the error in December. Last month, the British luxury brand announced it had overstated the value of […]

Marks and Spencer has announced it is adding two new roles to the retail, operations and property leadership team as part of its transformation programme. Will Smith joins the retailer as property director from Asda where he served as vice president of real estate, facilities and market development. […]

Total sales at John Lewis for the week to January 18, 2020, were down 2.8 percent as customers shopped the final week of clearance. The company said in a statement that fashion sales were down 2.8 percent overall, again due to lines sold through in clearance but sales of menswear were up 7.3 percent […]

The owner of Reiss is reportedly considering selling the British fashion retailer after a period of impressive trading and against a broader backdrop of troubled British retail. Warburg Pincus, which took a majority stake in the fashion chain back in 2016, has appointed investment bank Rothschild to […]

Beales, one of the UK’s oldest department stores, has fallen into administration, putting over 1,000 jobs at risk. The department store, which began trading in Bournemouth in 1881, appointed accountancy firm KPMG as administrators on Monday after it failed to find a buyer or additional funding. The […]