REPORTNew York – Shares of Tilly's Inc. (TLYS) fell more than 11 percent in the extended session Wednesday after the apparel retailer reported fiscal first-quarter earnings in line with Wall Street expectations. “Tilly’s continued its positive momentum during the first quarter of fiscal 2019 with its […]

Abercrombie & Fitch Co announced today an increase of net sales to 734 million dollars for its first quarter of the 2019 fiscal year, which quarter ended on May 4, 2019. While net sales only increased slightly compared to the same quarter last year, the company experienced an improved operating loss […]

For the fourth quarter ending on March 30, 2019, Capri Holdings Limited announced a growth of 13.9 percent, with a total revenue of 1.344 billion dollars. The global fashion luxury group, experienced a full year revenue growth of 11 percent, while on a constant currency basis, total revenue increased […]

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 […]

After months of exclusive negotiations and recent approval from the Autorité de la concurrence, Maus Frères International has quickly moved to officially acquire The Kooples, according to an announcement from the Swiss group. Maus Frères recently its negotiations for The Kooples in March 2019, and received […]

Tights have been a part of our wardrobe for centuries. They started as a men’s affair, but became a womenswear staple when hemlines started rising around the 1920s. Nylon and Lycra, invented by DuPont in the 1940s and 1950s respectively, contributed to make tights even more popular by conferring strength, […]

Kontoor Brands has confirmed it has completed its separation from VF Corporation, which was first announced last August, as it looks to create a “global lifestyle apparel leader” in denim with its brands, Wrangler, Lee and Rock and Republic. The denim apparel group will now be an independent, publicly […]

Amazon basin countries have manifested their disappointment with a recent decision by the Internet Corporation for Assigned Names and Numbers (ICANN) to grant American retailer Amazon exclusive rights to the .amazon domain name. The presidents of Peru, Ecuador, Colombia and Bolivia published a statement […]

These are hard times for brick and mortar retail. While consumers still like to shop in brick and mortar stores, many retailers have been struggling to stay afloat due to dropping footfall in shopping malls and competition with online retailers. Here’s a recap of the fashion businesses which announced […]

New York-based athletic retailer Foot Locker, Inc., for its first quarter ended May 4, 2019 reported net income of 172 million dollars or 1.52 dollars per share compared to 165 million dollars or 1.38 dollars per share in the corresponding prior-year period. The company said, non-GAAP earnings were […]

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