Amer Sports’ net sales in April-June quarter were 483 million euros (565.6 million dollars) compared to 495.8 million euros (580.7 million dollars). In local currencies, the company said, net sales increased by 2 percent. Gross margin for the quarter was 44.1 percent and EBIT excluding IAC was negative […]

The fashion industry is working on digitising its supply chain. Why this is so important was at the heart of Assyst’s Fashion Forum 2018 in Munich that took place at the beginning of the month. Normally, long development times and hoping for the best According to the motto "Digital is Wow,“ the Human […]

In the first half of 2018, Moncler recorded revenues of 493.5 million euros (579.2 million dollars), an increase of 27 percent at constant exchange and 21 percent at current exchange rates. In the second quarter, revenues rose by 26 percent at constant exchange rates, which the company said, also benefitted […]

Desigual has said in a statement that the company ended the first half of 2018 with a turnover of 323 million euros (378.8 million dollars), a decrease of 14 percent compared to the same period last year, this is due primarily to the restructuring of the distribution network that the company is carrying […]

Montblanc (Richemont) has entered a licensing agreement with Kering Eyewear, allowing it to develop, manufacture and distribute glasses and sunglasses carrying the Montblanc brand. “Montblanc is excited to enter a new relationship with Kering Eyewear, a partner known globally for manufacturing some […]

Forbes, the American magazine best known for its annual list of the world’s billionaires, decided to start a new annual ranking in the wake of the #MeToo movement. The publication partnered up with market research company Statista to list the 300 best employers for women in the United States. H&M is […]

HanesBrands’ board of directors has declared a regular quarterly cash dividend of 0.15 dollar per share to be paid September 5, 2018, for stockholders of record at the close of business August 14, 2018. The company said that this declared cash dividend will be the 22nd consecutive quarterly return of […]

French luxury goods maker Christian Dior said on Tuesday its H1 net profit for 2018 increased 33.6 percent. Revenues rose by 4.8 percent from the same period last year. The company’s net profit for H1 2018 was 1.206 million euros, up from 903 million euros a year earlier. Revenues increased to 21,750 […]

French retailer of luxury goods LVMH said on Tuesday its Group share of H1 net profit for 2018 increased by 41.2 percent to 3,004 million Euros. Revenues increased by 10.3 percent from the same period last year. For the second quarter, the company's revenues increased by 11 percent Hover over the graph […]

Ivanka Trump, fashion entrepreneur and First Daughter of the United States, will be shutting down her eponymous label. The news was first reported by The Wall Street Journal. Trump originally stepped away from the brand in January 2017 when her father, Donald Trump, was set to become President of the […]

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