According to preliminary figures, Gerry Weber International AG generated consolidated sales revenues of 880.9 million euros (1,096 million dollars) in the fiscal year 2016/17. The company said, at 2.2 percent, the decline in sales revenues on the previous year is within the planned range of a decline […]

Sales at Hennes & Mauritz AB (H&M) including VAT amounted to 58,481 million Swedish krone (7,431.4 million dollars), down 2 percent in local currencies. Sales including VAT in the financial year 2016/2017 increased by 4 percent or 3 percent in local currencies and amounted to 231,771 million Swedish […]

In its preliminary results announcement for the year ended December 31, 2017, Safilo Group S.p.A. said that sales were 1,047 million euros (1,303 million dollars) for the year and declined by 194 million euros (241 million dollars) at constant currency compared to 2016. Safilo expects profitability […]

SMCP, owner of Sandro, Maje and Claudie Pierlot, reported 16 percent or 17.5 percent sales growth to 912 million euros (1,135 million euros) in FY 2017. In the fourth quarter, sales increased 14.1 percent to 256 million euros (318 million dollars), which the company said was driven by a very dynamic […]

Julian Dunkerton, co-founder of Superdry’s brand, has obtained almost 18 million pounds after selling one million shares in the fashion company. According to financial update issued by the apparel group on Monday, Dunkerton has sold one million shares (1.23 percent of the company’s equity) in Superdry, […]

London - Global innovations firm Alvanon has partnered with former Editor-in-Chief of Apparel Monthly Jenny Liu, to launch a unique industry hub: The Shanghai Apparel Experience Center (SHAEC). The new hub aims to connect market pioneering technologies and sustainable innovations to help transform the […]

For the 52 week period ended June 24, 2017, lingerie player Ann Summers has posted a 180 percent jump in profit before tax at 2.9 million pounds (4 million dollars) against 0.9 million pounds (1.2 million dollars) in the previous year. The company said airing of ITV’s six-part drama series ‘Brief Encounters’ […]

In a preliminary results statement, Luxottica Group said that the company closed the fourth quarter of 2017 with sales up 4.3 percent at constant exchange down 2.3 percent at current exchange rates as a result of the strong appreciation of the euro against the group’s other primary currencies. The company […]

Weyco Group recently just signed a new agreement with Samar Lifestyle Private Limited to distributed to new countries. Through this partnership, the innovative footwear company will now distribute Florsheim Footwear in India, Pakistan, Bangladesh, Bhutan, and Nepal. "Their expertise in both footwear […]

The Danish fashion industry’s total turnover amounted to 45 billion Danish krone (7.5 billion dollars) in 2017, 4 percent ahead of last year, driven by exports of 28.7 billion Danish krone (4.8 billion dollars), with Germany playing a key role in the industry’s development, reveals a recent analysis […]

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