Nike’s board of directors has approved a quarterly cash dividend of 0.20 dollar per share on the company’s outstanding Class A and Class B Common Stock, which the company said an 11 percent increase over the prior quarterly dividend rate of 0.18 dollar per share. “This marks Nike’s 16th consecutive […]

INTERVIEW Lingerie brand Boux Avenue has come a long way since launching five years ago, with chief executive Theo Paphitis declaring that the high street brand has “come of age,” and ahead of its busiest time of year Christmas, FashionUnited caught up with him at the brand’s festive campaign launch […]

British heritage menswear brand Marc Darcy has recorded a 57 percent rise in revenue year-on-year, a 66 percent growth in average monthly customer spend and a 120 percent rise in visitors to the site since its launch in 2015. The Manchester-based company attributed this growth to increase online marketing […]

As of 30 September 2017, the Salvatore Ferragamo Group posted total revenue of 1,005 million euros (1,884 million dollars), a 0.9 percent decrease against 9M 2016. The company said revenue growth at constant exchange rates was 0.2 percent. In the third quarter, total revenue amounted to 287 million […]

Net sales at Björn Borg increased by 14.3 percent to 205.7 million Swedish krona (24 million dollars). The company said currency effects on sales were marginal in the quarter. The gross profit margin was 56.3 percent compared to 50.4 percent last year, while operating profit amounted to 32 million Swedish […]

L Brands earnings per share for the third quarter ended October 28, 2017, decreased 29 percent to 0.30 dollar compared to 0.42 dollar for the quarter ended October 29, 2016. Third quarter operating income decreased 18 percent to 231.7 million dollars compared to 283.6 million dollars last year, and […]

Net revenues at Brunello Cucineli of 384.2 million euros (452 million dollars), increased 10.3 percent at current or 9.8 percent at constant exchange rates compared to the same period in 2016 led by growth in all geographical areas and all distribution channels. The company said it achieved considerable […]

Global Brands Group Holding announcing its interim results for the six months ended September 30, 2017 said that revenues decreased by 3.2 percent to 1,785 million dollars compared to the same period last year. The company said decline in sales was driven by the shift of retail buying to later in the […]

The Children’s Place reported net sales increase of 3.4 percent to 490 million dollars in the third quarter of 2017, while comparable retail sales increased 5.1 percent. Net income was 44.1 million dollars or 2.44 dollars per diluted share compared to 44.2 million dollars or 2.36 dollars per diluted […]

Forever 21 announced on Tuesday that customers who shopped in certain stores this year may have had their credit-card information stolen. This data breach might have specifically affected customers who shopped in the chain’s stores from March 2017 through October 2017. However, the number of people […]

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