London - Luxury Italian fashion house Gucci has left the International Anti-Counterfeiting Coalition (IACC), a Washington DC based group after it opened its membership to “intermediaries” and allowed Chinese e-commerce giant Alibaba to become a member last month. Gucci notified the IACC of its intention […]

REPORTCrocs revenues increased 6.5 percent to 279.1 million dollars. On a constant currency basis, revenue increased 9.2 percent compared to the first quarter of 2015. Net income attributable to common stockholders on a GAAP basis was 6.4 million dollars or 0.07 dollar per diluted share. “We are pleased […]

REPORTGap net sales in the month of April were 1.12 billion dollars compared with 1.21 billion dollars for the four-week period ended May 2, 2015. For the first quarter, net sales were 3.44 billion dollars compared with 3.66 billion dollars for the same quarter last year. The company said that it will […]

Chinese e-commerce giant Alibaba's revenue surged 39 percent year-on-year in the first three months of 2016, it said Thursday, its fastest growth in the last four quarters. Revenue hit 24.18 billion yuan (3.75 billion US dollars ) for the three months to March, it said in its quarterly results announcement, […]

REPORTApril 2016 same-store sales at Uniqlo Japan, part of the Fast Retailing Group, increased by 1.3 percent year on year while sales at its own stores increased by 1 percent. The company said, total sales including online sales increased by 2.3 percent during the month under review. It added that […]

REPORTIconix Brand Group for the first quarter ended March 31, 2016 reported licensing revenue of approximately 94.6 million dollars, a 1 percent decline as compared to approximately 95.8 million dollars in the first quarter of 2015. “I am pleased with our results today and that we remain on track to […]

REPORTL Brands net sales increased 2 percent to 737.5 million dollars for the four weeks ended April 30, 2016, compared to net sales of 724.6 million dollars for the four weeks ended May 2, 2015. Comparable sales increased 1percent. The company reported net sales of 2.614 billion dollars for the first […]

Los Angeles - After prepping for a Chapter 11 bankruptcy, it seems that Aeropostale is only headed for more turmoil. The filing is potentially opening the teen retailer up to a conflict with one of its major shareholders: Sycamore Partners. The reason that the court filing may cause problems for its […]

REPORTAdidas Group currency-neutral sales increased 22 percent in the first quarter of 2016, with accelerating momentum at both Adidas and Reebok. In euro terms, Group revenues grew 17 percent to 4.769 billion euros (5.483 billion dollars). “We are off to a powerful start in 2016 with record first quarter […]

REPORTWolverine Worldwide first quarter reported revenue stood at 577.6 million dollars for the period ended March 26, 2016. Underlying revenue declined 6.6 percent and reported revenue declined 8.5 percent versus the prior year. “We exceeded expectations for both revenue and earnings in the first quarter […]

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