While veterans were recognized in the U.S. and those fallen in the Second World War were to be remembered in Europe, in China, this November 11 was to celebrate singles. The now largest e-commerce sale day by volume closed with a new record 45 billion dollars in online shopping. Alibaba Group, during […]

Prada has signed a cooperation agreement with Italy's tax authorities according to Business of Fashion. This practice is known as cooperative compliance regime. Basically, there is an exchange of information between the company and authorities to avoid disputes and help businesses avoid tax demands. […]

In the first nine months of 2017, Aeffe’s consolidated revenues amounted to 235 million euros (273 million dollars), a 9.9 percent increase at current exchange and 10 percent at constant exchange rates. Revenues of the prêt-à-porter division amounted to 179.9 million euros (209 million dollars), up […]

Announcing its unaudited results for the six-month period, Richemont said sales increased by 10 percent at actual exchange rates and by 12 percent at constant exchange rates to 5,605 million euros (6,527 million dollars). Gross profit increased by 13 percent and there was a 190 basis point margin increase […]

Violence against women in the workplace is real and happens every day and everywhere - in factories, offices and on the shop floor. It takes many forms – from verbal harassment to physical and sexual abuse. All forms of violence are unacceptable, which is why global union federation IndustriALL has […]

Sequential Brands Group’s third quarter revenue was 39 million dollars, compared to 42 million dollars in the prior year quarter. On a GAAP basis, the net loss for the quarter was 24.2 million dollars or 0.38 dollar per diluted share compared to net income of 1.3 million dollars or 0.02 dollar per diluted […]

In the third quarter, Yoox Net-A-Porter Group (YNAP) recorded consolidated net revenues, net of returns and customer discounts, of 481.8 million euros (558 million dollars), up 17.7 percent on an organic and 10.7 percent reported basis. This quarterly performance contributed to net revenues of 1.5 billion […]

For the 26 weeks to October 28, 2017, SuperGroup, owner of the Superdry brand said that global brand revenue increased by 25.2 percent to 756.3 million pounds (994 million dollars), benefitting from continued strong growth across all channels. Reported group revenues increased by 20.4 percent in the […]

Announcing its interim results for the first half year, Burberry said, revenue in the period increased 4 percent underlying and 9 percent reported to 1,263 million pounds (1,659 million dollars), with retail comp store sales up 4 percent. The company’s adjusted operating margin rose 210bps to 14.6 percent, […]

During the third quarter, Adidas Group’s currency-neutral revenues rose 12 percent. In euro terms, sales for the company were up 9 percent to 5.677 billion euros (6.59 billion dollars). The company’s operating profit increased 35 percent during the third quarter to 795 million euros (922 million dollars), […]

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