ANALYSISAdidas keeps eating Nike’s market share in the former’s home country, as the world’s largest athletic apparel brand has failed to post gains in its largest sales region for the first time in more than 10 quarters. Meanwhile, Adidas has known how to leverage its heritage brand and design to sell […]

The 1billion dollars e-commerce site founded by Dubai billionaire Mohamed Alabbar has launched on the neighbouring country several months after its original opening date. The UAE launch comes soon after the site confirmed it was on track to begin operations later this year after announcing an investment […]

Perry Ellis International and Guy Harvey Enterprises today announced the signing of an exclusive global licensing agreement for Guy Harvey apparel, which features the iconic ocean-inspired artwork of world-renowned artist, conservationist, scientist and entrepreneur Dr. Guy Harvey. The licensing agreement […]

Sales at Hunter dropped 10 percent to 102.9 million pounds (138 million dollars), while the company’s adjusted EBITDA fell to 9.2 million pounds (12 million dollars) from 14.1 million pounds (18 million dollars) last year, reports Fashion Network. The report added that the brand popularly known for […]

Dutch retailer Hema is exploring options for the future of the company, which may include a future sale of the business, according to the company's financial update for the second quarter of the fiscal year 2017. Hema’s net sales increased to 287 million euros (338 million dollars) in the second quarter […]

ANALYSIS London - Is the H&M Group set to go head to head with Inditex? Hennes & Mauritz Ab (H&M) has announced plans to launch its ninth brand in its nine-month report to August 31, 2017, as the Swedish fashion giant continues to invest in faster lead times and expand into new markets. Not much is […]

Mexico - On Thursday, 19 September 1985, an earthquake measuring 8.1 on the Richter scale hit Mexico City, as well as 10 states of the Mexican Republic. This month, 32 years after that terrible day and again on 19 September, a 7.1-magnitude earthquake overturned the nation yet again. For a minute and […]

For the nine month period from December 1, 2016 to August 31, 2017, the H&M group’s sales including VAT increased by 7 percent to 173,290 million Swedish krona (21,237 million dollars). The company said, sales excluding VAT amounted to 149,597 million Swedish krona (18,335 million dollars), an increase […]

Rocket Internet said that its selected companies demonstrated further growth and improvement in profitability in the first half of 2017. Aggregate revenue across the focus sectors food & groceries, fashion, general merchandise and home & living grew by 29 percent to 1.24 billion euros (1.45 billion […]’s group revenue for the half year increased by 106 percent or 101 percent CER on the previous year to 262.9 million pounds (352 million dollars), with the company witnessing revenue growth across all territories and brands. The company said, adjusted EBITDA was 27.8 million pounds (37 million […]

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