Earlier this week, FashionUnited reported that SMCP, the owner of Sandro, Maje and Claudie Pierlot, would be launching an IPO in Paris. Now, a source close to the brand has reported that the the IPO could be worth more than 2 billion euros, or 2.4 billion dollars. The news first broke on Business of […]

El minorista británico está empezando a ver la luz al final del túnel: durante la primera mitad del año, la pérdida operacional de French Connection fue de 5.7 millones de libras, por debajo de los 7.9 millones de libras del período anterior. Por otro lado, los ingresos en su división de venta al por […]

ANALYSISThe Spanish textile giant grew 11.5 percent in the first half of 2017, closing the first semester of its fiscal year with 11.671 million euros. The results of the as Zara or Massimo Dutti parent group have accused "the strong appreciation of the euro against most currencies". Profit has also […]

Total sales at OVS grew by 57 million euros (67 million dollars) to 697.1 million euros (828 million dollars), a rise of 8.9 percent, with a 4.1 percent positive contribution from network development and the initial effects of the commercial agreement with Charles Voegele, up 4.8 percent. The company […]

For the year ended June 30, 2017, Esprit reported a net profit of 67 million Hong Kong dollars (8.5 million dollars), representing an improvement in the group’s results against 21 million Hong Kong dollars (2.6 million dollars) reported for FY15/16. The company said, this improvement was primarily driven […]

Inditex Group said that revenue rose by 11.5 percent in the first half of 2017 to 11.7 billion euros (14 billion dollars), underpinned by growth across all markets and brands. First-half net profit amounted to 1.37 billion dollars, a year-on-year growth of 9 percent, while like-for-like sales growth […]

The struggling British retailer is starting to see the light at the end of the tunnel as operating losses start to narrow down. Over the first half of the year, Fashion Connection's operating loss came in at 5.7 million pounds, down from previous period’s 7.9 million pounds. On the upside, wholesale […]

For the six month period to July 31, 2017, French Connection Group’s operating loss was 5.7 million pounds (7.7 million dollars) against loss of 7.9 million pounds (10.6 million dollars) reported in the first half of 2016, an improvement of 2.2 million pounds (2.9 million dollars). Total half-year revenue […]

SMCP, owner of three Parisian brands, Sandro, Maje and Claudie Pierlot, has said that the company has registered its documents with the French Autorité des marchés financiers (AMF), a first step towards its initial public offering. The company also announced that the group’s total net sales grew by […]

Italian group Brama just added a new brand to its portfolio. The group, known for its American premium brands, has just added Frame for its EMEA market from its newest season. Frame was founded in 2012 in Los Angeles as a denim-based company. Combining Parisian roots with 1970's fashion nostalgia, the […]

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