At the end of September 2016, the Hermès Group's consolidated revenues amounted to 3,697 million euros (4,206 million dollars), up 8 percent at constant exchange rates. At current exchange rates, growth was 7 percent. The Group's stores posted a 9 percent increase in sales at constant exchange rates, […]

Adidas Group sales increased 17 percent in the third quarter on a currency-neutral basis with Adidas brands sales rising 20 percent and Reebok reporting a growth of 7 percent. The company witnessed double-digit growth in all markets except Russia/CIS. Net income from continuing operations improved 15 […]

Major fashion companies are often put off by China and its rise in manufacturing prices, which is precisely why they are willingly turning closer to home to relocate production. Turkey, Tunisia, Portugal and Romania - each has its speciality in regards to sourcing and apparel manufacturing. Despite […]

Major fashion companies are often put off by China and its rise in manufacturing prices, which is precisely why they are willingly turning closer to home to relocate production. Turkey, Tunisia, Portugal and Romania - each has its speciality in regards to sourcing and apparel manufacturing. Despite […]

October 2016 same-store sales including online sales at Uniqlo Japan, a part of Fast Retailing Group, decreased by 0.6 percent year on year. However, sales at its own stores increased by 0.2 percent. Total sales including online sales increased by 0.2 percent. The company said, same-store sales declined […]

Hugo Boss currency-adjusted sales fell by 3 percent in the third quarter. Due to negative currency effects, the company recorded a sales decrease of 6 percent to 703 million euros (778 million dollars). “The third quarter has not been an easy one,” commented Mark Langer, CEO of Hugo Boss, adding, “However, […]

Net sales at Coach, in the first quarter totalled 1.04 billion dollars, an increase of 1 percent on a reported basis and a decrease of 1 percent on a constant currency basis, including approximately 150 basis points of pressure related to the company’s strategic decision to elevate the Coach brand’s […]

Ahead of its investor day meet, L Brands expects October comparable sales to be up 1 percent, including an expected 2 percent decline in comparable sales at Victoria’s Secret offset by 6 percent rise at Bath & Body Works. This is against 5 percent increase in comparable sales, the company reported in […]

In a happy coincidence of the US judicial calendar, the Supreme Court on Halloween Monday is set to solemnly take up the subject of costumes and outfits. The eight justices have been asked to define copyright limits in an usual case that poses the question: Can the design of a cheerleader's outfit be […]

Los Angeles - For the second time in the span of two years, it seems that American Apparel may be headed for bankruptcy. As reported by Bloomberg, the Los Angeles-based retailer may already be preparing for its second bankruptcy filing. The company exited bankruptcy earlier this year as of February. […]

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