Proenza Schouler is looking to increase their business in the accessories market. The New York-based company is taking a macro-approach to their accessories category as they attempt to counter the problems the accessories market is currently facing. Designers Jack McCollough and and Lazaro Hernandez […]

London - Luxury Italian fashion house Gucci may be reaching for the stars, as its president and chief executive officer Marco Bizzarri aims defy the market and achieve sales of 6 billion euros. Following Gucci's cruise 2017 show in Westminster Abbey, Gucci hosted an investor day in London to share its […]

Whether domestic or for the couples flying in from other destinations, Spain has become a coveted choice of destination to tie the knot. While natives continue to celebrate this once-in-a-lifetime event with much fanfare, following some unique customs and traditions true to Spanish weddings, international […]

Aside from the strength of Spain as producer and exporter of wedding gowns, weddings in this country are also a huge celebration that include not only with family and friends but sometimes entire villages. On top of that Spain is a chosen wedding destination for couples flying in from all over the world, […]

Italian luxury fashion group Armani billed 4.5 percent more in 2015 than in the previous year, reaching 2,650 million euros in sales at the end of its last fiscal year. According to a statement issued by Italian fashion house on Wednesday, the group founded by Giorgio Armani posted organic growth in […]

ANALYSISRetail market analysts at Morgan Stanley and Merrill Lynch agree on the threats waiting ahead for Nike, which seems to be losing its mojo and, therefore, its market share. Shares at Nike Inc. (NYSE:NKE) were downgraded by Morgan Stanley and Merril Lynch on Wednesday, on a matter of hours. Both […]

REPORTAbercrombie & Fitch has reported a GAAP net loss per diluted share of 0.59 dollar for the first quarter ended April 30, 2016, compared to a GAAP net loss per diluted share of 0.91 dollar, or an adjusted non-GAAP loss per diluted share of 0.53 dollar, for the first quarter last year. Net sales […]

Destination Maternity Corporation comparable sales decreased 5.4 percent, compared to a 1.1 percent decrease for the first quarter of fiscal 2015. Adjusted EBITDA before other charges was 13.2 million dollars compared to 12 million dollars for the first quarter of fiscal 2015. Commenting on the results, […]

REPORTGuess, for its first quarter ended April 30, 2016 reported that net revenue decreased 6.3 percent to 448.8 million dollars, from 478.8 million dollars in the prior-year quarter. In constant currency, total net revenue decreased 5 percent. Americas retail revenues decreased 5 percent in US dollars […]

REPORTPVH revenue increased 3 percent on a constant currency basis and 2 percent on a GAAP basis to 1.92 billion dollars compared to the prior year’s first quarter revenue of 1.88 billion dollars. The company said that Calvin Klein and Tommy Hilfiger businesses outperformed revenue expectations. Commenting […]

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