The Australian upscale department store operator saw its shares fall as much as 6.6 percent Wednesday. On the back of the news of the company’s participated Topshop Australia is entering voluntary administration, the stock closed at 0.855 Australian dollars per share, its lowest since September, 25th […]

London - Topshop/Topman (Austradia Pty Ltd), the separately owned and operated Australian franchise of the high street fashion retailer, has been placed into voluntary administration today following increasing debt. The move sees 760 jobs as well as a number of retail locations at risk. Financial restructuring […]

At the annual shareholders’ meeting held yesterday, the Hugo Boss managing board and supervisory board approved the proposal to pay out a dividend of 2.60 euros (2.91 dollars) per share. The dividend will be paid out on May 29, 2017. This compares to 3.62 euros (4.05 dollars) paid in 2015. The dividend […]

UPDATE LVMH is one step closer to owning all of luxury fashion house Christian Dior. Semyrhamis, the holding company from the Arnault family group, officially filed its simplified mixed offer for the outstanding shares it does not already own in Christian Dior with the French financial market authority. […]

G-III Apparel Group has entered into a multi-year license agreement with PVH Corp, under which PVH will design and distribute menswear for the DKNY brand in the United States and Canada. The company said, license agreement includes DKNY Sport for men, a new category for the brand. In addition, PVH has […]

Australian online fashion retailer SurfStitch advanced Monday that bigger losses are ahead as it has seen its online sales decline. The company is now forecasting an underlying EBITDA loss for the full year of between 10.5 million Australian dollars to 11.5 million Australian dollars, doubling its previous […]

Gap reported first quarter fiscal year 2017 diluted earnings per share of 0.36 dollar compared with 0.32 dollar in the first quarter of fiscal year 2016. The company also reaffirmed its full-year diluted earnings per share guidance to be in the range of 1.95 dollars to 2.05 dollars. “We are pleased […]

Ralph Lauren Corporation said that it reported earnings per diluted share of 2.48 dollars on a reported basis and 0.89 dollar on an adjusted basis for the fourth quarter of fiscal 2017 compared to earnings per diluted share of 0.49 dollar on a reported basis and 0.88 dollar on an adjusted basis, for […]

For the year ended March 31, 2017, total revenue at Burberry of 2.8 billion pounds (3.6 billion dollars), was down 2 percent underlying but up 10 percent at reported FX. Adjusted profit before tax of 462 million pounds (598 million dollars), declined 21 percent underlying but rose 10 percent at reported […]

London - Following Luxottica Group merger with French lens maker Essilor, the Italian eyewear firm is set to withdraw from the New York stock exchange. The eyewear group, which is also listed on the stock exchange in Milan, noted maintaining a listing in the United States represented "significant administrative […]

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