This year has been a tough one for retail, but they weren't letting themselves stand defeated. With America's e-commerce spending surpassing 100 billion dollars this year, and more consumers shopping online that in department stores, retailers are hoping Black Friday will help them close the year strong. […]

ANALYSISThe U.S. fashion retailer reported its third-quarter results Tuesday, surprising the market with figures that exceeded expectations on both the top- and bottom-line. CEO Richard Hayne noted that "fashion is back" and that momentum has continued into November. Furthermore, highlighted Urban Outfitters […]

Start-up Aday, which aims to simply consumer wardrobes with its line of durable, technical and sustainable womenswear, has secured 2 million dollars in its latest funding round including investment from H&M Co:Lab, H&M’s venture capital arm. Additional investment also came from ADG, a consumer tech-focused […]

In the third quarter of 2017, LPP SA owner of fashion brands: Reserved, Cropp, House, Mohito and Sinsay said that revenues of 1,813 million Polish zloty were 21.8 percent higher than those gained a year ago owing to the increase in sales area, positive sales figures in LFL stores and the dynamic development […]

Guess, for its third quarter ended October 28, 2017 reported GAAP net loss of 2.9 million dollars compared to GAAP net earnings of 9.1 million dollars for the same quarter of fiscal 2017. GAAP diluted loss per share was 0.04 dollar compared to GAAP diluted earnings per share of 0.11 dollar for the prior-year […]

While most Swiss watchmakers have been reluctant to go into e-commerce, Omega may have just started the domino effect. The company has officially started selling their watches online, thereby disrupting the way expensive watches are bought. Watch aficionados have been buying and selling online for quite […]

Barclays takes sides with Inditex, sending H&M stock down Barclays analysts downgraded Hennes & Mauritz (NHHMY) shares on Tuesday, arguing that its direct competitor, Inditex owned Zara, is the fast fashion retailer performing the best in Europe. H&M Hennes & Mauritz AB (HNNMY) stock was under pressure […]

In its interim trading update, Billabong International has announced that the company’s EBITDA for the year of 51.1 million Australian dollars (38.5 million dollars) was up 2.8 percent on a constant currency basis, and was less than a million dollars below the guidance range that it provided at the […]

Urban Outfitters reported net income of 45 million dollars and 107 million dollars for the three and nine months ended October 31, 2017, against 47 million dollars and 154 million dollars, respectively. Earnings per diluted share were 0.41 dollar and 0.94 dollar for the three and nine months ended October […]

Abercrombie & Fitch’s GAAP net income per diluted share was 0.15 dollar for the third quarter ended October 28, 2017, compared to 0.12 dollar for the third quarter last year. Excluding certain items, the company reported adjusted non-GAAP net income per diluted share of 0.30 dollar for the quarter, […]

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