G-III Apparel Group, Ltd net sales for the fiscal year ended January 31, 2018 increased 17.6 percent to 2.81 billion dollars from 2.39 billion dollars in the prior year, which includes net sales of approximately 258 million dollars related to operating DKNY and Donna Karan business in fiscal year 2018 […]

Further to the announcement on 2 March 2018, Mothercare Plc has confirmed that the discussions with its lenders on the terms of its existing financial facilities are progressing constructively. The company expects these discussions to conclude before its preliminary results announcement on May 17, 2018. […]

Li & Fung Limited reported turnover decrease of 4.6 percent to 13.5 billion dollars and total margin as a percentage of turnover increased from 9.9 percent to 10.2 percent.. The company said, improved operating efficiency and productivity led to a 21.8 percent increase in the core operating profit of […]

Ted Baker Group revenue for the 52 weeks ending January 27, 2018 increased by 11.4 percent or 9.6 percent in constant currency to 591.7 million pounds (837.4 million dollars). The group gross margin remained constant at 61 percent. Profit before tax and exceptional items increased by 11.7 percent to […]

New Look has announced that its Company Voluntary Arrangement (CVA) proposal launched on March 7, 2018 has been approved by the company’s creditors and landlords, with 98 percent of votes, which means the company will now go ahead with closure of its 60 stores making almost 980 staff members jobless. […]

Total net revenue at Guess for the fourth quarter increased 17.5 percent to 792.2 million dollars, and in constant currency, net revenue increased by 10.2 percent. Total net revenue for fiscal 2018 increased 7.9 percent to 2.36 billion dollars and in constant currency, net revenue increased by 5.3 percent. […]

Along with the publication of its annual report, SMCP, owner of Sandro, Maje and Claudie Pierlot has said that for 2018, the company is anticipating another year of profitable growth, targeting a sales increase between 11 percent and 13 percent at constant currency. SMCP also foresees a continued expansion […]

French luxury goods maker Hermes on Wednesday posted record profitability for 2017 thanks to strong in-store and online demand worldwide. The company, best known for its silk scarves and Birkin handbags named after the British actress and singer Jane Birkin, saw profits rise across Asia, the Americas […]

Puma SE has forecasted the mid-term outlook for the period from 2018 to 2022. The company expects the currency-adjusted consolidated net sales to grow around 10 percent on average per year until 2022 and EBIT margin is expected to reach a level of around 10 percent of consolidated net sales. In addition, […]

The special committee of the board of directors of Nordstrom has ended discussions with members of the Nordstrom family – company Co-Presidents Blake W. Nordstrom, Peter E. Nordstrom, and Erik B. Nordstrom, President of Stores James F. Nordstrom, Chairman Emeritus Bruce A. Nordstrom, and Anne E. Gittinger, […]

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