REPORTSales at Puma increased 17.1 percent or 11.5 percent currency adjusted to 879 million euros (978.8 million dollars) in the fourth quarter. Full-year sales increased by 14 percent or 6.5 percent currency adjusted to 3.4 billion euros (3.7 billion dollars) mainly driven by footwear and running and […]

Prada hasn´t been immune to the loss of appetite for luxury goods in China. The Italian luxury fashion house has seen consolidated net revenue fell 0.2 percent over the past twelve months to 3.54 billion euros. A strong dollar hasn´t helped either, affecting international sales. Patrizio Bertelli, Chief […]

REPORTItalian company Furla said that its revenues for the year to December 31, 2015 increased 30 percent. The company said its annual sales of stood at 339 million euros (378.5 million dollars), compared with 262 million euros (292.7 million follars) reported last year. Sales increased 25 percent at […]

The sport and fashion market is gearing up to further establish their presence via online applications. This week fitness app Runkeeper was acquired by Japanese sportswear giant Asics for around 85 million dollars, although terms were not disclosed. Asics said Runkeeper will become a subsidiary and […]

Brantano, the shoemaker investment firm Alteri bought in last October and which called in administrators at the end of January, has seen some light at the end of the tunnel thanks to a rescue plan that will save more than 1,400 jobs. It’s noteworthy that Brantano’s collapse is the first high-profile […]

Rapper and fashion designer Kanye West, is seeking for Facebook’s Founder and Chief Executive Officer Mark Zuckerberg’s investment. West is asking the social network’s CEO to invest one billion dollars into his “ideas.” Kim Kardashian’s husband has – according to his own accounts – put of millions into […]

REPORTThe H&M group’s sales including VAT increased by 7 percent in local currencies in January 2016 compared to the same month last year. The company said that in January there was a negative calendar effect of approximately 2 percentage points because the month had one more Sunday than in January […]

REPORTIn the first half of the 2015/2016 fiscal year, the Christian Dior group recorded revenue of 19.9 billion euros (22.3 billion dollars), up 14 percent at actual exchange rates and 6 percent at constant structure and exchange rates. Financial highlights of the first half Profit from recurring operations […]

The start of New York Fashion Week today signals the start of the bi-annual cycle of international fashion week. With everyone's attention fixed on the top four cities, New York, London, Milan and Paris, FashionUnited questions how much does each city really benefit from the semi-annnual fashion circus? […]

REPORTLevi Strauss & Co in its financial results announcement said that on a reported basis, net revenues declined seven percent in the fourth quarter and five percent for the full year. The company attributed this decline to currency translation unfavourably impacting net revenues by 85 million dollars […]

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