Gap net sales for the four-week period ended August 27, 2016 decreased 2 percent to 1.17 billion dollars compared with net sales of 1.20 billion dollars for the four-week period ended August 29, 2015. “While we are pleased with the continued progress at Old Navy, we remain focused on improving results […]

Lululemon Athletica said that for the second quarter ended July 31, 2016, its net revenue increased by 14 percent to 514.5 million dollars from 453 million dollars in the second quarter of fiscal 2015, or increased by 15 percent on a constant dollar basis. Total comparable sales, which includes comparable […]

L Brands reported net sales of 852.9 million dollars for the four weeks ended August 27, 2016, an increase of 3 percent, compared to net sales of 826 million for the four weeks ended August 29, 2015. Comparable sales increased 2 percent for the four weeks period. The company reported net sales of 6.356 […]

London - French fashion house Louis Vuitton is set to launch its first range of perfumes in 70 years on September 1st. Named Les Parfums Louis Vuitton the collection consists of 7 scents, crafted by master perfumer Jacques Cavallier-Belletrud, Louis Vuitton first in-house perfumer. The third-generation […]

Propelled by an ongoing surge in e-commerce and mobile shopping, China is poised to surpass the US this year to become the world's largest retail market. In the light of this research by eMarketer, FashionUnited highlights the most interesting Chinese fashion names that have established a global presence […]

Abercrombie & Fitch has reported a GAAP net loss per diluted share of 0.19 dollar for the second quarter ended July 30, 2016, compared to a GAAP net loss per diluted share of 0.01 dollar for the second quarter last year. Net sales of 783.2 million dollars were down 4 percent versus last year, with comparable […]

French luxury goods maker Chanel has blamed sharp decline in luxury spending last year for 23 percent drop in operating profit to 1.6 billion dollars and 17 percent decline in revenue to 6.24 billion dollars, in the year to December 31,2015. Revenues of its cosmetics and perfume business declined 21 […]

The global fashion market is a leading industry well known for key players, such as Inditex, LVMH, H&M and Nike and is valued at 3 trillion dollars, or 3,000 billion US dollars. The fifth installment of FashionUnited’s series takes a closer look at the fashion industry in The Netherlands. Dutch fashion […]

Net revenues at Prada for the first six month period to July 31, 2016 totalled 1,554 million euros (1,740 million dollars), representing a decline of 13 percent at constant FX and 15 percent at current FX compared to the same period in 2015. Sales through the Group’s retail network fell 16 percent year-on […]

Brunello Cucinelli first half net revenues were 219.8 million euros (248.2 million dollars), up by 9.7 percent or 10.3 percent at constant exchange rates. Revenues, including other operating income, reached 220.3 million euros (248.7 million dollars), up by 9.8 percent. Commenting on the first half […]

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