ANALYSISThis year the differences between the two major sales events in the U.S. are blurred than ever, with consumers browsing at their favourite high street stores yet purchasing online. According to Barclaycard, which processes nearly half of all card transactions in the UK, sales on Black Friday […]

L Brands reported net sales of 1.267 billion dollars for the four weeks ended November 25, 2017, an increase of 2 percent, while comparable sales for the month decreased 1 percent. For November, L Brands said, the exit of the swim and apparel categories had a negative impact of about 1 percentage point […]

Total revenue at Perry Ellis International was 199 million dollars, a 2.5 percent or 2.1 percent increase in constant currency in the third quarter of fiscal 2018. This, the company said, reflected growth in core brand sales and strong sales throughout the fall season. The company has reiterated revenue […]

Rocket Internet has announced that its selected companies have taken further significant steps towards profitability. The aggregate adjusted EBITDA margin improved from a weighted average of negative 19 percent in the first nine months 2016 to negative 12 percent in 9M 2017. The company added that selected […]

Earnings per share on a GAAP basis, PVH said, was 3.05 dollars for the third quarter of 2017 compared to 1.56 dollars in the prior year period. On a non-GAAP basis, EPS was 3.02 dollars compared to 2.60 dollars in the prior year period. Revenue for the quarter increased 5 percent or 3 percent on a constant […]

ANALYSISThe South African retail group is relying on Christmas trading to boost its full-year performance, as its bottom line remained flat for its half-year results. Fashion retailer Foschini [JSE: TFG] reported its interim results for the period ended September 30 in early November, unveiling a 9.2 […]

Watch industry executives Danny Govberg, CEO of Govberg Jewelers, Liam Wee Tay, former owner of Sincere Watch, and investor and entrepreneur Justin Reis have partnered to launch WatchBox, a global e-commerce platform for the buying, selling and trading of luxury pre-owned timepieces. CMIA Capital Partners, […]

SMCP owner of brands Sandro, Maje and Claudie Pierlot, reported sales of 218 million euros (258 million dollars), up 17.7 percent compared with the same period of the previous year. This increase, the company said, was amplified by calendar effects: in France, due to one week shift in the summer sales […]

Luxury group Yoox Net-a-Porter has reported a significant rise in purchases made on mobile devices during cyber weekend, with mobile orders peaking at one per second on Black Friday. The proportion of mobile sales reached 66 percent on Sunday, marking an all-time high for the retailer, while the group […]

For the fiscal year ended September 30, 2017, Delta Apparel said net income increased to 10.5 million dollars or 1.33 dollars per diluted share, compared with 9 million dollars or 1.12 dollars per diluted share, in fiscal year 2016, representing a 19 percent increase. Net sales for the fiscal were 385.1 […]

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