The Charles Vögele Group has said that weakness of the euro, subdued economic growth in sales regions and the unusually warm autumn since mid-October are slowing down business and inhibiting sales over the last few weeks. So despite a good third quarter that produced a year-on-year improvement in like-for-like […]

REPORTFor the third quarter of fiscal 2016, Guess reported net earnings of 12.4 million dollars, a 40.1 percent decrease compared to 20.8 million dollars for the third quarter of fiscal 2015. Diluted earnings per share decreased 37.5 percent to 0.15 dollar, compared to 0.24 dollar for the prior-year […]

ANALYSISLululemon has made it to the news over the weekend as various media reports point out at renewed takeover bids. This time, Nike and Under Armour are the most likely potential suitors. Last Friday, an article at Bloomberg’s Gadfly blog suggested that Nike Inc. (NYSE: NKE) had missed an opportunity […]

ANALYSISShares in Billabong have leaped after the surfwear and skateboards retailer revealed the lower Australian dollar and weakness in the North American market had dented earnings in the first four months of fiscal 2016. In an address to shareholders at the company’s annual meeting Tuesday, Billabong […]

Who hasn't heard of Victoria’s Secret Angels, an elite team of super models who take to the catwalk for the lingerie brand’s annual show? Since the modest start of Victoria's Secret annual fashion show in 1995, the event has grown to become one of the largest and most over-the-top, extravagant fashion […]

Nike's Board of Directors declared a quarterly cash dividend on the company’s outstanding Class A and Class B Common Stock of 0.32 dollar per share, on a pre-split basis, payable on January 4, 2016 to shareholders of record at the close of business on December 9, 2015. The dividend represents a 14 percent […]

ANALYSIS Michael Kors Holdings Ltd., Kate Spade & Co. and Coach Inc. all topped analysts’ earnings estimates for the past quarter after all of them cut costs and reduced discounts to boost ailing sales. However, a shadow pends on all of them as many wonder whether this once rapidly growing niche is […]

REPORTThe H&M group’s sales including VAT increased by 12 percent in local currencies in October 2015 compared to the same month last year. The total number of stores amounted to 3,807 on October 31, 2015 compared to 3,437, same month, last year. H & M, founded in Sweden in 1947 along with H&M brand, […]

By now, nearly everyone within the industry has heard of the merger of two of the largest online fashion destinations (unless they have been living under a rock) to form a new entity known as Yoox Net-a-Porter Group. With the new company officially launching on October 5, 2015, the Group now holds what […]

Luxury goods group Burberry reported profits before tax for the first six months ended 30 september were up 9 percent to 154.7 million pounds on revenues of 1.105 billion pounds, compared with 1.100 billion a year ago. Earnings per share rose 14 percent to 26.7 pence. Earnings per share rose 14 percent […]

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