Geox S.p.A., in a statement announcing unaudited preliminary results for the year said that consolidated net sales amounted to 884.5 million euros (1,084.5 million dollars), down 1.8 percent at current and down 1.7 percent at constant forex, with the growth of the wholesale channel partially compensating […]

UPDATE London - 64 international fashion companies have set a total of 143 targets to help accelerate the industry’s transition to a circular fashion system. Leading companies, ranging from Bestseller and H&M to Kering and Inditex have shown their commitment to sustainability after signing the 2020 […]

For the 16 weeks to January 6, 2018, sales at Primark, part of the Associated British Foods Plc, were, the company said, 7 percent ahead of those reported last year at constant currency driven by increased retail selling space. Sales rose by 9 percent at actual exchange rates. In the first half, the […]

Further increasing much needed transparency in the supply chain, a new interactive map shows the connections between international buyers like brands and retailers and their suppliers in China. The Green Supply Chain Map is the brainchild of the U.S. Natural Resources Defense Council (NRDC) and the […]

South African retailer The Foschini Group (TFG) has reported a 31 percent increase in December sales after its recent acquisition of Britain’s womenswear label Hobbs, reports Reuters Africa. The group had earlier acquired two other UK-based businesses including Phase Eight in 2015 and high-street fashion […]

True Fit, the data-driven personalisation platform for footwear and clothing, has secured 55 million dollars in a Series C investment round, led by Georgian Partners with participation from existing investors Jump Capital, Signal Peak Ventures, Intel Capital, and new investor Cross Creek Capital. The […]

In the third quarter to December 31, 2017, Burberry said comparable store sales increased by 2 percent, while retail revenues were down 2 percent reported and positive 1 percent underlying to 719 million pounds (990 million dollars) from 735 million pounds (1,012 million dollars), same quarter last […]

Zalando SE reported group revenues growth of 21.2 to 23.2 percent to 1,323-1,345 million euros (1,616.8 to 1,643.7 million dollars), in the fourth quarter of 2017, according to preliminary figures. For the same period, Zalando said that the company expects to achieve an adjusted EBIT of 107-120 million […]

Hugo Boss AG has announced that based on preliminary figures, group sales grew by 5 percent in local currencies to 735 million euros (902 million dollars) in the fourth quarter of 2017. The growth, Hugo Boss said, was mostly due to 7 percent sales development on comp-stores basis in the group’s own […]

The Board of Directors of Yoox Net-A-Porter Group S.p.A. (YNAP), in its preliminary result announcement for the financial year ended December 31, 2017, said that the company recorded consolidated net revenues, net of returns and customer discounts, of 2.1 billion euros (2.5 billion dollars), up 16.9 […]

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