Kate Spade & Company net sales, for the second quarter ended July 2, 2016, were 320 million dollars, an increase of 39 million dollars or 13.7 percent compared to the second quarter of 2015. Net sales increased 47 million dollars or 17.2 percent, excluding sales for wind-down operations for the second […]

As of 30 June 2016, the Salvatore Ferragamo Group posted total revenue of 710 million euros (796 million dollars), registering a 2 percent decrease at current and 3 percent at constant exchange rates. The group had reported 722 million euros revenues in the first half of 2015, a 10 percent growth at […]

Full price sales at Next in the second quarter were up 0.3 percent on last year, showing an improvement on the first quarter. Keeping the lower consumer demand in sight, the company has lowered its full year sales outlook by one percent. Second quarter and H1 highlights Next Brand full price sales for […]

Australian fashion industry woke up to the news of Noni B acquiring Pretty Girl Fashion Group from James Packer's Consolidated Press Holdings Pty Limited for 65 million Australian dollars in cash and 9.7 million Australian dollars in shares. "With the acquisition of these already strong and profitable […]

ANALYSISMarket analysts are in agreement: this time, Coach will surge as the winner of the American affordable luxury triumvirate. It wasn't long ago when Coach came third after Kate Spade and Michael Kors yet now, many analysts at Wall Street trust Coach Inc. to be capable of making quite a comeback. […]

Burberry plans to continue as usual after buying back the remaining 15 percent stake in their Chinese business. Earlier this week, Burberry announced they had acquired the remaining 15 percent economic interest in their Chinese business held by Hong Kong-based partner, Sparkle Roll Holdings Limited. […]

Steve Madden net sales for the second quarter ended June 30, 2016 increased 0.6 percent to 325.4 million dollars compared to 323.6 million dollars in the same period of 2015. Net income was 24.7 million dollars or 0.42 dollar per diluted share, compared to 24.5 million dollars or 0.40 dollars per diluted […]

London - American accessories giant Coach has sold its New York Hudson Yards headquarters for the sum of 707 million dollars. According to the Wall Street Journal, 10 Hudson Yards is owned by a limited partnership that includes Allianz, Related Cos., Oxford Properties Group Inc. and institutional investors […]

July 2016 same-store sales at Uniqlo Japan, part of the Fast Retailing Group, increased by 18.1 percent year on year, while sales at its own stores increased by 18.6 percent. The company said, total sales including online sales increased by 19 percent. Uniqlo has attributed, significant year-on-year […]

Italy's grand masters of fashion are lobbying for the global mega-event known as the Olympics to take place in Rome in 2024. The Rome2024 committee has nominated a group of 17 prominent ambassadors to promote the possibility, including designer Giorgio Armani, 21 Investimenti’s president Alessandro […]

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