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. In the run up to the Summer Olympics kicking off on August 5th in Rio de Janeiro, the third installment of FashionUnited’s […]

Burberry has announced the acquisition of the remainder of its Chinese retail operations. The luxury fashion house shelled out 54 million pounds to take over the remaining 15 percent economic interest in its Chinese business, held by Sparkle Roll Holdings Limited, a non-Group company. The British heritage […]

French Connection’s formerly controversial branding is no longer “aspirational”. This is the argument used by activist investor at the British fashion retailer to urge the company to ditch the logo. American fund Gatemore is the disgruntled investor in question, with an eight percent stake in the fashion […]

Aeffe first half consolidated revenues increased to 137.8 million euros (154 million dollars), compared to 128.7 million euros (143.8 million dollars) in 1H 2015 representing 7 percent rise at current exchange rates and 7.3 percent at constant exchange rates. Ebitda of 12.2 million euros (13.6 million […]

Perry Moise, better known as Burberry Perry until this morning, has changed his name handle and has deleted all references to Burberry from his stage name. The rapper now goes by the name The Good Perry. The name change was caused by a lawsuit brought by the British luxury label who accused Moise of […]

Moncler now has two new shareholders: Singapore investment company Temasek, and Juan Carlos Torres, the investor and chairman of travel retail group Dufry. Ruffini Partecipazioni, Moncler's main shareholder, controlled by Moncler chairman and chief executive officer Remo Ruffini, has entered into agreement […]

Announcing preliminary results for the second quarter, the Adidas Group said group revenues increased 21 percent on a currency-neutral basis and 13 percent in euro terms to 4.4 billion euros (4.8 billion dollars). As a result of a higher gross margin as well as operating expense leverage, Group operating […]

Geox in the first half of 2016 consolidated reported net sales increase of 5.5 percent or 6.1 percent at constant forex to 450.3 million euros (499.1 million dollars). Footwear sales, which accounted for about 91 percent of consolidated sales, amounting to 410.1 million euros (454.5 million dollars), […]

Kering has posted consolidated revenue for the first half of 2016 of 5,693 million euros (6,308 million dollars), up 3.3 percent on the first six months of 2015 as reported and 5.5 percent based on a comparable Group structure and exchange rates. The company said that exchange rate fluctuations had […]

Second quarter net sales at Columbia Sportswear increased 2 percent on reported and constant-currency basis to 388.8 million dollars. Net loss totalled 8.2 million dollars or 0.12 dollar per share. First half net sales increased 6 percent on reported and 8 percent constant-currency to 913.9 million […]

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