REPORT Earnings per share on a non-GAAP basis at PVH Corp, increased 23 percent to 1.76 dollars, including a 0.10 dollars negative impact related to foreign currency exchange rates, in the fourth quarter. GAAP earnings per share were 0.62 dollars compared to prior year’s fourth quarter loss per share […]

REPORT Revenues at Hermes totaled 4,119 million euros (4,493.7 million dollars), up 10 percent and 11 percent at constant exchange rates. Operating income was 1,299 million euros (1,417 million dollars), up 7 percent. Net profitability amounted to 21 percent of sales, as in 2013. The strong growth in […]

Turkish company Eroglu Holding reportedly paid a total of 21 million euros for the restarted Dutch fashion label Mexx, a fraction of the price paid for the label when its founder Rattan Chadha first sold it off to American firm Liz Claiborne for 430 million dollars. The Turkish textile and retail company […]

REPORT Hennes & Mauritz (H&M) in the first quarter from December 1, 2014 to February 28, 2015 reported rise in sales including VAT in local currencies by 15 percent. Converted into SEK, sales excluding VAT amounted to 40, 276 million Swedish krona (4,724.7 million dollars), an increase of 25 percent. […]

Accessories, jewellery and watch brand Bulgari is set to grow by two digits in the coming months, as advanced by the luxury label’s chief executive Jean-Christophe Babin. To achieve this level of growth, the French house will surpass the 300 boutiques in 2015. "We had a very good beginning of the year, […]

Marc Jacobs broke hearts all throughout the fashion industry when he announced that he was leaving Louis Vuitton in 2013, but, we managed to recover thanks to the lovely and talented Nicholas Ghesquière. However, it might take us a while to recover from the bomb that was dropped on us last night. Marc […]

REPORT Nike for the third quarter ended February 28, 2015 said that diluted earnings per share increased 19 percent due to higher revenues as a result of continued strong demand for Nike brands and gross margin expansion, partially offset by higher SG&A investments and a higher effective tax rate. Revenues […]

Tag Heuer has long been a symbol of quintessential luxury. It was that watch you had to add to your collection on your way up towards your Rolex or Cartier. With prices typically ranging between the 1200 dollar and 3000 dollar mark it wasn’t too hard to get your hands on one without totally breaking […]

American Apparel Inc. has postponed the release of its annual financial report as it reworks a lending agreement to allow it to take on more debt provided by a hedge fund. However, the retailer provided estimated results for the past fiscal year. The Californian retailer said Wednesday in a filing that […]

ANALYSISInditex SA, the world’s largest clothing retailer, has just reported accelerating revenue growth after an expansion of online sales and store openings helped drive a 5 percent profit increase last year. The Spanish group also reported the fastest quarterly sales growth in two years. The company's […]

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