The Prada Group ended its 2016 fiscal year with consolidated revenues of 3,184 million euros (3,384 million dollars), down by 9 percent at constant exchange or 10 percent at current exchange rates. "As noted in my comments on the first six-month results, this past year we implemented a profound phase […]

In 2016, the Christian Dior group said that it recorded revenue of 39.5 billion euros (41.9 billion dollars), up 5 percent at actual exchange rates and 6 percent at constant structure and exchange rates. Profit from recurring operations was 7.3 billion euros (7.7 billion dollars), up 6 percent. The […]

Net revenues at Levi Strauss & Co grew one percent on a reported basis in the fourth quarter and grew 2 percent excluding 6 million dollars in unfavorable currency translation. For the full year, reported revenue grew one percent and grew three percent excluding 77 million dollars in unfavorable currency […]

Consolidated revenue in 2016 of 12,385 million euros (13,180 million dollars) was up 6.9 percent as reported, 8.1 percent on a comparable basis at Kering. Luxury activities revenues increased 7.7 percent reported and 7.8 percent on a comparable basis, while revenues of sport & lifestyle activities were […]

Fourth quarter net sales increased 5.8 percent to 764.3 million dollars at Skechers driven by a 17.1 percent increase in the company’s international wholesale business and a 13.9 percent increase in its company-owned global retail business which included comparable same store sales increases of 3.6 […]

Columbia Sportswear Company’s fourth quarter net sales of 717.4 million dollars increased 3 percent or 2 percent constant-currency compared with net sales of 699.4 million dollars for the fourth quarter of 2015. Full year net sales increased 2 percent on current and constant-currency basis to 2.38 billion […]

Puma’s fourth quarter sales increased by 10 percent currency adjusted or 9 percent reported to 958 million euros (1,024 million dollars) with growth across all regions and product segments. Full-year sales also rose 10 percent currency adjusted and 7 percent reported to 3,627 million euros (3,880 million […]

In 2016, Hermès said, in a difficult context, the company's consolidated revenue passed the 5 billion euros (5.3 billion dollars) threshold, amounting to 5, 202 million euros (5,538 million dollars), up 7.5 percent at current exchange rates, and 7.4 percent at constant exchange rates. The company added […]

The upmarket Australian menswear chains Herringbone and Rhodes & Beckett Tuesday collapsed into voluntary administration. It is the second time in eight years that Herringbone has entered administration. Bruno Secatore, Daniel Juratowitch and Luke Targett of advisory and turnaround firm Cor Cordis had […]

Chinese internet giant Alibaba opened its Australian and New Zealand headquarters in Melbourne on Saturday, February 4, to take care of its business in the region and to help Australian and New Zealand businesses to share their products with billions of customers around the world wie Tmall Global, the […]

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