London - Have you every purchased a vintage designer handbag off of eBay,(for as stellar price), only to wonder when the item itself arrives if its really the real deal? You are not alone. Online marketplace places such as eBay have unfortunately become hotspots across the globe for counterfeiters to […]

Fast Retailing revenue in the first quarter rose 1.6 percent to 528.8 billion Japanese yen (4.6 billion dollars) and operating profit was up 16.7 percent to 88.5 billion Japanese yen (0.77 billion dollars). Profit before income taxes increased 34.2 percent and profit attributable to owners of the parent […]

Sales in the third quarter ending December 31, 2016 at Richemont increased by 5 percent at constant exchange rates and by 6 percent at actual rates compared to the prior year’s period. Retail sales grew by 12 percent, compared to the 5 percent decline in the first six months of the current year, underpinned […]

President-elect Donald Trump and China's billionaire founder of e-commerce giant Alibaba held "great" talks in New York on Monday focused on creating US jobs and enabling trade with Asia. The incoming Republican president, who will be sworn in as commander-in-chief in less than two weeks' time having […]

Lululemon Athletica has updated its net revenue and earnings guidance for the fourth quarter of fiscal 2016 ending January 29, 2017. For the fourth quarter, the company now anticipates net revenue to be in the range of 775 million dollars to 785 million dollars based on a total comparable sales increase […]

PVH Corp has said that it currently expects its earnings per share on both a GAAP and non-GAAP basis for the fourth quarter and full year 2016 to be at least at the top end of its guidance ranges previously announced on November 30, 2016. With over 30,000 associates operating in over 40 countries and […]

Gap net sales increased 1 percent and comparable sales were positive 2 percent for the November and December 2016 holiday season, compared with last year. “We're pleased with the improved momentum we saw over the holiday season, driven primarily by a positive customer response at Gap and Old Navy,” […]

L Brands has reported net sales of 2.438 billion dollars for the five weeks ended December 31, 2016, an increase of 1 percent, compared to net sales of 2.415 billion dollars for the same period ended January 2, 2016. Comparable sales decreased 1 percent for the period. The company reported net sales […]

December 2016 same-store sales at Uniqlo Japan, a part of Fast Retailing Group, decreased by 5 percent year on year while sales at its own stores excluding online sales decreased by 5.9 percent. Total sales including online sales decreased by 5 percent. The company said, same-store sales declined year […]

Matt Powell, NPD Group VP and apparel, sports and footwear analyst, said Wednesday that this could be a pivotal year for Under Armour, as the brand responds to shifting fashion trends and the loss of a big retail customer while expanding into a new retail channel. "I'm confident in the long-term trajectory […]

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