In 2016, more than 21 billion pairs of shoes were produced globally, which means about three pairs of shoes were made for every person in the world. According to market research conducted by IndexBox, driven by the world population growth, global footwear market as a whole is projected to continue an […]

Global Fashion Group (GFG) reported net revenue for the second quarter was 281.9 million euros (340 million dollars) representing growth of 25.6 percent on a euro basis and 16 percent on a constant currency pro-forma basis. NMV, which includes marketplace sales, reached 292.1million euros (352 million […]

Wolford AG has said that its first quarter revenues, adjusted for currency items, grew by 4.9 percent to 29.09 million euros (35.12 million dollars). The company added that consistent with this growth, operating earnings also improved on the weak previous year's quarter to -7.22 million euros (-8.72 […]

Swedish H&M has undoubtedly been one of the most successful and influential fashion companies throughout the last decade, with sales reaching USD20.8 billion in 2016, just edging out rival Inditex (USD20.4 billion) after posting an impressive CAGR of 10 percent from 2007 to 2016. And H&M’s momentum […]

The Spanish fashion chain has enjoyed a first half-year of growth, increasing its turnover by 24 percent from January, 1 August, 31. The company has acknowledged the strong performance over the 6-month period, highlighting that they have registered “a significant increase in sales in all markets." Growth […]

As a part of its growth strategy, Gap has decided to focus its energies on Old Navy and Athleta, which it believes will exceed 10 billion dollars and 1 billion dollars in net sales respectively, in the next few years, driven by growth in online and mobile channels, US store expansion, and continued […]

For the quarter ended July 31, 2017, G-III reported that net sales increased by 21.6 percent to 538 million dollars, up from 442.3 million dollars in the year-ago period. The company reported a net loss for the second quarter of 8.6 million dollars or 0.18 dollar per share, compared to 1.3 million dollars […]

Stella McCartney has signed a new swimwear and lingerie license with ISA SpA. The agreement calls for ISA to manufacture, produce and distribute Stella McCartney lingerie and swimwear worldwide beginning in fall 2018. ISA will maintain Stella McCartney's commitment to sustainable ethics and vegan friendly […]

Online and catalogues clothes retailer Boden witnessed its annual pre-tax profit increase by 9.6 per cent to 26.2 million pounds (34 million dollars) for the year ending December 31 2016. The company also reported a 9 percent rise in its sales to 308.3 million pounds (401 million dollars). Commenting […]

August same-store sales at Uniqlo Japan, part of the Fast Retailing Group, decreased by 3.4 percent year on year while sales at the company’s directly run stores excluding online sales decreased by 3.9 percent. The company said, total sales including online sales decreased by 3.5 percent. Uniqlo Japan […]

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