In May, Coach Inc (NYSE: COH) made a 2.4 billion dollars offer to acquire rival Kate Spade (NYSE: KATE) and now is granting the soon-to-be-acquired company an extension. Originally, Kate Spade´s stakeholders had until June,23 to decide on taking or leaving the deal. Last month, Coach filed with the […]

Since hiring Anthony Vaccarello as their creative director, YSL has been rampant about trying to grow their business. While the brand saw impressive growth under previous creative director Hedi Slimane, The company plans on opening 20 stores a year and increase in-house production as they aim to double […]

Lululemon Athletica and 7mesh Industries have announced a strategic partnership to co-create and push the boundaries in advanced technical apparel. “We’re always open to unlock opportunities to fuel our innovation pipeline,” said Lululemon CEO Laurent Potdevin in a statement, adding, “In bringing together […]

The H&M group’s sales including VAT increased by 4 percent in local currencies in May 2017 compared to the same month the previous year. Converted into SEK, the company’s sales increased by 8 percent. H&M said that in the first half of the month sales were affected by tough market conditions in several […]

Mulberry said in its preliminary results announcement that total revenue grew by 8 percent to 168.1 million pounds (214 million dollars) for the year ended March 31, 2017. Profit before tax was 7.5 million pounds (9.5 million dollars) against 6.2 million pounds (7.8 million dollars) last year. Commenting […]

Announcing its first set of 12-month results since moving the company’s financial year end date to March 31, Global Brands Group said that it achieved a solid performance despite a tough business environment. During the reporting period, the group revenue increased by 11.6 percent to 3,891 million dollars. […]

France's oldest luxury fashion label is facing one of its darkest hours. Sales are in a slump, losses are set to widen this year, and a cost cutting strategy is leaving employees in panic. Reports of Lanvin's dire situation first broke on Reuters. Lanvin holds the distinction of being one of the last […]

French fashion house Lanvin has reported a 23 percent drop in 2016 revenues to 162 million euros (181 million dollars) and a net loss of 18.3 million euros (20.4 million dollars) against a profit of 6.3 million euros (7 million dollars) in 2015, reports L'Usine Nouvelle. The report quoting an unidentified […]

Woolrich International, which was created in November 2016 through the merger of Woolrich Europe and Woolrich Inc, is continuing to grow, reporting that it closed 2016 with a turnover of nearly 190 million dollars, up 9 percent on 2015. Its 2016 performance was particularly strong in the Asia-Pacific […]

For the quarter ended April 30, 2017, G-III reported net sales increase of 16 percent to 529 million dollars compared to 457.4 million dollars in the year-ago period. The company reported a net loss of 10.4 million dollars or 0.21 dollars per share, compared to net income of 2.8 million dollars or 0.06 […]

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