ANALYSISAs it has been the case in the past exercises, Associated British Foods (ABF) was able to offset its food businesses’ weaknesses thanks to its fashion unit’s success. Primark has reported strong trading that helped lift full-year pre-tax profits at owner Associated British Foods by 50 percent […]

In view of dwindling resources, especially through resource-intensive natural fibres like cotton and the environmental impact of petroleum-based fibres like acrylic, polyester, nylon and spandex, it is about time for the textile and apparel industry to look for sustainable alternatives. In this new […]

Spanish finishing specialist for sustainable clothing, Jeanologia, wants to turn “Made in Bangladesh“ into a quality seal. At the Bangladesh Denim Expo, which is taking place today and tomorrow in Dhaka, the leader in sustainable technology will present a collection that is made in Bangladesh, 100 percent. […]

ANALYSISThe British retailer is starting to feel the heat as analysts and investors raise the bar regarding Next’s performance during the crucial holiday season. Next presented a trading update for the three months to 30 September on November 1, again lifting its full year profit guidance, reporting […]

Fossil Group has reported net loss for the third quarter of fiscal 2017 of 5.4 million dollars compared to net income of 17.4 million dollars for the same quarter of fiscal 2016. Diluted loss per share was 0.11 dollar compared to earnings of 0.36 dollar for the third quarter of fiscal 2016. Commenting […]

Tod’s Group’s consolidated sales were 722.2 million euros (835 million dollars) in the first nine months of 2017, down 4.7 percent from the same period of 2016. At constant exchange rates, the company said, sales would have been 725.6 million euros (838 million dollars), down 4.2 percent from last year. […]

Revenues at Crocs were 243.3 million dollars, a decrease of 1.1 percent for the third quarter of 2017. On a constant currency basis, the company said, revenues decreased 1.6 percent compared to the third quarter of 2016. Third quarter gross margin was 50.8 percent, an increase of 100 basis points over […]

Tapestry’s first quarter net sales for the period ended September 30, 2017 totalled 1.29 billion dollars, an increase of 24 percent or 25 percent on a constant currency basis. Gross profit totalled 764 million dollars on a reported basis, while gross margin for the quarter was 59.3 percent on a reported […]

Zalando has reported a 28.7 percent increase in its third quarter sales to 1,074.7 million euros (1,245 million dollars). For the same period, the company achieved a positive adjusted EBIT of 0.4 million euros (0.46 million dollars). Commenting on the third quarter results, Co-CEO Rubin Ritter said […]

Michael Kors has reported earnings per diluted share of 1.32 dollars on a reported basis and 1.33 dollars on an adjusted basis, an increase of 37 percent on the prior year. The company said, acquisition of Jimmy Choo provides an opportunity to grow the brand’s revenue to 1 billion dollars globally. […]

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