L Brands net sales decreased 5 percent to 774.3 million dollars for the four weeks ended May 27, 2017, compared to 816.6 million dollars for the four weeks ended May 28, 2016. Comparable sales decreased 7 percent. For May, the company said, the exit of the swim and apparel categories had a negative […]

May 2017 same-store sales at Uniqlo Japan, a part of the Fast Retailing Group, increased by 2.4 percent, while sales at the company’s directly run stores excluding online sales increased by 1.3 percent. The company said, total sales including online sales increased by 2.2 percent. Uniqlo Japan said […]

FINANCIAL REPORT London - Michael Kors is set to close between 100 and 125 full-price stores over the next two years following a bleak full-year forecast for fiscal 2018. The US premium label announced its impending store closure on Wednesday morning amid disappointing financial results for the fiscal […]

ANALYSISAfter pumping up the global luxury goods market, Chinese savvy – and wealthy – consumers are paying the athleisure niche a similar favour. Data from Euromonitor International revealed that the sportswear market in China is expected to grow to 43.1 billion dollars by 2020, surpassing the luxury-goods […]

Bought by the businessman Richard Emanuel, the historic trade mark of Louis Réard, the creator of the first bikini, has been re-named and is bringing out its Summer 2017 collection. This is aimed at the luxury niche. There are only a few archive images to remind us of the presentation made at Molitor […]

Fourth quarter net sales at Deckers Brands decreased 2.4 percent to 369.5 million dollars compared to 378.6 million dollars for the same period last year. On a constant currency basis, net sales decreased 1.5 percent. Full year net sales decreased 4.5 percent to 1.790 billion dollars compared to 1.875 […]

Abercrombie & Fitch has reported a net loss per diluted share of 0.91 dollar for the first quarter ended April 29, 2017 compared to 0.59 dollar for the first quarter ended April 30, 2016. In addition, the company reported an operating loss of 69.9 million dollars, which included the adverse impact from […]

For the first quarter of fiscal 2018, Guess recorded GAAP net loss of 21.3 million dollars, a 15.4 percent improvement compared to 25.2 million dollars for the first quarter of fiscal 2017. GAAP diluted loss per share improved 13.3 percent to 0.26 dollar compared to 0.30 dollar for the prior-year quarter. […]

First quarter revenue at PVH increased 4 percent or 5 percent on a constant currency basis to 2 billion dollars compared to the prior year period. On GAAP basis, EPS was 0.89 dollar compared to the company’s earlier guidance of guidance of 0.73 dollar to 0.75 dollar. Non-GAAP EPS was 1.65 dollars compared […]

Shares of Abercrombie & Fitch were trading higher Wednesday afternoon on reports that there may be an offer for the teen retailer. Its competitor American Eagle Outfitters and private-equity company Cerberus are reported to be working on a takeover bid. According to Dow Jones, A&F’s rival American Eagle […]

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