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 […]

H&M Chairman Stefan Persson has invested about 538 million dollars in acquiring 20.6 million additional shares in the company this year. Data from the Swedish Financial Supervisory Authority cited by Bloomberg show that Persson’s combined H&M stake - owned by his investment company Ramsbury Invest AB […]

The Australian upscale department store operator saw its shares fall as much as 6.6 percent Wednesday. On the back of the news of the company’s participated Topshop Australia is entering voluntary administration, the stock closed at 0.855 Australian dollars per share, its lowest since September, 25th […]

London - Topshop/Topman (Austradia Pty Ltd), the separately owned and operated Australian franchise of the high street fashion retailer, has been placed into voluntary administration today following increasing debt. The move sees 760 jobs as well as a number of retail locations at risk. Financial restructuring […]

At the annual shareholders’ meeting held yesterday, the Hugo Boss managing board and supervisory board approved the proposal to pay out a dividend of 2.60 euros (2.91 dollars) per share. The dividend will be paid out on May 29, 2017. This compares to 3.62 euros (4.05 dollars) paid in 2015. The dividend […]

UPDATE LVMH is one step closer to owning all of luxury fashion house Christian Dior. Semyrhamis, the holding company from the Arnault family group, officially filed its simplified mixed offer for the outstanding shares it does not already own in Christian Dior with the French financial market authority. […]

G-III Apparel Group has entered into a multi-year license agreement with PVH Corp, under which PVH will design and distribute menswear for the DKNY brand in the United States and Canada. The company said, license agreement includes DKNY Sport for men, a new category for the brand. In addition, PVH has […]

Australian online fashion retailer SurfStitch advanced Monday that bigger losses are ahead as it has seen its online sales decline. The company is now forecasting an underlying EBITDA loss for the full year of between 10.5 million Australian dollars to 11.5 million Australian dollars, doubling its previous […]

Gap reported first quarter fiscal year 2017 diluted earnings per share of 0.36 dollar compared with 0.32 dollar in the first quarter of fiscal year 2016. The company also reaffirmed its full-year diluted earnings per share guidance to be in the range of 1.95 dollars to 2.05 dollars. “We are pleased […]

Ralph Lauren Corporation said that it reported earnings per diluted share of 2.48 dollars on a reported basis and 0.89 dollar on an adjusted basis for the fourth quarter of fiscal 2017 compared to earnings per diluted share of 0.49 dollar on a reported basis and 0.88 dollar on an adjusted basis, for […]

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