Hugo Boss currency-adjusted sales grew 1 percent in the first quarter to 651 million euros with positive development in Europe and Asia. The company said EBITDA before special items increased by 4 percent to 97.4 million euros. Hugo Boss has reconfirmed its full year financial outlook. “We’ve made a […]

Third quarter net sales at Coach totalled 995 million dollars, a decrease of 4 percent on a reported and 3 percent on a constant currency basis. Net income on a reported basis totalled 122 million dollars, with earnings per diluted share of 0.43 dollar compared to reported net income in the third quarter […]

April 2017 same-store sales at Uniqlo Japan, part of the Fast Retailing Group, increased by 6.2 percent year on year while sales at the company’s directly run stores excluding online sales increased by 5.2 percent. The company said, total sales including online sales increased by 6.3 percent. Uniqlo […]

American accessories giant Coach is in the running to buy the Jimmy Choo luxury shoe business for a reported 1 billion pounds. The New York-based brand has been eyeing luxury companies since it stalled its takeover for Kate Spade and a failed attempt last year to buy Burberry for 20 billion pounds. […]

Apparel company Kit and Ace is undergoing some hardships in the current retail climate. The company is experiencing layoffs as well as closures for some of its international stores including locations in the U.S., U.K., and Australia. Two of the brands stores in the U.K. have already closed, according […]

Hermès Group's consolidated revenue amounted to 1,352 million euros (1,471 million dollars) in the first quarter, up 13.5 percent at current exchange and 11.2 percent at constant exchange rates. The company said, sales growth was very sustained in the group's stores, up 13 percent at constant exchange […]

Under Armour said revenue was up 7 percent to 1.1 billion dollars in a first quarter, driven by a 4 percent increase in wholesale revenue to 773 million dollars and a 13 percent increase in direct-to-consumer revenue to 302 million dollars. Gross margin was down 70 basis points to 45.2 percent. While […]

A decline of 3.9 percent to 443.4 euros on Tuesday, the sharpest accused by Hermès in recent times, and just the most immediate consequence for the iconic French label of rival’s LVMH last move. Hermès was heavily penalised on the trading floor by the decision of Bernard Arnault to partly finance its […]

Deckers Brands maker of labels such as UGG and Teva, has announced that its Board of Directors has initiated a process to review a broad range of strategic alternatives to enhance stockholder value, which may include a sale or other transaction. “The management team continues to remain focused on driving […]

First quarter revenues at Kering totalled 3,573.5 million euros (3,912 million dollars), up 31.2 percent as reported and 28.6 percent on a comparable basis. The company said, revenue generated by luxury activities totalled 2,417.1 million euros (2,646 million dollars), up by 34 percent reported and […]

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