Net revenues at Levi Strauss grew 4 percent on a reported basis and 5 percent excluding 10 million dollars in unfavorable currency translation effects. On a reported basis, the company said, direct-to-consumer revenues grew 10 percent on performance and expansion of the retail network, as well as ecommerce […]

ANALYSISThis is being a great week for the world´s largest luxury goods group. On Tuesday, shares in LVMH hit a record high following the announcement of a 15 percent year-on-year increase in first quarter sales. After the company announced first-quarter organic revenue up by 13 percent, LVMH shares […]

In the first quarter of the 2017 fiscal year, the Christian Dior group recorded revenue of 10.4 billion euros (11 billion dollars), up 15 percent at actual exchange rates compared to the period from January 1 to March 31, 2016. The company said, organic revenue growth was 13 percent, with all business […]

In its preliminary result announcement for the first quarter, Puma said, its consolidated sales increased by approximately 15 percent currency adjusted and 18 percent reported to 1,005 million euros (1,072 million dollars) compared to 852 million euros (909 million dollars) in the first quarter last […]

Spanish fashion mogul Amancio Ortega, the founder of the world's biggest clothing retailer, has put his majority stake in Inditex into a holding company to ensure his family’s control remains unquestionable after his death. Corporate filings in Spain's Mercantile Registry show Ortega put a 50.01 percent […]

Prada net revenues for the year ended January 31, 2017 declined 9 percent at constant and 10 percent at current FX to 3,184.1 million euros (3,375 million dollars), compared to the same period in 2015. “The Prada Group has delivered a satisfactory set of results in-line with market expectations for […]

ANALYSISBoth business and stock trading at Abercrombie & Fitch have been a reason for concern for the company. Its just announced deal with Zalora, a leading Asian e-commerce platform, has been coined by many in the market as a much needed boost. Market sources consulted by FashionUnited point out that […]

LVMH Moët Hennessy Louis Vuitton recorded revenue of 9.9 billion euros (10.4 billion dollars) for the first quarter of 2017, representing an increase of 15 percent. Organic revenue growth was 13 percent compared to the same period of 2016, which the company attributed to sales increase across business […]

Italian high street brand Benetton is paving the way for fashion brands when it comes to their commitment to wool. As not only the first European fashion brand but also one of the few globally to join the International Wool Textile Organisation, the Benetton Group now has the chance to prove its commitment […]

Abercrombie & Fitch has entered into a wholesale agreement with Asia's online fashion destination, Zalora. A statement from the company said, starting next week, Zalora will offer Hollister merchandise through its online stores, followed by Abercrombie & Fitch product launching later this month. "We […]

Related news

MORE NEWS

 

LATEST JOBS

 

MOST READ