American Apparel saw estimated net sales for the third quarter drop 19 percent to 126.1 million dollars (83.4 million pounds), as the company filed a report with the SEC stating that the company’s bankruptcy resulted in missing its reporting deadline for the quarter. With only preliminary results to […]

REPORTThe Tom Tailor Group said that it achieved further growth in the first nine months of 2015 despite the ongoing challenges posed by the market. The company posted sales increases in all segments, with a group-wide increase in revenues of 1.5 percent to 689.6 million euros (741 million dollars). […]

ANALYSISCie. Financière Richemont SA dragged European stocks last Friday after the Swiss luxury group missed forecasts with its latest earnings. In fact, the Geneva-based company prompted a sell off after it said net profit for the six months to September 30 rose to 1.1 billion euros, behind analysts’ […]

In spite of going through some turbulent times in the press, French luxury house Hermès has continued to thrive. Any shareholders with concerns that negative press may affect Hermès image or sales need not worry however, as the luxury fashion house has continued to defy any trend of slipping revenues […]

Sometimes reviving a fashion label is akin to flogging a dead horse. After struggling for eight years to turn German sporting goods brand Puma into a success, its parent company Kering is rumoured to be considering selling off its majority stake and shedding the brand from its portfolio. This comes […]

REPORTRalph Lauren Corporation has reported net income of 184 million dollars, or 2.13 dollars per diluted share, for the second quarter of fiscal 2016. This compared to reported net income of 201 million dollars, or 2.25 dollars per diluted share, for the second quarter of fiscal 2015. Earnings per […]

While surf brand Quiksilver is attempting to turn things around since their filing for bankruptcy, Oaktree Capital is looking to step in. The Los Angeles-based investment firm is seemingly settling up to buy Quiksilver Inc. out of bankruptcy. Quiksilver filed with the U.S. Bankruptcy Court in September […]

In a bid to offer its customers a ‘more consistent experience’, Burberry has decided to merge its Prorsum, London and Brit lines into one Burberry label, reports WWD. The new strategy is a departure from how former CEO’s Rose Marie Bravo and Angela Ahrendts operated. Bravo, in fact, introduced the split […]

Italian fashion brand Fiorucci has changed hands. Lingerie expert Janie Schaffer – former CEO at Victoria´s Secret – has announced the acquisition of the brand from Japanese Itochu. As reported by ‘The Sunday Times’, the deal has been negotiated over a couple of months, with the transaction been finalised […]

New york - When you think of American Eagle, you don't exactly think of a contemporary men's wear label with pieces that usually cost a few hundred dollars. That's a thought you'd have when you think of Todd Snyder, who was bought for 11 million dollars in cash and stock by American Eagle in a deal […]

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