J. Crew’s parent group Chinos Intermediate Holdings has seen its rating cut down by Moody’s. The rating firm explains that "The negative outlook reflects the persistent declines in J. Crew's operating performance due to weak execution and challenging industry environment." The lower rating on J.Crew´s […]

Levi’s just recently announced its newest deal in apparel. The company decided to join forces with start-up Re/Dun to pay royalties for Levi’s secondhand garments. Re/Dun, launched in 2014 by founders Sean Barron and Jamie Mazur, gained a reputable standing as a sustainable, vintage denim brand. Teaming […]

REPORT The IC Group’s continuing operations generated revenue of 2,638million Danish krona (397.9 million dollars) for 2014/15 corresponding to an increase of 2.9 or 4.9 percent in local currency. The operating profit of 207 million Danish krona (31.2 million dollars) was in line with expectations. […]

REPORT August 2015 same-store sales at Uniqlo Japan, a part of Fast Retailing Group increased by 2.5 percent year on year while sales at its directly-run stores increased by 3 percent. Total sales including online sales increased by 3.9 percent during the month. The company has attributed the rise in […]

REPORT Announcing unaudited results for the six months ended June 30, 2015, Jimmy Choo said its constant currency revenue growth of 6.5 percent or 5.5 percent at reported rates was driven by retail, which now represents 62.9 percent of revenues. Commenting on the first half performance, Pierre Denis, […]

REPORT Consolidated turnover at Van de Velde in the first half of 2015 rose by 6 percent from 107 million euros (120.4 million dollars) to 113.4 million euros (127.7 million dollars). On a like-for-like basis including comparable deliveries consolidated turnover was up 8.2 percent. This turnover growth […]

ANALYSISHermès has defied all the odds by reporting a 20 percent rise in operating income to 748 million euros for the first half of 2015, despite its heavy reliance on the slowing economy of China. Likewise, half-year sales for the French luxury goods retailer also grew in Japan (+20 percent) and Europe […]

REPORT As of June 30, 2015, the Salvatore Ferragamo Group posted total revenue of 722 million euros (814.8 million dollars), registering a 10 percent increase at current exchange rates including the negative hedging effect of 23 million euros (25.9 million dollars). Revenue growth at constant exchange […]

REPORT The consolidated turnover for the first semester reached 2, 299 million euros (2,593 million dollars), an increase of 21percent at current exchange rates. Excluding consideration of the positive currency impact, the growth amounts to 9 percent. The operating income was up 20 percent and amounted […]

REPORT The Etam Group generated net sales of 645.4 million euros (727.1 million dollars) during the first half of 2015, including a positive currency effect of 38.8 million euros (43.7 million dollars) mainly due to the appreciation of the yuan against the euro. This represents an increase of 7.9 percent […]

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