While increased attention is (finally) being given to wages and working conditions faced by garment factory workers in countries such as India, Burma and Bangladesh, few people know there are millions of workers making garments in informal, home-based settings too. During times of increased seasonal […]

Capri Holdings Limited, for the third quarter ended December 29, 2018, reported net income of 199.6 million dollars or 1.33 dollars per diluted share compared to 219.4 million dollars or 1.42 dollars per diluted share in the prior year. Adjusted net income was 264.7 million dollars or 1.76 dollars per […]

Announcing its results for the fourth quarter and fiscal year ended November 25, 2018, Levi Strauss & Co. said net revenues for the quarter grew 9 percent on a reported basis and 11 percent on a constant currency basis, which excludes 32 million dollars in unfavourable currency translation effect. Full […]

Ralph Lauren Corporation's net revenue has grown 5.1 percent or 6.3 percent in constant currency to 1.7 billion dollars in the third quarter. The company reported earnings per diluted share of 1.48 dollars on a reported basis and 2.32 dollars on an adjusted basis, for the third quarter of fiscal year […]

In the year 2018, Aeffe Group registered sales of 346.6 million euros (396.8 million dollars), a 11.2 percent increase at constant exchange and 10.9 percent at current exchange rates. The company said, revenues of the prêt-à-porter division amounted to 265.6 million euros (304 million dollars), up by […]

INTERVIEW Intersport is looking for new ways to grow. The shopping center specializing in sportswear and sports equipment is expected to conclude the first quarter of 2019 with several sales transactions, and the group wants to expand its online business, expecting growth prospects for 2019 to far exceed […]

For the month of January 2019, Uniqlo Japan reported 1 percent drop in same-store sales including online sales while total sales including online sales decreased by 0.9 percent. The company, part of the Fast Retailing Group, said in a statement that same-store sales held steady year on year in January […]

ANALYSIS New York –Asos PLC (LON:ASC) saw its market’s value cut by over 1 billion pounds in December after issuing a shocking profit warning. The sell-off was overdone, according to analysts at RBC Capital, but still dragged the company’s position in the UK’s alternative investment market (AIM). Now, […]

New York - The executives of the world’s largest group of luxury goods, LVMH, enjoyed a millionaire rise in the value of their personal fortunes shortly after the company reported its results for fiscal year 2018. In particular, Bernard Arnault, the fourth richest person in the world according to the […]

Amazon reported its third record profit in a row on Thursday, but forecasts lower-than-expected sales for the first quarter of 2019. In the last quarter of 2018, which includes the important Christmas trading period, profits rose 63 percent to 3 billion US dollars (2.3 billion pounds) - up from 1.86 […]

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