Cartier is the newest addition to the Tmall Luxury Pavilion - Alibaba's dedicated e-commerce site for luxury brands retailing in China. The luxury jewelry brand will operate a flagship boutique through the Tmall Luxury Pavilion, offering all of its product categories including jewelry, timepieces and […]

Urban Outfitters, Inc. has announced that total company net sales for the two months ended December 31, 2019, increased 2.9 percent over the same period last year, while comparable retail segment net sales increased 3 percent, driven by growth in the digital channel, partially offset by negative retail […]

PVH Corp. has updated its fourth quarter and full year 2019 earnings outlook in connection with sale of its Speedo North America business to Pentland Group PLC for 170 million dollars in cash. The company currently projects loss per share on a GAAP basis for the fourth quarter 2019 will be approximately […]

The Coach Foundation, the charitable foundation run by Tapestry-owned brand Coach, is donating 100,000 U.S. dollars to the relief efforts for the bushfires in Australia. Its donation amounts to approximately 145,000 Australian dollars and will be made directly to the Australian Red Cross. Tapestry has […]

L Brands, Inc. reported net sales of 3.906 billion dollars for the nine weeks ended January 4, 2020, compared to 4.072 billion dollars for the same period ended January 5, 2019. L Brands said in a statement that comparable sales decreased 3 percent for the period under review. The company reported net […]

For the 13 weeks to December 28, 2019, Marks and Spencer plc (M&S) reported group revenues of 3,018 million pounds (3,953 million dollars), down 0.7 percent with clothing & home revenues of 1,063 million pounds (1,392.3 million dollars), down 3.7 percent. International revenues of 251 million […]

December 2019 same-store sales including online sales at Uniqlo Japan decreased by 5.3 percent year on year while total sales including online sales decreased by 5.5 percent. The company part of the Fast Retailing Group said in a statement that same-store sales declined year on year in December after […]

Fast Retailing Fast Retailing Group said that consolidated revenue of 623.4 billion yen (5.70 billion dollars) for the first quarter were down 3.3 percent, while operating profit of 91.6 billion yen (0.84 billion dollars), dropped 12.4 percent. The company attributed decline in revenue and profit to […]

Luxury conglomerate Kering has announced that its family of brands are banding together to donate a total of 1 million Australian dollars as an immediate contribution to “support the efforts of the Australian people to fight the wildfires”. The donation from Gucci, Saint Laurent, Bottega Veneta, Balenciaga, […]

Macy’s, Inc. has announced that comparable sales on owned basis for the months of November and December 2019 rose 0.7 percent, while on owned plus licensed basis, comparable sales were up 0.6 percent. “Macy’s, Inc.’s performance during the holiday season reflected a strong trend improvement from the […]

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