Moss Bros Group Plc in its preliminary results statement, covering the period from to January 26, 2019 said adjusted loss before tax was 0.4 million pounds (0.5 million dollars) compared to profit before tax of 6.7 million pounds restated in 2017/18. Statutory loss before tax was 4.2 million pounds […]

French department store Galeries Lafayette has ambitious expansion plans for its presence in China: The iconic department store chain is planning to open around ten new stores in China by 2025 and achieve revenues of one billion euros (1.13 billion US dollars). "We are targeting around 10 stores in […]

After the Dutch Bretoniere Group filed for bankruptcy on 9th March, it found a buyer in RNF B.V., which also owns fashion brand Mexx. This means good news for fans of women’s shoe brands Fred de la Bretoniere and Shabbies Amsterdam, as they are currently being relaunched. Now, the Bretoniere Group and […]

PVH Corp. has entered into a definitive agreement to reacquire the license for the Tommy Hilfiger brand in Hong Kong, Macau, Taiwan, Singapore and Malaysia, along with certain related leases and retail assets, from Dickson Concepts (International) Limited. Without disclosing the details, the company […]

Safilo and Kate Spade New York have renewed their global eyewear licensing agreement for the design, manufacturing and worldwide distribution of Kate Spade New York branded sunglasses and optical collections. Safilo said in a statement that the agreement will now run until June 30, 2026. “The long-standing […]

G-III Apparel Group, Ltd. has announced that its net sales for the fiscal year ended January 31, 2019 increased 9.6 percent to 3.08 billion dollars, while the GAAP net income reached 138.1 million dollars or 2.75 dollars per diluted share, compared to 62.1 million dollars or 1.25 dollars per diluted […]

Nike, Inc. reported diluted earnings per share of 68 cents in the third quarter to February 28, 2019. The company said, revenues for Nike, Inc. increased 7 percent to 9.6 billion dollars, up 11 percent on a currency-neutral basis, while revenues for the Nike brand were 9.1 billion dollars, up 12 percent […]

Privately-held Swiss distribution and brand management group Maus Frères has confirmed that it has entered into “exclusive negotiations” to acquire contemporary fashion brand, The Kooples. In an official statement, Maus Frères said that it was in talks with the shareholders of The Kooples, and that […]

Nine West Holdings has emerged from Chapter 11 bankruptcy under the majority equity ownership of CVC Credit Partners and Brigade Capital, and has been renamed Premier Brands Group Holdings LLC. The US footwear and apparel company, which filed for bankruptcy in April 2018, said in a press release on […]

For the year ended 31 December 2018, Li & Fung Limited said, on a like-for-like basis and excluding the impact of the strategic divestment of the three product verticals in April 2018, which triggered a one-off disposal loss of 114 million dollars, core operating profit decreased by 20 percent to 285 […]

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