These are hard times for brick and mortar retail. While consumers still like to shop in brick and mortar stores, many retailers have been struggling to stay afloat due to dropping footfall in shopping malls and competition with online retailers. Here’s a recap of the fashion businesses which announced […]

New York-based athletic retailer Foot Locker, Inc., for its first quarter ended May 4, 2019 reported net income of 172 million dollars or 1.52 dollars per share compared to 165 million dollars or 1.38 dollars per share in the corresponding prior-year period. The company said, non-GAAP earnings were […]

In its financial results statement for the fourth fiscal quarter and fiscal year ended March 31, 2019, Deckers Brands said, fourth quarter net sales decreased 1.6 percent or 1.4 percent on constant currency to 394.1 million dollars, while full year net sales increased 6.2 percent to 2.020 billion dollars […]

Abercrombie & Fitch Co. has said that its board of directors declared a quarterly cash dividend of 20 cents per share on the Class A Common Stock of the company, payable on June 17, 2019 to stockholders of record at the close of business on June 7, 2019. The company operates over 850 stores under Abercrombie […]

Swiss mountaineering specialist Mammut is the industry’s first to offer companies products with NFC technology, which promise consumers new services via an app. Mammut Connect works with an integrated NFC chip Already at the OutDoor trade fair last summer, there was talk about it, with the chip being […]

INTERVIEWPart vetted manufacturer network, part production management tool, Supplycompass wants to make it easier for small and medium-sized fashion, accessories and interior brands to source responsibly-produced products overseas. The company connects around 40 of these brands to a select group of […]

Gap Inc has announced that its board of directors authorized a second quarter fiscal year 2019 dividend of 2425 cents per share, payable on or after July 31, 2019 to shareholders of record at the close of business on July 10, 2019. Gap offers clothing, accessories, and personal care products for men, […]

L Brands, Inc. net sales for the first quarter to May 4, 2019 were 2.629 billion dollars compared to 2.626 billion dollars for the same quarter last year. Comparable sales for the quarter were flat compared to the quarter ended May 5, 2018. The company said in a statement that comparable sales declined […]

L Brands, Inc. net sales for the first quarter to May 4, 2019 were 2.629 billion dollars compared to 2.626 billion dollars for the same quarter last year. Comparable sales for the quarter were flat compared to the quarter ended May 5, 2018. The company said in a statement that comparable sales declined […]

For its fourth quarter and full year ended March 30, 2019, VF Corporation , said revenue increased 6 percent or 9 percent in constant dollars to 3.2 billion dollars and 12 percent or 13 percent in constant dollars to 13.8 billion dollars, respectively. VF’s board of directors declared a quarterly dividend […]

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