Farfetch Limited, for the third quarter ended September 30, 2019, reported revenue increase of 121 million dollars to 255.5 million dollars, representing growth of 89.9 percent. Gross Merchandise Value (GMV) for the quarter increased by 182 million dollars to 492 million dollars, representing year-over-year […]

Nike, Inc. has announced that its board of directors has approved a quarterly cash dividend of 245 cents per share on the company’s outstanding Class A and Class B Common Stock, which represents an increase of 11 percent versus the prior quarterly dividend rate of 22 cents per share. The company added […]

The company said on Friday its Q3 net profit slipped. Revenues climbed by 14 percent from the same period last year. For Q3, the company's net profit was 27 million Swedish krona, decreased from 29 million Swedish krona last year. Revenues surged to 230.6 million Swedish krona. Compared to 14 percent […]

About 90,000 Cambodian apparel and textile workers could be out of a job if the proposed trade sanctions by the European Union cause fashion brands to source elsewhere, fear workers’ rights groups. Currently, Cambodia profits from the “Everything but Arms” (EBA) scheme established in 2001 that gives […]

ANALYSISNew York – The EY luxury and cosmetics index (represented by the companies included in The Luxury and Cosmetics Financial Factbook 2019) has outperformed the market over the last 11 years with a total return of 210 percent and with an average yearly return of 11.5 percent. Furthermore, in the […]

Japanese fashion group Fast Retailing has announced partnerships with two robotics startups in a bid to step up its warehouse automation. The company, which owns Japanese fast-fashion giant Uniqlo, has linked with Mujin Inc., a Japanese intelligent industrial robot controller manufacturer, and Exotec […]

Online fashion and lifestyle company Global Fashion Group S.A. (GFG) has said that net merchandise value (NMV) increased by 24.1 percent on a constant currency basis to 433.8 million euros (477.6 million dollars), while revenue growth was 18.7 percent on a constant currency basis as marketplace share […]

Safilo Group S.p.A. closed the first 9 months of 2019 with the net sales of the continuing operations at 708.7 million euros (780.5 million dollars), up 5.2 percent at current exchange and 2.7 percent at constant exchange rates. In the 3rd quarter, the company’s net sales of the continuing operations […]

Iconix Brand Group for the third quarter ended September 30, 2019 reported revenue of 35.5 million dollars, a 23 percent, as a result of the transition of its Danskin and Mossimo direct to retail licenses in the women’s segment and the effect of the Sears bankruptcy on Joe Boxer and Bongo brands in […]

Total sales at John Lewis, for the week to November 9, 2019, were down 2.3 percent on the same week last year but the company said in a statement that customers enjoyed shopping promotions across lighting, fashion and beauty. Fashion sales for the week were up 2.4 percent, while beauty, wellbeing & […]

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