Amid continued spread of COVID-19, Abercrombie & Fitch Co. has decided to temporarily close all stores across its brands outside of the APAC region, effective March 15 in North America and March 16 in EMEA, until March 28, 2020. The company said in a statement that its locations in the APAC region […]

Founded in the United States in 1916, the AACSB (Association to Advance Collegiate Schools of Business) is a worldwide reference for the best business schools. The organization welcomes a new member this month: the International School of Fashion and Luxury (EIDM). It signals a new integration that […]

Zumiez Inc. total net sales for the fourth quarter increased 7.9 percent to 328.8 million dollars and comparable sales increased 6.4 percent compared to a comparable sales increase of 3.9 percent for the thirteen weeks ended February 2, 2019. Net income for the fourth quarter, Zumiez said in a statement, […]

Zumiez Inc. total net sales for the fourth quarter increased 7.9 percent to 328.8 million dollars and comparable sales increased 6.4 percent compared to a comparable sales increase of 3.9 percent for the thirteen weeks ended February 2, 2019. Net income for the fourth quarter, Zumiez said in a statement, […]

L Brands, Inc. has announced the appointment of Sarah E. Nash as Chair of the board of directors, effective upon the close of the transaction to sell a majority interest in Victoria’s Secret to Sycamore Partners. As previously announced on February 20, 2020, the company said in a statement, Leslie H. […]

On a reported basis, Gap Inc. said its diluted loss per share was 49 cents for the fourth quarter and diluted earnings per share for fiscal year 2019 were 93 cents, while the company’s adjusted diluted earnings per share were 58 cents for the fourth quarter and 1.97 dollars for fiscal year 2019. The […]

Safilo said that it closed 2019 with the net sales at 939 million euros (1,060.4 million dollars), up 3.1 percent at current exchange and 0.9 percent at constant exchange rates. In the fourth quarter, Safilo’s net sales equalled to 230.4 million euros (260.2 million dollars), down 2.8 percent at current […]

Brunello Cucinelli S.p.A. net revenues for 2019 rose by 9.9 percent at current exchange rates and 8.6 percent at constant exchange rates to 607.8 million euros (686 million dollars), while the company said in a statement that revenue from sales and services, including other operating income, amounted […]

2019 revenue at Lenzing Group dropped by 3.3 percent to 2.11 billion euros (2.39 billion dollars), driven by lower selling prices as well as standard fibre volumes. The company said in a statement that due to positive mix effects and more resilient specialty fibre prices, the share of specialty fibres […]

Ahead of its participation at the BofA Securities Consumer & Retail Technology Conference 2020, Urban Outfitters, Inc. has announced that over the past week, the company has seen a decline in store traffic and sales in areas heavily impacted by COVID-19 such as Milan, Italy and Seattle, Washington, […]

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