ANALYSISNew York – Doubts over Koovs’ future are building up after the Indian ‘Asos wannabe’ has failed to secure the funding they need to keep up with their ambitions. Lord Alli, formerly at Asos’ helm, listed Koovs PLC on London’s junior stock market, AIM. His vision was to replicate the success he […]

In a trading update for the first half year, Superdry Plc said, revenues declined 11.3 percent to 367.8 million pounds (473.2 million dollars), reflecting an expected year of reset, and the need to address a number of legacy issues across the business. The company’s retail sales decline moderated through […]

Capri Holdings Limited, the parent company of luxury labels Jimmy Choo, Versace, and Michael Kors, is facing challenges after missing its quarterly profit estimate. Overall, the company’s revenue increased. However, sales for Michael Kors, Capri Holdings’ largest label, decreased from 1.13 billion USD […]

Crocs Inc. has opened the doors to a new, 550,000 square foot distribution facility in the U.S. Located in Daytona, Ohio, this center will replace the company's current facility just outside of Los Angeles, California. The Ohio location will serve as the distribution center for all Crocs operations […]

Vince is expanding its portfolio of contemporary womenswear labels. The New York-based luxury apparel and accessories brand has announced the acquisition of Rebecca Taylor and Parker. Both Rebecca Taylor and Parker were previously owned by Sun Capital, a privately held global investment firm that also […]

The company said on Wednesday its Q2 net profit dropped. Compared with the same period last year, revenues increased by 15 percent. The company's net profit for Q2 was 73 million dollars, dropped from 137 million dollars a year earlier. Revenues climbed to 1,442 million dollars. Compared to 11 percent […]

The Lenzing Group’s revenues in the third quarter amounted to 1.62 billion euros (1.79 billion dollars), down 1.1 percent, which the company said were achieved despite the steep decline in prices for standard viscose. However, the company added that share of specialty fibers in revenue, at 49.8 percent, […]

As announced by the company earlier, baby products retailer Mothercare plc has appointed Zelf Hussain, Toby Banfield, and David Baxendale of PricewaterhouseCoopers LLP as administrators to Mothercare UK and Mothercare Business Services Limited (MBS), with effect from November 5, 2019. Commenting on […]

Jewellery brand Pandora has reported like-for-like improvements following its relaunch in the summer in Los Angeles, where it showcased its new company vision, “We give a voice to people’s loves – Passions, People and Places,” alongside an updated logo, monogram and signature colour. Pandora is stating […]

The company said on Tuesday its Q1 net profit slipped. Revenues decreased by 2 percent from the same period last year. For Q1, the company's net profit was 20 million dollars, decreased from 122 million dollars last year. Revenues dropped to 1,358 million dollars. Compared to 9 percent a year ago, the […]

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