- Prachi Singh |
Lee Jeans, Facebook Kontoor Brands, Inc. reported revenue increase to 652 million dollars, up 29 percent on a reported basis and 27 percent in constant currency for the first quarter. Compared to adjusted revenue in the first quarter of 2019, reported revenue increased 3 percent. “The strong performance […]
- Prachi Singh |
Kate Spade, Business Wire Net sales at Tapestry Inc. totalled 1.27 billion dollars for the third quarter compared to 1.07 billion dollars in the prior year, representing a 19 percent increase. Commenting on the third quarter results, Joanne Crevoiserat, chief executive officer of Tapestry, said: “Through […]
- Danielle Wightman-Stone |
The Global Design Graduate Show is returning for a second year to celebrate all art and design students, undergraduate and postgraduate, graduating in 2021. The showcase, launched by Artsthread in response to the Covid-19 pandemic cancelling end of year graduate showcases in 2020, is again teaming up […]
- Huw Hughes |
Image: Next Next has increased its full-year profit forecast for the third time in less than a year following a surge in sales. The British fashion retailer increased its central guidance for full year profit before tax by 20 million pounds to 720 million pounds, thanks to a mix of strong e-commerce […]
- Huw Hughes |
Image: Superdry Superdry has reported a 21 percent drop in full-year revenue as Covid-19 continued to impact the business, but said it could “clearly see the light at the end of the tunnel” as it returned to growth in Q4. The British fashion retailer said its revenue in the 12 months to April 24 2021 […]
- Prachi Singh |
Gildan, Facebook Net sales for the first quarter at Gildan Activewear Inc. of 589.6 million dollars were up 28.4 percent compared to the first quarter of 2020, consisting of activewear sales of 484.6 million dollars, up 30.1 percent and sales of 105 million dollars in the hosiery and underwear category, […]
- Simone Preuss |
Austrian fiber producer Lenzing Group is planning to invest more than 200 million euros (around 240 million US dollars / 170 million pound Sterling) in its production sites in Purwakarta (Indonesia) and Nanjing (China) to convert existing standard viscose capacity into environmentally responsible specialty […]
- Huw Hughes |
Image: The Original Muck Boot, Facebook Rocky Brands, a designer, manufacturer and marketer of footwear and apparel, has reported a 57.3 percent increase in first-quarter revenue to 87.7 million dollars. The US company saw sales in its wholesale segment increase 69.1 percent in the quarter, while sales […]
- Nora Veerman |
Image: Rtfkt website Platform for virtual fashion Rtfkt has raised a total amount of 8 million dollars (converted 6.7 million euros) in an investment round, according to a press release in the hands of Business of Fashion. The investment is intended to expand the team and further expand the online platform, […]
- Prachi Singh |
Revenue at Lenzing Group rose by 4.9 percent to 489.3 million euros in the first quarter of 2021 due to increase in demand from China and the resulting higher viscose prices. The company said, focus on wood-based specialty fibers such as Tencel and Lenzing Ecovero branded fibers had a positive impact […]