Steve Madden’s net sales in the first quarter increased 6.2 percent to 389 million dollars, while gross margin was 36.2 percent. Adjusted gross margin in the first quarter of 2017 was 36.6 percent. Net income was 28.7 million dollars or 0.50 dollar per diluted share, compared to 20.2 million dollars […]

London - Gucci has unveiled it's latest initiative - Gucci ArtLab, a futuristic hub of industrial craftsmanship and experimental laboratory for leather goods and footwear products. Located near the historical headquarters of the company in Casellina, and active since the beginning of the year, spanning […]

London - Luxury online retailer Farfetch is launching a new technology start-up accelerator, entitled 'Dream Assembly'. The online platform has already enlisted heritage fashion house Burberry and global venture capital form 500 Startups as its first partner organizations. Dream Assembly is set to offer […]

Revenues at Cherokee Global Brands for the fourth quarter were 6.9 million dollars from continuing operations, while net loss of 45.6 million dollars or 3.26 dollars per diluted share, the company said, reflected the impact of a one-time impairment charge of 35.5 million dollars against 11.1 million […]

For the first quarter ending March 31, 2018, sales at Skechers USA Inc grew 16.5 percent as a result of a 17.9 percent increase in the company’s international wholesale business, an 8.5 percent increase in the company’s domestic wholesale business, and a 26.4 percent increase in its company-owned global […]

Destination Maternity Corporation said that net sales for the fourth quarter rose to 105.1 million dollars driven by an increase in comparable retail sales as well as additional sales generated in the 53rd week. Comparable sales for the quarter increased 5.2 percent. For the full fiscal year, net sales […]

Luxury down jacket manufacturer Moncler plans to focus on creating a robust online​ ​digital culture. According to a recent report in Reuters the company’s internet sales now account for just under 8 percent of total sales and the group aims to invest further to boost e-commerce. A company spokesperson […]

For the six months to March 3, 2018, Debenhams reported 3.1 percent decline in gross transaction value (GTV) for the UK segment to 1,303.3 million pounds (1,850 .7 million dollars), while revenue reduced by 3.7 percent to 1,065.9 million pounds (1,513.4 million dollars). Reported group profit before […]

Guess has partnered with The Better Cotton Initiative (BCI), an organization that works with cotton farmers, helping them to use water efficiently and care for the environment, as well as promote higher standards of work, during cotton production. In its FY16-17 Sustainability Report, Guess focussed […]

Perry Ellis International, Inc. has entered into a license agreement with Euroneck, S.A. de CV to design and distribute men’s neckties, bow ties, cummerbunds, pocket squares, ascots, winter and summer scarves and hosiery under the An Original Penguin by Munsingwear (Original Penguin) trademark in Mexico. […]