Announcing initial full year 2019 outlook for its recently separated jeanswear business - Kontoor Brands, VF Corporation has said that revenue is expected to exceed 2.5 billion dollars, reflecting a mid-single-digit decline compared with full year 2018 adjusted revenue. In line with prior expectations, […]

Puma's sales rose by 15.3 percent currency-adjusted or 16.6 percent reported to 1,319.3 million euros (1,469.8 million dollars) in the first quarter of fiscal 2019. The company said, Asia/Pacific, driven by China, and the Americas contributed with double-digit sales growth, while sales in EMEA also […]

Net sales at Columbia Sportswear Company increased 8 percent or 10 percent constant-currency to 654.6 million dollars for the first quarter of 2019. The company said, gross margin expanded 210 basis points to 51.4 percent of net sales, compared to 49.3 percent of net sales in the same quarter of 2018. […]

It looks like Kering is about to settle its tax dispute in Italy. The luxury conglomerate is close to signing a deal with the Italian tax authorities, agreeing to pay between 1.3 billion and 1.4 billion euros (approximately 1.5-1.6 billion US dollars), according to Italian newspaper Il Sole 24 Ore and […]

Net sales at Steve Madden increased 5.6 percent to 410.9 million dollars for the first quarter to March 31, 2019. The company said, gross margin was 38.2 percent compared to 36.2 percent in the same period last year, an increase of 200 basis points, while net income attributable to Steven Madden, Ltd. […]

Coty, the American beauty company behind brands Cover Girl, Rimmel and Max Factor, has been producing fragrances for Marc Jacobs for the last ten years. In fact, the partnership is so successful that the two parties decided to renew their long-term fragrance license agreement. “The renewal of our long-term […]

Canadian sportswear label Lululemon, best known for its yoga pants, has announced plans to venture into the footwear market, following a successful partnership with Athletic Propulsion Labs (APL) in 2017, when 23 Lululemon stores across North America offered an assortment of male and female footwear […]

In the first quarter of 2019, Hermès Group said that consolidated revenue amounted to 1,610 million euros (1,795.5 million dollars), up 16 percent at current exchange and 12 percent at constant exchange, driven by 13 percent sales growth in the group stores at constant exchange rates. Commenting on […]

To transform the fashion industry, global fashion retailer C&A together with its corporate foundation, the C&A Foundation, launched the Fashion for Good Centre in Amsterdam two years ago, with the aim of transforming the fashion industry, driving its transition to a circular economy and bringing industry […]

ANALYSIS New York – British online fashion firm Boohoo (BOO.L) reported a better-than-expected jump in profit and revenue for its year to mid-February, sending its stock soaring as much as 5 percent on the London Stock Exchange. As a result, the retailer’s market valuation rose to 2.65 billion pounds. […]

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