The troubled Sonia Rykiel French fashion house -- that once symbolised the rebellious spirit of Paris in 1968 -- on Thursday went into liquidation. A Paris court ordered the winding up of the loss-making brand founded by the "Queen of Knits" Rykiel, an icon of 1960s revolt against the fashion establishment. […]

Kering reported its net profit for H1 increased on Thursday. Compared with the same period last year, revenues surged by 19 percent. The company's net profit for H1 was 1,556.1 million euros, grew from 1,262.2 million euros a year earlier. Furthermore, revenues grew to 7,638.4 million euros. Kering […]

The company said on Thursday its Q2 net profit increased. Compared with the same period last year, revenues climbed by 9 percent. The company's net profit for Q2 was 23 million dollars, increased from 10.4 million dollars a year earlier. Revenues surged to 526.2 million dollars. Columbia Sportswear […]

EXCLUSIVE Italian group OTB has increased its stake from 51 percent to 70 percent in Viktor&Rolf. The company said that the remaining 30 percent will be equally split between the two Dutch designers Viktor Horsting and Rolf Snoeren, who founded by the label in 1993 and joined the OTB group in 2008. […]

In the second quarter of 2019, SMCP, the parent company of Sandro, Maje and Claudie Pierlot said consolidated sales reached 265.7 million euros (295.7 million dollars), up 8.9 percent at constant currency, while the company said, reported sales stood at 10.1 percent, including a positive currency impact […]

Even though the trade dispute between the United States and China has moved away from escalation and towards reconciliation since the G20 meeting in June in Osaka, the consequences of this already year-long exchange of blows between two big players in the international cotton industry are clearly noticeable […]

For its first half to June 30, 2019, Moncler S.p.A., recorded revenues of 570.2 million euros (634.8 million dollars), an increase of 13 percent at constant exchange and 16 percent at current exchange rates, compared to the respective period in 2018. The company said, growth rate accelerated in the […]

Luxury conglomerate LVMH Moët Hennessy Louis Vuitton recorded revenue of 25.1 billion euros (27.9 billion dollars) in the first half of 2019, up 15 percent, while organic sales growth was 12 percent compared to the same period in 2018. The company said, in the second quarter, revenue increased by 15 […]

Bench is returning to the European market after investor Gordon Brothers took over the brand rights following the streetwear brand’s bankruptcy last year. Bench unveiled its spring 2020 collection, which comprises around 300 pieces, at UK fashion trade show Pure London. Wholesale prices for t-shirts […]

The period apparel industry is on the rise. Four-year-old e-commerce company Ruby Love, which specializes in a wide range of leak-proof womenswear, announced that it received a 15-million-dollar investment from global fund The Craftory. The Craftory supports mission-driven consumer brands; it has previously […]

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