UPDATE London - Jack Ma, the founder and executive chairman of Chinese e-commerce giant Alibaba has cancelled an upcoming speech at the International Anti-Counterfeiting Coalition (IACC) following the suspension of Alibaba's membership last week. Ma was set to give a keynote speech at the spring conference […]

REPORTBurberry has said that its revenues stood at 2.5 billion pounds (3.6 billion dollars) and adjusted PBT was 421 million pounds (607 million dollars), down 10 percent underlying for the year ended March 31, 2016. The company has also announced an ambitious three year plan to drive revenue growth, […]

REPORTThe H&M Group’s sales including VAT increased by 5 percent in local currencies in April 2016 compared to the same month the previous year. The company said, the cold spring which continued into April in several of H&M’s large markets had an unfavourable impact on sales of transitional garments. […]

REPORTIn the first quarter of 2016, Yoox Net-A-Porter Group recorded consolidated net revenues, net of returns and customer discounts, of 446.2 million euros (506.2 million dollars), up 14.5 percent at constant exchange rates and up 13.8 percent at current exchange rates from pro-forma net revenues […]

Most of the studies indicate that weddings in China are considered to be a once in a lifetime opportunity to splurge on everything from wedding dress and photo session to return gifts. Western culture swept into China three decades ago when the communist country welcomed foreign trade. And western brands […]

Most of the studies indicate that weddings in China are considered to be a once in a lifetime opportunity to splurge on everything from wedding dress and photo session to return gifts. Western culture swept into China three decades ago when the communist country welcomed foreign trade. And western brands […]

REPORTNordstrom earnings per diluted share stood at 0.26 dollar and total company net sales increased 2.5 percent for the first quarter ended April 30, 2016. However, comparable sales decreased 1.7 percent, compared with the same period last year. Nordstrom said, first quarter earnings were below the […]

REPORTRalph Lauren net revenues for the fourth quarter were flat with the prior year period on a constant currency basis and declined 1 percent on a reported basis to 1.9 billion dollars. Net revenues for the full year increased 1 percent on a constant currency basis, and declined 3 percent on a reported […]

REPORTDelta Apparel has announced that its second quarter expanded gross margins drove net income to 3.4 million dollars or 0.43 dollar per diluted share. Net sales, the company said impacted to some degree by the bankruptcy of a large retail customer, were 109.2 million dollars compared with sales […]

REPORTConsolidated sales at Tod’s in the first quarter were 249.6 million euros (284.9 million dollars), down 3.1 percent from Q1 2015. At constant exchange rates, including the related effects of hedging contracts, sales would have been 247.3 million euros (282.4 million dollars), down 4 percent from […]

Related news

 

MORE NEWS

 

Latest jobs

 

MOST READ