ANALYSIS L Brands, parent company of Victoria’s Secret among others (NYSE:LB), reported its January sales results earlier this month and raised its Q4 profit guidance, boosted by strong growth in revenues during the first month of the year. L Brands has reported net sales of 783 million dollars for […]

Administrators of fashion label Josh Goot are seeking expressions of interest for the business and assets of the company, which collapsed into voluntary administration earlier this month. As reported by Australian media, an advertisement in Monday’s ‘Australian Financial Review’ would indicate that […]

REPORT In comparison with last year, consolidated sales in the fourth quarter at Puma recovered and rose from 698.3 million euros (797 million dollars) to 750.8 million euros (856.8 million dollars), which represents a currency adjusted increase of 6.3 percent. For the full year, consolidated sales […]

REPORT Skechers USA reported that net sales for fiscal year 2014 were 2.378 billion dollars compared to net sales of 1.846 billion dollars in 2013. Gross profit for 2014 was 1.072 billion dollars or 45.1 percent of net sales compared to 818.8 million dollars or 44.4 percent of net sales in 2013. Earnings […]

Athletic apparel brand Under Armour Inc. (UA) has agreed to acquire MyFitnessPal for 475 million dollars, in a deal that expands the retailer's digital fitness platform. Under Armour said the addition of MyFitnessPal adds nutritional resources such as a calorie counter, nutrition and exercise tracker […]

The Australian operations of international denim designer G-Star RAW have gone into voluntary administration. Denim Enterprises, which trades as G-Star and has the rights to sell the Dutch designer’s apparel within Australia, entered voluntary administration on February, 2. Gess Rambaldi and Andrew […]

Zara Australia has got everyone talking, from happy shoppers to not that happy peers, as the Inditex flagship brand has assured it would not raise prices to counter the impact of the weaker national currency. "Inditex has a stable pricing policy," a Zara Australia spokeswoman said. "We aim to offer […]

REPORT Macy’s in its preliminary said that earnings per share for the full-year 2014 are above previous guidance and the fourth quarter 2014 comparable sales consistent with expectations. The company currently expects full-year 2014 earnings of between 4.35 dollars and 4.37 dollars per diluted share, […]

REPORT LVMH Moët Hennessy Louis Vuitton, one of the leading luxury products group, recorded revenue of 30.6 billion euros (35 billion dollars) in 2014, representing an increase of 6 percent over the previous year. Organic revenue growth was 5 percent. In the fourth quarter, revenue increased by 10 percent […]

Chinese e-commerce giant Alibaba has complained of 'misconduct' after local regulators accused the company of turning a blind eye to the sales of counterfeit goods on sites such as Taobao and Tmall. A report published by the Chinese government body SAIC (Trade and Commence) claimed that Alibaba allowed […]

Related news

 

MORE NEWS

 

Latest jobs

 

MOST READ