Crocs, Inc. said revenues for the fourth quarter were 216 million dollars, growing 8.5 percent or 11.3 percent on a constant currency over the fourth quarter of 2017. The company added that store closures and business model changes reduced revenues by approximately 7 million dollars, while wholesale […]

JD.com, China’s e-commerce company and retail infrastructure service provider, in its unaudited financial results for the quarter and full year ended December 31, 2018 said that net revenues for the quarter of 134.8 billion Chinese yuan (219.6 billion dollars), increased by 22.4 percent, while net service […]

Toplife, the luxury e-commerce platform launched by Chinese online giant JD.com in 2017, is set to merge into Farfetch China, as part of a new partnership agreement between the two companies. In addition, products from over 3,000 luxury brands will be made available for JD.com’s 300 million app users, […]

Zalando has announced that the company finished 2018 on a high note, growing revenues in the fourth quarter by 24.6 percent to 1.7 billion euros (1.9 million dollars) at an adjusted EBIT of 117.8 million euros (1,271.5 million dollars). For the full year, the company’s revenues grew by 20 percent to […]

L Brands, Inc. earnings in the fourth quarter reached 1.94 dollars compared to 2.33 dollars in the same quarter last year. Operating income for the quarter was 799.4 million dollars compared to 986.6 million dollars, while net income was 540.1 million dollars compared to 664.1 million dollars in the […]

French consumer confidence increased again in February, reaching its highest level (95 points) since November, when the “yellow vests” protests started in the country, causing over 1 billion euros in losses as many retailers were forced to close doors. That’s according to a new report by France’s National […]

Steve Madden, for its fourth quarter reported net sales increase of 12.6 percent to 410.4 million dollars. Gross margin for the quarter was 37.1 percent compared to 38.4 percent in the previous year, while adjusted gross margin was 38.1 percent. Net income attributable to Steven Madden, Ltd. was 12.5 […]

In view of the continuing negative revenue development in the financial year 2018/19, which has witnessed a decline of 9 percent between May 2018 to February 2019, the management board of Wolford Ag has initiated comprehensive restructuring measures with sustainable cost saving potential to bring the […]

Gap Inc’s board of directors has approved a new 1 billion dollars share repurchase authorization for the company’s common stock, superseding the existing authorization dated February 25, 2016. The company also announced its intent of maintaining an annual dividend at the current level of 97 cents per […]

In a new report, Coresight Research took a look into the adaptive apparel market, which creates apparel to meet the needs of people with disabilities and chronic disease. Insights have shown that the market is rather underserved and could potentially reach 349.9 billion dollars globally within the next […]

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