In a trading update for the first half year, Superdry Plc said, revenues declined 11.3 percent to 367.8 million pounds (473.2 million dollars), reflecting an expected year of reset, and the need to address a number of legacy issues across the business. The company’s retail sales decline moderated through […]

Capri Holdings Limited, the parent company of luxury labels Jimmy Choo, Versace, and Michael Kors, is facing challenges after missing its quarterly profit estimate. Overall, the company’s revenue increased. However, sales for Michael Kors, Capri Holdings’ largest label, decreased from 1.13 billion USD […]

Crocs Inc. has opened the doors to a new, 550,000 square foot distribution facility in the U.S. Located in Daytona, Ohio, this center will replace the company's current facility just outside of Los Angeles, California. The Ohio location will serve as the distribution center for all Crocs operations […]

Vince is expanding its portfolio of contemporary womenswear labels. The New York-based luxury apparel and accessories brand has announced the acquisition of Rebecca Taylor and Parker. Both Rebecca Taylor and Parker were previously owned by Sun Capital, a privately held global investment firm that also […]

The company said on Wednesday its Q2 net profit dropped. Compared with the same period last year, revenues increased by 15 percent. The company's net profit for Q2 was 73 million dollars, dropped from 137 million dollars a year earlier. Revenues climbed to 1,442 million dollars. Compared to 11 percent […]

Jewellery brand Pandora has reported like-for-like improvements following its relaunch in the summer in Los Angeles, where it showcased its new company vision, “We give a voice to people’s loves – Passions, People and Places,” alongside an updated logo, monogram and signature colour. Pandora is stating […]

M&S reported its net profit for H1 slipped on Wednesday. Revenues slipped by 2 percent from the same period last year. The company's pre-tax profit for H1 was 177 million pounds, down from 213 million pounds a year earlier. Revenues dropped to 4,861 million pounds. As of 2019, M&S has more than 81,000 […]

The company said on Wednesday its FY18 net profit decreased. Compared with the same period last year, revenues also slipped by 8 percent. For FY18, the company's net profit was 490 million euros, dropped from 538 million euros last year. Furthermore, revenues dropped to 844 million euros. Compared to […]

The Lenzing Group’s revenues in the third quarter amounted to 1.62 billion euros (1.79 billion dollars), down 1.1 percent, which the company said were achieved despite the steep decline in prices for standard viscose. However, the company added that share of specialty fibers in revenue, at 49.8 percent, […]

Adidas Ag said on Wednesday its Q3 net profit decreased. Revenues increased by 9 percent from the same period last year. The company's net profit for Q3 was 644 million euros, down from 656 million euros a year earlier. Revenues climbed to 6,410 million euros. The profit margin of the company decreased […]

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