REPORTYoox Net-A-Porter Group has said that for the financial year ended December 31, 2015, the company recorded a monthly average of 27.1 million unique visitors, up 14.7 percent compared to 2014, which translated into 7.1 million orders, up 21.9 percent compared to the previous year. The Group reported […]

Los Angeles - After over a year of financial woes, American Apparel has officially exited Chapter 11 bankruptcy. The fashion-basic apparel brand announced that it has emerged as a private company through its newly structured reorganization plan. The trendy retailer and manufacturer was deemed out of […]

REPORTDeckers Brands net sales increased 3.6 percent on a constant currency basis and 1.4 percent on a reported basis to 795.9 million dollars in the third quarter compared to 784.7 million dollars for the same period last year. Diluted earnings per share were 4.78 dollars compared to 4.50 dollars for […]

REPORTRalph Lauren Corporation has reported net income of 193 million dollars, or 2.27 dollars per diluted share, for the third quarter of fiscal 2016, compared to reported net income of 215 million dollars, or 2.41 dollars per diluted share, for the third quarter of fiscal 2015. “2015 was a year of […]

PVH Corp and funds advised by Apax Partners have entered into a definitive agreement for PVH to acquire the 55 percent interest in TH Asia Ltd, their joint venture for Tommy Hilfiger in China. The closing of this deal to happen early in the second quarter of 2016 is expected to be slightly accretive […]

American Apparel is seeing its financial woes deepen in its most recent quarter as the company approaches a deadline for the approval of a Chapter 11 exit plan. For the quarter ended September 30, American Apparel reported a growing loss of 25.6 million dollars from a 19.2 million dollars loss a year […]

Yahoo on Tuesday said it is cutting 15 percent of its workforce and narrowing its focus as it explores "strategic alternatives" for the future of the faded Internet star. The announcement, coming with the release of a big quarterly loss, offered the first sign that Yahoo may be open to a sale or merger […]

REPORTLVMH Moët Hennessy Louis Vuitton recorded revenue of 35.7 billion euros (38.9 billion dollars) in 2015, an increase of 16 percent over the previous year. Organic revenue growth was 6 percent. In the fourth quarter, revenue increased by 12 percent and organic growth was 5 percent.The Group witnessed […]

REPORTMichael Kors Holdings for the third quarter ended December 26, 2015 registered total revenue increase of 6.3 percent to 1.40 billion dollars from 1.31 billion dollars in the third quarter of fiscal 2015. On a constant currency basis, total revenue increased 9.9 percent. Commenting on the development, […]

REPORTJanuary 2016 same-store sales at Uniqlo Japan increased by 14.6 percent year on year, while sales at its own stores increased by 14.1 percent. Total sales including online sales during the month under review, increased by 16 percent. The company said, same-store sales rose year on year in January […]

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