REPORTApril 2016 same-store sales at Uniqlo Japan, part of the Fast Retailing Group, increased by 1.3 percent year on year while sales at its own stores increased by 1 percent. The company said, total sales including online sales increased by 2.3 percent during the month under review. It added that […]

REPORTL Brands net sales increased 2 percent to 737.5 million dollars for the four weeks ended April 30, 2016, compared to net sales of 724.6 million dollars for the four weeks ended May 2, 2015. Comparable sales increased 1percent. The company reported net sales of 2.614 billion dollars for the first […]

Los Angeles - After prepping for a Chapter 11 bankruptcy, it seems that Aeropostale is only headed for more turmoil. The filing is potentially opening the teen retailer up to a conflict with one of its major shareholders: Sycamore Partners. The reason that the court filing may cause problems for its […]

London - German sportswear group Adidas is seeking to shed the bulk its golf brands, which have been struggling as of late, in order to focus on further developing its core apparel and footwear sectors. In an announcement published on Wednesday, Adidas revealed that following an "analysis for the future […]

REPORTAdidas Group currency-neutral sales increased 22 percent in the first quarter of 2016, with accelerating momentum at both Adidas and Reebok. In euro terms, Group revenues grew 17 percent to 4.769 billion euros (5.483 billion dollars). “We are off to a powerful start in 2016 with record first quarter […]

REPORTWolverine Worldwide first quarter reported revenue stood at 577.6 million dollars for the period ended March 26, 2016. Underlying revenue declined 6.6 percent and reported revenue declined 8.5 percent versus the prior year. “We exceeded expectations for both revenue and earnings in the first quarter […]

While leading luxury goods retailers such as LVMH and Hermes have attributed slowing sales of fashion and leather goods to weak global economic conditions, Chanel, the second largest luxury brand in the world is optimistic about its prospects ahead. The company, with its efforts to get rid of grey market […]

REPORTIn the first quarter of 2016, Hugo Boss said, the difficult global market environment, company-specific challenges and investments in future growth put pressure on sales and earnings. However, the company has reiterated its outlook for the full year, and is expecting an improved trend in sales […]

REPORTVF Corporation revenues were flat for its first quarter ended April 2, 2016. Revenue was in line with last year at 2.8 billion dollars, up 2 percent currency neutral driven by strength in outdoor & action sports and jeanswear coalitions and our direct-to-consumer and international businesses. […]

REPORTPuma’s sales growth continued in the first quarter of 2016 with an increase of 3.7 percent to 851.9 million euros (969 million dollars) or 7.3 percent currency adjusted, compared to 821.4 million euros (934 million dollars) in the previous year. “The first quarter of 2016 developed as we expected. […]

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