The Hermès group’s consolidated revenue amounted to 5,012 million euros (5,578 million dollars) at the end of September 2019, up 16 percent at current exchange and 13 percent at constant exchange rates. The company said, 14 percent sales growth in the group’s stores constant exchange rates, confirms […]

During the third quarter, Kinnevik’s net asset value of 92 billion Swedish krona (9.5 billion dollars) or 334 Swedish krona (34.7 dollars) per share, increased by 3 billion Swedish krona or 3 percent, which the company said, was primarily driven by positive share price development in Zalando and Tele2, […]

For its third quarter, eBay Inc. delivered revenues of 2.6 billion dollars, flat on an as-reported basis and increase of 2 percent on a foreign exchange (FX) neutral basis. The company said in a statement that gross merchandise volume (GMV) of 21.7 billion dollars, was down 4 percent on an reported […]

Calida Group has announced that it has received a binding offer from the Korean K2 Group to sell its trademark Eider, subject to a works council consultation process in France. Eider is one of the three brands of the Millet Mountain Group, a fully owned subsidiary of Calida affiliate Lafuma Group. Commenting […]

Skechers USA, Inc., for the third quarter ended September 30, 2019 reported sales growth of 15.1 percent as a result of a 21.9 percent increase in the company’s international business, or 25.7 percent on a constant currency basis, and a 6.7 percent increase in its domestic business. On a constant currency […]

Calvin Klein and Swatch Group have agreed to end their 22-year licensing agreement. In a statement, Calvin Klein, Inc. wrote that it had been evaluating its watch and jewelry license in recent years and felt that the growth opportunity it sees for the category had not been optimized with Swatch Group's […]

John Lewis sales for the week to October 19, 2019, were up 8.5 percent on the same week last year as, the company said, customers shopped promotions across fashion and beauty in shops and online. The company announced through a statement that fashion sales were up 32.1 percent on the back of its 20 […]

BACKGROUND The artificial intelligence and tablets deployed at the largest European production facility of German businesswear maker Hugo Boss may be astounding, but it’s the new ways in which humans and machines are interacting that is perhaps most noteworthy. “The interesting thing about technology […]

INTERVIEW We may hear of executives taking a sabbatical or a timeout, even in the hectic industry that is fashion, but often, we never hear from them again. In 2017, FashionUnited spoke with Sebastian Janus who had decided to give up his secure position as the CFO/director e-commerce finance for Foot […]

Destination Maternity Corporation has filed voluntary petitions to restructure under chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The company said that it filed to facilitate and continue a marketing process begun in early September that […]

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