H&M is well known for giving little away in its sales results announcements. And so it was on Monday as the Swedish fashion giant said group sales rose 7% in local currencies in April compared to April 2016.
According to a decree between the company and the US agency for equal opportunity in the workplace, Signet does not have to pay damages to members of a class action suit that claims sexual harassment by executives.
While Revlon's Elizabeth Arden acquisition in late 2016 buoyed quarterly sales, revenues dropped on a pro forma basis, pushing Revlon shares down a whole 23% Friday, the biggest decline since the 2008 financial crisis.
Italian luxury goods company Tod's said it may struggle to meet market expectations for earnings this year after a bigger than forecast 4.4 % drop in first-quarter revenue, driven by shrinking Italian and U.S. sales.
Hong Kong’s Global Brands Group is to manage Juicy Couture in Europe and will kick off its new remit with a major push in the UK. Juicy is also targeting menswear growth with a capsule collection called Dirty English.
Italian luxury outerwear maker Moncler reported on Thursday a 16 percent rise in first quarter revenue, lifted by sales in Europe, particularly in Britain, France and Germany. Moncler said sales came in at 276.