Belgian lingerie group Van de Velde, which was banking on modest growth in 2018, has revised its outlook down, and is now expecting sales to be stable at best, if not in decline over the course of the year.
The NYC-based footwear and accessories company released its Q1 2018 results on Friday, reporting mid to high single-digit growth in both its wholesale and retail segments, and strong progress in international markets.
OTB, the holding company of Italian fashion billionaire Renzo Rosso, quadrupled its Earnings Before Interest and Tax (EBIT) to €21.5 million in 2017. Though total group revenue slid 2.4 percent over the same 12 months.
Farfetch has been a major retail disruptor in its relatively short history and now the company is setting out to find the next wave of tech firms with a start-up incubator that’s also being supported by Burberry.
The Anglo-Dutch consumer giant and maker of Dove beauty products revealed on Thursday that its Q1 sales fell compared to last year, announcing a $7.4 billion buy-back scheme ahead of the spin-off of its spreads division.
The ranks of people subscribing to Amazon Prime service for speedy delivery of purchases and streamed television has topped 100 million, the company's chief Jeff Bezos said Wednesday in an annual letter.
U.S. footwear firm Skechers Inc. saw double-digit sales growth in the first quarter of 2018. However, a softer current-quarter sales guidance saw shares tumble late Thursday afternoon, after a stellar 2017 stock.
Available in the UK for the last five years through department store chain Debenhams, the Kidiliz group-owned Levi's Kids brand is hoping to boost its visibility in the country with pop-up stores in 100 locations.
The Moorestown, New Jersey-based maternity apparel company has announced its fourth-quarter and full year 2017 results, reporting reduced losses thanks to a rise in Q4 sales, driven by strong e-commerce operations.
The prospects are looking grim for House of Fraser with news that the struggling retailer has called in advisors to look at its restructuring options, which means store closures could be on the horizon.
Sales dropped and profits headed downwards fast in the first half for Debenhams, but its international ops were stronger and its revamp strategy is showing early good results, although there's still a lot of work to do.
United Parcel Service Inc is taking a page out of a retailer’s playbook, offering discounts on everything from Costco memberships to luxury clothes and Disneyland tickets to loyal customers, UPS said on Wednesday.