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.
Fashion sales soared online during March, but while that could have been due to easter, the latest IMRG Capgemini e-Retail Sales Index suggests we could also be seeing fundamental changes in UK retail.
The initiative is the latest attempt by the industry to clean up its image and expunge the scourge of "blood diamonds" blamed for financing conflict in poor African countries, such as Sierra Leone and Liberia.
Target is zoning in on diversity when it comes to the beauty aisles.The retailer has introduced eight new cosmetics brands to its beauty section, all owned by women, and designed for medium to dark skin tones.
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.
Deteriorating trade ties between the United States and China could mean American imports could be much more expensive in the future as the two countries trade tit-for-tat tax hikes on each other's goods.
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.
Canadian Prime Minister Justin Trudeau said on Thursday he recognised the timelines on seeking a NAFTA trade agreement and was engaging as much as possible to meet an opportunity to make “significant progress”.
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.
Amazon has launched Alexa Skill Blueprints, giving users the opportunity to create personalized Alexa skills suited to their homes and families. Categories of skills include at home, fun and games, and learning.
Zooey Deschanel's HelloGiggles has published its first print issue. The lifestyle brand focused on millennial fashion, beauty, and curated essays will publish two issues per year with an initial circulation of 500,000.