Canada Goose Holdings Inc reported quarterly earnings above Wall Street estimates on Wednesday, lifted by higher orders from department stores for its parkas and jackets, sending its U.S.-listed share up 8%.
Asos has had its challenges in recent periods and its share price has suffered, but the shares rose on Wednesday morning after the company said it has beefed up its board with some key non-exec director appointments.
Apparel rental services could now be taking spend away from traditional sales in an already challenged sector, and it remains to be seen if rental clothes will cannibalize retail sales over the longer term.
French Connection’s half-year results showed it “building on good progress” and “on track to meet expectations”, but it's still loss-making. It also said its strategic review would be completed before 2020.
Renzo Rosso, who owns more fashion-forward brands than anyone in Italy, is one busy man. We caught up with the fashion empresario in Manhattan to hear how his radical readjustment of Diesel is progressing.