Guess swings back to black on solid fourth quarter, CFO departs Guess Guess The Los Angeles-based Guess said fourth-quarter sales increased 23.4% to $799.9 million, from $648.5 million in the same prior-year quarter. Net earnings fell to $68.4 million, a 2.8%…
Maroc in Mode textiles trade show ready for 20th edition in Casablanca Translated by Nicola Mira Many European labels and buyers are keen to source their products closer to the regions where they are commercialised, providing new opportunities for the…
Authentic Brands Group withdraws IPO plans By Reuters Apparel chain operator Authentic Brands ABG’s portfolio includes brands such as Forever 21. Photo: Forever 21 x Everlast collection The company, which did not give a reason for shelving its listing, had…
Boohoo delivers good news on trading, hails strong performance Boohoo Boohoo It came as a welcome relief to the company’s under-pressure share price as the shares rose in double-digits in early trading after having fallen sharply in recent months. The…
H&M focuses on future growth as sales and profits soar H&M H&M The quarter’s net sales in local currencies increased by 11% and were up 8% in SEK at SEK56.8 billion (€5.4bn). Gross profit rose 14% to SEK31.3 billion with…
Esprit names Raphael Heinold as SVP head of wholesale and brand merchandising in Europe By DPA Translated by Roberta HERRERA Hong Kong-based fashion brand Esprit Esprit Over the course of his career, Heinold also served as product director at Tom…
Bershka offers customization of products through Custom Lab Translated by Roberta HERRERA The InditexBershka Through the brand’s app, clients will be able to customize their garments and accessories – Bershka Clients will be able to choose how to accent their…
Modtissimo’s triumphant return to Exponor Translated by Roberta HERRERA Modtissimo returns to Exponor after almost two decades of absence. After hosting the textile show between 1993 and 2005, the exhibition space once again welcomed professionals from the industry during this…
Russian shopping malls lose up to 30% of footfall By Reuters Russian shopping malls are “de-energised” and have lost up to 30% of their footfall following the exodus of Western brands, the son of one of Russia’s most prominent property…
Skechers names Doja Cat its first artist-in-residence SkechersCat Skechers names Doja Cat its first artist-in-residence. – Skechers Doja Cat first made the announcement during her performance at the TIME100 gala in New York on Wednesday night, where she wore a…
