Foot Locker Q1 profits dip as sales inch forward Foot Locker Foot Locker revenues inched forward 1% in Q1 – Facebook: Foot Locker The New York-based company said total sales reached $2.175 billion for the quarter ending April 30, compared…
Scalpers’ sale on hold due to global economic uncertainty Translated by Roberta HERRERA Scalpers has put its sale on hold. After having commissioned investment bank Arcano Partners earlier this year the sale of its majority stake, Jaime Bergel and Pedro…
Inditex to restart operations in Russia “as soon as possible” By EFE Translated by Nicola Mira On Wednesday, Óscar García Maceiras, CEO of Inditex Archive image – Fashion Network Maceiras was visiting the University of A Coruña, Spain, where he…
Kevin Bailey is new Vans global President VF Corp’s Kevin Bailey — who’s recently been President, Asia-Pacific Region and Emerging Brands — is moving to a major new role at the firm as he steps up to be Global Brand…
As western retail brands exit, Russia looks east for replacements By Reuters API Russia is looking to China, India, Iran and Turkey to plug the gap created by an exodus of western retail companies, an industry body said on Friday,…
Burlington Stores CFO John Crimmins to retire Off-price fashion retailer Burlington Burlington Stores CFO John Crimmins to retire. – Facebook: Burlington The New Jersey-based retailer said it has initiated an external search for a new CFO and has engaged Egon…
Urban Outfitters clocks record Q2 sales on strong Anthropologie, Free People comps Urban Outfitters For the second quarter, Urban Outfitters clocked record sales during the three months, up 2.2% to $1.18 billion. – Urban Outfitters The Philadelphia-based company said revenues…
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%…
Nautica re-enters UK, Europe market with online launch this week The Nautica Nautica Competition Focus Brands Group is handling the UK debut. The revamp for the master brand blends fashion with classic pieces, but it’s also relaunching the younger Nautica…
Consumers wrongly believe fashion causes minimal pollution – report It appears UK consumers mistakenly believe fashion is less damaging to the environment than aviation, shipping, food, and construction — which it isn’t. Image: Pexels – Image: Pexels However, on the…
