The Kearney, Nebraska-based apparel retailer has reported continued sales declines in Q1 2018, partially offset by positive growth in its e-commerce business, but still managed to post a 12.3% increase in earnings.
China plans to use cornerstone investors to help its overseas-listed tech giants such as Alibaba and Xiaomito sell shares at home, on worries the size of the deals could overwhelm mainland markets, three sources said.
The Camera Nazionale della Moda Italiana has re-elected Carlo Capasa as its president for a two-year term. This is the third time that Capasa has been elected as president of the Camera, Italian fashion's governing body.
After a hiatus of three seasons, Raf Simons is to return to Paris to stage his next menswear show. He will present his Spring/Summer 2019 collection in the City of Light on Wednesday, June 20 at 9.30 p.m.
Spanish brand Bimba y Lola has posted double-digit revenue growth ahead of a possible sale to investment fund Permira. The brand ended 2017 with revenue of 180.8 million euros, up 18.5% against the previous year.