The NYC-based fashion brand reported $8.0 million in third-quarter net income on Thursday, as increased sales and improved margins offset the effect of costs related to the company’s recent acquisitions.
Hudson’s Bay CoChairman Richard Baker won the support of proxy advisory firm Glass Lewis for the takeover of the Canadian retailer, just days after a rival adviser recommended stakeholders vote against the plan.
The chief executive officer of the Spanish brand is expecting to see “positive results” this year, and reveals the key elements of his growth strategy: a logistics upgrade, bigger stores and omnichannel.
Emanuel Ungaro has partnered with manufacturer GST, part of the Toma Italian Brands group to expand its menswear segment, still led by Philippe Paubert, and also has new licensees for footwear and leather goods.
Superdry delivered plenty of negative numbers with its half-year results on Thursday but they'd largely been expected as the company is deep in a reset strategy and it said this is showing early signs of working.
Lululemon Athletica Inc forecast holiday quarter profit largely below analysts’ expectations on Wednesday, as the athleisure pioneer invests heavily to launch new products to fend off intensifying competition.
The Fort Wayne, Indiana-based accessories company announced a 30.5% increase in third-quarter net revenues on Wednesday, as the addition of sales from its recently acquired Pura Vida brand continued to drive gains.
The next time anyone tells you how hard it is to open a company in France tell them to talk to the guys at Hast; a clever new niche brand that’s developed an insider following since its launch in 2012.
American Eagle Outfitters forecast holiday-quarter profit and comparable sales below market expectations on Wednesday, as the apparel retailer ramps up promotions to counter sluggish demand for its flagship AE brand.