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.
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.
The British Fashion Council has linked up with the Camera Nazionale della Moda Italiana to bring a team of burgeoning young British talent to the next Milan menswear season in January, in a rare display of unity.
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.
Polish multi-brand fashion retail giant LPP is stalling any thoughts of expansion for its Reserved chain in Britain for now as the economy remains unclear, despite its Oxford Street store being its top performer.
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.