Burberry Takes Advantage of Currency Changes as Sales Rise 9%

Sunglasses from The Gabardine Collection, inspired by Burberry's trench coat fabric

London—Thanks to pricing adjustments to counteract the effects of currency fluctuations and strong sales of its raincoats and … [Read more...]

Prada 2014 Profit Drops by Nearly 30% on Weaker Sales

The third chapter of Prada The Iconoclasts was inaugurated during Paris Fashion Week at Prada Faubourg Saint-Honoré store. "Worldwide known costume designer Milena Canonero, four times Oscar winner - reinterpreted the visual identity of the store through the Feng Shui philosophy"

Milan—Stung by weaker sales in Asia, Prada today reported its net profit dropped 28% last year.As has been reported by other … [Read more...]

Belk Q4 Profit Rises on Strong Holiday Sales

belk logo

Charlotte, NC—Belk Inc. posted an 8.4% rise in its fourth quarter profit aided by a big increase in its holiday sales.For the … [Read more...]

Lulelemon Q4 Profit Up as Sales Surge, but Outlook Disappoints

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Vancouver--Lululemon Athletica Inc. said its fourth quarter income rose as sales surged 16% from a  year ago, reflecting what the … [Read more...]

SEC Begins Formal Investigation into Ex-CEO Dov Charney

Dov Charney, found and controversial leader at American Apparel

Los Angeles--The Securities and Exchange Commission (SEC) has launched a formal investigation into the conduct of Dov Charney, … [Read more...]

PVH Swings into Q4 Profit, But Gives Lackluster Forecast

A look at Spring 2015 eyewear, as featured in the Calvin Klein Collection advertising campaign with models Vanessa Axente and Clark Bockelman.

New York—PVH Corp said Wednesday that it swung into a fourth quarter profit helped by increases at its Tommy Hilfiger and Calvin … [Read more...]

Hermès 2014 Net Profit Surges, “Easily Tops the Mark of Luxury Peers”

hermes

Paris—Hermès International’s strategy of pursuing the uppermost reaches of the affluent market has paid off again for the luxury … [Read more...]

Christopher & Banks Q4 Shows Improvement Despite Earnings Miss

Spring Look at Christopher & Banks

Plymouth, MN—Despite a decline in its sales, Christopher & Banks Corp. reported Tuesday that it swung into a fourth quarter … [Read more...]

H&M Q1 Profits Jump, 400 New Stores to be Added This Year

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Stockholm—H&M, the world's second-biggest fashion retailer, reported today a better than expected first quarter pretax profit. … [Read more...]

Game Changers: NPD’s Marshal Cohen on the Next Big Thing

Marshal Cohen, chief analyst, The NPD Group, Inc.

2014 ended with a good news/bad news sort of holiday season. Sure sales were up and mostly in line with forecasts. Online sales … [Read more...]

G-III Q4 Profit Jumps Nearly 60%

Fall '15 Photo Shoot for G.H. Bass

New York—G-III Apparel Group reported today that its fourth quarter profit jumped 58% and an 8.8% rise in sales. While the profit … [Read more...]

Tiffany Q4 Sales Fall for First Time in 5 Years

Tiffany

New York—Tiffany & Co. today reported that its fourth quarter sales fell for the first time in five years. While the luxury … [Read more...]