Kering’s Half Year Profit Slides Due to Exited Businesses

Lady Buckle structured top-handle bag for fall from Gucci

Paris—Kering SA, parent to Gucci, today reported a steep decline in its first half profit as its luxury and sporting goods brands … [Read more...]

Skechers Swings into Q2 Profit with Improved Sales

Skechers' Twinkle Toes

Manhattan Beach, CA—Skechers USA reported Wednesday it swung back into second quarter profit, boosted by gains in international … [Read more...]

Puma Feels Pressure on Full Year as Q2 Results Lag

Puma Sky Wedges

Frankfort—While Puma still expects an increase in full-year net income compared to 2012, the athletic footwear maker today posted … [Read more...]

Expiring Trade Agreement Could Cost Jobs, Retailers Warn

U.S. Capitol

Arlington, VA–The Retail Industry Leaders Association (RILA) today joined the National Retail Federation (NRF) in urging the U.S. … [Read more...]

Iconix Q2 Sales, Earnings Rise, Beating Expectations

A campaign from Iconix' Material Girl collection

New York--Iconix Brand Group today reported that its second quarter profit was up 35% boosted by an increase in licensing … [Read more...]

Swatch Group Half Year Profit Up; Optimistic for 2nd Half


Zurich—Swatch Group, the world’s largest watch manufacturer, today reported that its first half profit increased more than 6% to … [Read more...]

Luxurygoods for Sale? At Sears Marketplace!

Sears Marketplace

Hoffman Estates, IL—When you’re looking to strike a bargain on a “gently used” Chanel bag, a pre-owed Rolex watch or a pair of … [Read more...]

Three Bidders Emerge for Saks Inc.; Deal Pending?

Saks Fifth Avenue's New York flagship, one of the prime retail locations in the world

New York—Shares of Saks Inc. rose in trading today as speculation escalated about potential rival suitors to buy the … [Read more...]

Vans, Nautica, Kipling Sales Help VF Corp into Q2 Increase

Teen actress Isabelle Fuhrman stars in VF's Kipling brand's back to school campaign

Greensboro, NC--VF Corp., owner of the more than 30 brands including The North Face, Timberland, Vans, and Nautica, today reported … [Read more...]

After Stronger-Than-Expected Q2, Hermés Headed to Another Record Year?

Hermes claimed victory this year in its long-running dispute with LVMH.

Paris—Buoyed by a 12% jump in its second quarter sales, Hermés said today that its full year revenue is well on its way achieving  … [Read more...]

NPD: Hispanic Women Now Account for Nearly 20% of Footwear Sales

Musician Carlos Santana has built a brand in footwear and accessories by catering to the Hispanic market

Port Washington, NY–There’s a major consumer segment that are representing an increasingly important segment of consuming buying … [Read more...]

AAFA Urges Congress to Pass Trade Bill to Aid U.S. Manufacturers

U.S. Capitol

Arlington, VA—The American Apparel & Footwear Association (AAFA) joined a chorus of U.S. trade groups today urging Congress to … [Read more...]