Fashion lovers send sales of sportswear soaring
The sportswear market is set to soar to a record high of £7bn in 2016, up 7% year on year. This growth, however,
Yoox Net-a-Porter sales up 16% in H1 2016
The Yoox Net-a-Porter Group has posted first half sales up almost 16% at €897m, helped by a particularly strong performance from its “Off-Season” business. Adjusted
Next posts 0.3% sales increase and warns of price rises next...
High street stalwart Next has posted sales up 0.3% in the second quarter (ending 30 July) and has warned that customers should expect
Amazon has another record-breaking quarter
Ecommerce giant Amazon has posted its third successive quarter of record breaking results beating analysts’ expectations. Sales in the second quarter leapt by
Christian Dior posts full-year sales up 8%
Christian Dior has posted revenue up 8% to €38bn for the year ending 30 June 2016. Profit from recurring operations was also up
Gucci, YSL and Puma star performers as Kering posts Q2 results
Luxury group Kering posted better than expected Q2 figures today with Gucci, Yves Saint Laurent and Puma cited as star performers of the
ANALYSIS: LVMH – good news and bad in first half
The luxury sector is being closely watched at the moment for any signs of a recovery, or even of a further downturn. And
LVMH confirms sale of Donna Karan to G-III
LVMH has confirmed last week’s rumours by selling Donna Karan International, which includes the DKNY label, to American manufacturer and license holder G-III in
Isabel Marant sells majority stake to Montefiore Investment
Investment fund Montefiore Investment has acquired a 51% stake in French premium womenswear brand Isabel Marant and will look to expand it into
LVMH reported to be planning sale of DKNY
Luxury conglomerate LVMH is said to be targeting a specific buyer to purchase DKNY, a year after its founder Donna Karan stepped away
Belstaff puts brakes on IPO after Brexit vote
Belstaff has put plans to float on ice following Britain’s vote to leave the EU. The motorcycle heritage brand had moved its operations
European consumers more concerned about Brexit than British
Consumers in Spain, Italy and Poland are more concerned about the effect Brexit will have on their economy than British consumers are, according