Canadian Tire is buying Helly Hansen with the firm saying it’s adding “a global brand and a leader in sportswear that professionals use and trust.” It’s paying C$985m for the firm that also includes UK brand Musto.
Department store chain House of Fraser’s new majority owner has a major challenge ahead as it battles to bring the retailer back to health with Thursday seeing HoF posting a shock almost-£44 million loss for 2017.
Safilo's performance improved in the first quarter, despite weather that was not very conducive to sunglass sales in many of its key markets. But while Europe and Asia were strong, North America remains a problem.
Next looked strong online during Q1 and although its stores continued to struggle, recent mini heatwaves do appear to have provided a boost to its overall revenue figures.
Superdry powered ahead again in its latest year but Q4 proved challenging on the store front as snow kept shoppers at home. Yet the company remains in robust good health with more strong growth forecast this year.
The NYC-based consumer brands group has reported revenues of $38.1 million and a net loss of $2.3 million in the first quarter ended March 31, 2018.
Etsy continued to see revenues climb for the third consecutive quarter, prompting the online marketplace to raise its full-year guidance on Tuesday.
Italian luxury group Tod’s like-for-like sales should improve in the second quarter of the year and turn positive starting from the second half, its Chief Financial Officer Emilio Macellari said on Wednesday.
Online luxury retail giant Yoox Net-a-Porter (YNAP) is on track to be de-listed following the end of a takeover offer launched by Cartier owner Richemont.
It looks like times were tough for Japanese sports giant Asics during Q1 as the company’s consolidated net sales and profits were down. But at least the percentage profits fall was less than the sales drop.
Like the whole French apparel sector, event sales website ShowroomPrivé had a troubled start to the year, its revenue slumping by 1.9% in the first quarter 2018.
Collaborations and Paris Fashion Week helped to boost Marimekko in Q1 and the Asia-Pacific region continued to offer its biggest growth potential.
The revenue of Lenzing Group in the first quarter of fiscal 2018 decreased 6.1 per cent, from the prior-year quarter to €550.3 million. This drop is mainly attributable to less favourable currency exchange rates.
Dutch department store chain Hema could be sold to Belgium’s Core Equity Holdings, according to Dutch media reports. The retailer has been up for sale since September.
Dutch design duo Spijkers en Spijkers is about to debut their first brand store. The space, which will be located in Arnhem’s city center, will open during the city’s Fashion + Design festival.