The Kearney, Nebraska-based apparel retailer has reported continued sales declines in Q1 2018, partially offset by positive growth in its e-commerce business, but still managed to post a 12.3% increase in earnings.
Spanish brand Bimba y Lola has posted double-digit revenue growth ahead of a possible sale to investment fund Permira. The brand ended 2017 with revenue of 180.8 million euros, up 18.5% against the previous year.
After news that its CEO has been poached by Dr Martens, textiles-to-fashion-to-homewares company Cath Kidston has quickly found a replacement with American Melinda Paraie to join the British company next month.
South African clothing and homeware retailer The Foschini Group (TFG) on Thursday reported a smaller than expected rise in full-year earnings, hurt by higher expenses, sending its shares down as much as 4.8 percent.
Apparel retailer Gap Inc reported quarterly same-store sales on Thursday that missed analysts’ estimates as its namesake brand struggled to clear excess inventory in a quarter marred by an unusually long winter.