Big-data powered C2M initiatives provide brands unprecedented understanding of Chinese market.…
Interparfums 2018 sales lift 8%, double-digit profit growth
Interparfums reported that total sales for the year 2018 increased 8%, prompting the French company to raise its annual revenue guidance for 2019.…
L Brands sees sales lift in 2018, profits dip
Victoria’s Secret parent company L Brands said sales for the year increased in 2018 despite decreasing comp sales at the company’s lingerie brand, which led to profits sliding.…
Moncler sees double-digit growth in 2018
Moncler reported a surge in global revenues for 2018, on the back of sales gains across all major markets, prompting a lift in profit at during the year.…
Diesel USA files for bankruptcy
The second-wave retail culling has claimed another victim: Diesel jeans.…
Retail report says holiday sales were disappointing
Shoppers did not spend as much as expected this past holiday season, according to a new report from the National Retail Federation.…
L’Oréal sales leap forward in 2018 on strong China demand
Cosmetics and beauty group L’Oréal said fiscal 2018 proved to be its best year of growth since 2007, with annual comparable accelerating after strong fourth-quarter sales increases, particularly…
Kering records close to 30% comp sales growth in 2018, Gucci and Saint Laurent soar
Luxury conglomerate Kering Group announced a stellar performance for 2018 with total revenues and comparable sales both recording double-digit percentage growth for the twelve-month period.…
Footasylum shares soar after JD Sports takes stake
Shares rose 58.6 percent after British retailer JD Sports said it had acquired an 8.3 percent stake.…
Is Generation Z truly different?
This new generation prioritizes personal experiences and online communities.…