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Management


RALPH LAUREN'S Q2 REVENUE GROWTH BEATS EXPECTATIONS

Ralph Lauren Corporation reported earnings per diluted share of 2.18 dollars on
a reported basis and 2.23 dollars on an adjusted basis for the second quarter
compared to 2.57 dollars on a reported basis and 2.62 dollars on an adjusted
basis, for the same quarter of fiscal 2022. In the second quarter, revenue
increased by 5 percent to 1.6 billion...

1 hour ago

Management


COACH PARENT TAPESTRY EXPECTS CURRENCY HEADWINDS TO IMPACT FY23 RESULTS

For its first quarter Tapestry, Inc., parent to Coach, Kate Spade, and Stuart
Weitzman, reported net sales of 1.51 billion dollars, an increase of
approximately 2 percent. The company said, excluding a 370 basis point headwind
from currency due to the appreciation of the U.S. dollar revenue rose over 5
percent versus last year. Gross profit...

2 hours ago

Fashion


FINLAND IS CROWNED EUROPE'S MOST SUSTAINABLE SHOPPING COUNTRY

Finland is Europe’s most sustainable destination for shoppers according to new
research. The Northern European nation ranks the highest in a Sustainable
Development Report of all UN member states, scoring 86.51 out of a possible 100.
Research from Savoo measured the country’s recycling rate, consumption
footprint, waste per capita, and the...

3 hours ago

Retail


BLACK FRIDAY FORECAST EXPECTS BRITS TO SPEND 850 MILLION POUNDS LESS

Black Friday sales in the UK are expected to decrease by 850 million pounds, as
shoppers have tightened purse strings and are expected to spend 31 percent less.
Research from data comparison site Finders.com suggests the average shopper will
spend approximately 189 pounds versus 275 pounds last year. Liz Edwards,
editor-in-chief at finder.com,...

5 hours ago


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Fashion


PRETTYLITTLETHING LAUNCHES FIRST-EVER VINTAGE COLLECTION

PrettyLittleThing (PLT), part of the Boohoo Group, which launched its resale PLT
Marketplace app over the summer, have unveiled its first-ever vintage collection
with Love Island star and ambassador Indiyah Polack. The 108-piece vintage
collection is available exclusively on the PLT Marketplace app and features
pieces picked out by Indiyah that...

5 hours ago

Business


A COMPLETE GUIDE OF METAVERSE TERMS YOU NEED TO KNOW

Digital worlds and the metaverse are becoming increasingly hard to avoid, as
younger generations and their digitally-centred lifestyle begin to have further
influence over the way brands communicate with their audiences. As this
progression continues, more and more terms have been adopted and introduced to
describe the widening range of elements...

6 hours ago

Management


ALLBIRDS Q3 SALES UP, RETAINS FULL YEAR GUIDANCE

Net revenue at Allbirds increased 15.9 percent to 72.7 million dollars and
increased 53.8 percent compared to the third quarter of 2020. Adjusted net
revenue increased 15.1 percent to 72.2 million dollars. The company said in a
release that the increase in revenue is primarily attributable to an increase in
the number of orders, driven by retail...

6 hours ago

Management


REVOLUTION BEAUTY FOUNDER AND CEO EXITS AMID AUDIT INVESTIGATION

British Cosmetic group Revolution Beauty has announced its founder and CEO is
stepping down amid an ongoing audit investigation. The company said in a
statement Thursday that “as a result of the events since IPO and the transition
from a private company to a public company, founder and CEO Adam Minto has
resigned as a director of the group and...

7 hours ago




MORE NEWS

Fashion


OSPREY MAKES SIGNIFICANT PROGRESS IN SUSTAINABILITY EFFORTS

Osprey, a leader in creating top-quality, high-performance innovative carry
solutions is on track to become the most progressive, transparent and
sustainable hardgoods brand in the world. As full bluesign® Systems Partner,
Osprey has been able to reduce its impact by 30-40% by shifting to recycled
materials compared to using virgin material. The...

15 minutes ago


Business


JOHN LEWIS UNVEILS 2022 CHRISTMAS ADVERT HIGHLIGHTING FOSTER CARE

John Lewis has launched its most recent Christmas advert for 2022, in which it
has centred its storyline around spotlighting the importance of foster care. The
department store has become known for its highly anticipated, often emotional
television adverts, which tend to stick to heart-wrenching themes and charitable
causes. This year, John...

2 hours ago


Fashion |In Pictures


SAMSUNG TEAMS UP WITH MAISON MARGIELA TO REIMAGINE GALAXY Z FLIP4

Parisian haute couture house Maison Margiela is teaming up with Samsung to
reimagine the design of the consumer electronic company’s newest smartphone, the
Galaxy Z Flip4. Described as a “rule-breaking” collaboration, Samsung and Maison
Margiela have combined cutting-edge technology with haute couture to create a
limited-edition handset. Maison...

3 hours ago


Retail |In Pictures


KATE SPADE OPENS FESTIVE POP-UP IN LONDON

Kate Spade New York, the fashion accessory brand part of Tapestry, has opened an
experiential pop-up for the holiday season in London. Located at 59 Greek Street
in London, the festive pop-up will be open for four days, until November 13, and
has been designed as a visual expression of the brand’s holiday campaign,
complete with a secret disco...

3 hours ago












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