Canada Goose Holdings Inc reported quarterly earnings above Wall Street estimates on Wednesday, lifted by higher orders from department stores for its parkas and jackets, sending its U.S.-listed share up 8%.
Recently listed fashion e-tailer Global Fashion Group reported Q3 results on Wednesday and said it delivered its strongest growth in net merchandise value (NMV) of the year during the past three months.
The Italian luxury label recorded sales of €459.2 million in the first 9 months of the year, driven by exports at a sustained pace that is expected to continue for the rest of the year, yielding a growth of about 9%.
It’s always interesting to see how the owners of UK shopping centres are faring, especially in an environment in which footfall to such centres is dropping and many stores are exiting leases on the back of CVAs.
New Look's H1 results showed sales falling but smaller losses with improved Q2 performance. The company’s leadership team thinks it's on the right track and its CEO said "all is to play for as we enter peak trading".
German chemical and consumer goods company Henkel announced on Monday that it has signed an agreement to acquire NYC-based Deva Parent Holdings, owner of high-growth specialist professional haircare brand DevaCurl.