
Swatch Group, the world's largest watchmaker, struck an optimistic note for the rest of 2010 after record sales and soaring profit in the first half.
Swatch Group, the world's largest watchmaker, struck an optimistic note for the rest of 2010 after record sales and soaring profit in the first half.
Next, Britain's No.2 fashion retailer, reported a marked slowdown in consumer spending and said strong online sales would help it to meet profit expectations in a tougher second half.
Adidas, the world's No.2 sporting goods maker after Nike, raised its outlook on Wednesday after the World Cup football tournament helped boost retail sales by 20 percent in the first half of the year.
Cartier has sued the online "flash sale" retailer HauteLook, accusing it of damaging the luxury goods maker's brand by selling damaged and second-hand Cartier merchandise without permission.
Italian fashion house Prada posted a 29 percent rise in first-half revenues on Wednesday, driven by strong retail sales in Asia, the United States and Europe.
Coach Inc reported better-than-expected quarterly sales and earnings on Tuesday as the U.S. leather goods maker saw North American demand continue to pick up and sales in China rise.
Jones Apparel Group Inc reported better-than-expected quarterly earnings as the company benefited from a pickup in orders from department stores, solid jeans sales and less discounting, sending its shares up more than 5 percent.
Italian jeweller Bulgari SpA said on Thursday it may beat its revenue growth forecast in 2010 if recovery continues, after returning to profit in the second quarter.
Hugo Boss sees 2010 as a challenging year in spite of the global luxury goods recovery as demand in Europe, where it makes the bulk of sales, remains subdued, the German fashion house said on Thursday.
SKECHERS USA, Inc, global leader in lifestyle footwear, announced on Friday financial results for the second quarter ended June 30, 2010. Net sales reached over $500 million, a first in its 18-year history.
The Puma brings out its claws. While the difficult market conditions have been slowing projects down until now, the feline brand announces its ambitions. The supplier will present in late October its plan: "Phase IV Revisited" for its activity 2011-2015.
German high-end fashion firm Hugo Boss balances drastic sales decreases in some European countries with more positive results overseas.
Higher prices and strong sales for do-it-yourself beauty products helped Avon and Sally's post better-than-expected earnings and send shares higher.
Geox is panting half-way already. During the first semester this year, the italian brand had registered circa 435 million euros, thereby collecting a profit (before taxes and interest) of 59 million euros.
The Christian Dior Group recorded an increased revenue of 16%. Organic growth stood at 14%. The Group performed particularly well in Asia, the United States and Europe.