Ralph Lauren Q1 loss reaches 128 million dollars, sales down 66 percent
Ralph Lauren reported net loss in the first quarter of 128 million dollars or loss of 1.75 dollars per diluted share on a reported basis. On an adjusted basis, net loss was 133 million dollars or loss of 1.82 dollars per diluted share. This compares to net income of 117 million dollars or 1.47 dollars per diluted share on a reported basis, and...
2 hours ago
Calvin Klein Fragrances returns to supermodel roots with new campaign
Over thirty years ago Calvin Klein launched its now legacy Eternity fragrance with Christy Turlington as its face. The scent was an overnight success and swiftly entered the fragrance hall of fame. Three decades later the perfume is having a renaissance, as Coty the license holder and Calvin Klein parent company PVH release Eternity’s latest...
3 hours ago
Project Plan B urges PPE industry to consider Covid-19 environmental crisis
Plymouth-based Project Plan B is calling on designers, product developers and the PPE and workwear industry to consider the environmental impact of their garments and think about products’ end of working life, which has become more apparent due to the coronavirus pandemic. Nearly 90 percent of UK workwear already ends up in landfill or...
4 hours ago
Mango hails quick sales recovery in key European markets
Mango has said some of its key European markets are recovering quickly and are “very close” to reaching the pre-Covid-19 levels of the first quarter of 2019, its year of record sales. The Spanish fashion retailer hailed its online channel as “key” to its recovery, with sales up more than 50 percent between March and June. In the first quarter,...
6 hours ago
RTW Retailwinds sells ecommerce business to Sunrise Brands
RTW Retailwinds, Inc. has announced an asset purchase agreement with Sunrise Brands, LLC for the sale of its e-commerce business and all related intellectual property, including its websites, Nyandcompany.com, Fashiontofigure.com and its rental subscription businesses Nyandcompanycloset.com and Fashiontofigurecloset.com for a cash purchase price...
1 hour ago
Eyewear brand ZooBug signs licensing deal
Children’s eyewear brand ZooBug has announced a long-term global licensing agreement with GLBL EYEWEAR Group to expand its reach globally. London-based ZooBug has premiered at London’s Premier Global Kids Fashion Week, Mini Mode, and won awards for its child-friendly designed frames, including the SILMO d’Or, the British Junior Design Award for...
4 hours ago