OTB, the holding company of Italian fashion billionaire Renzo Rosso, quadrupled its Earnings Before Interest and Tax (EBIT) to €21.5 million in 2017. Though total group revenue slid 2.4 percent over the same 12 months.
China’s competition authorities may ask for minor restrictions before clearing a merger between Italian eyewear group Luxottica and French lens manufacturer Essilor, Luxottica chairman said.
Matt Smith is leaving the department store chain to take up the position of finance director at Selfridges. The announcement follows disappointing interim results on Thursday.
The British label has added to its range by introducing a collection of eyeglasses and sunglasses, after signing a design, production and distribution deal with Swedish producer Ego Eyewear.
The clothing brand is bringing its first UK prototype store, with a smaller format and more personalised features, to Manchester’s Intu Trafford Centre this August.
The Miami-based apparel company announced on Monday that it has signed a licensing agreement with Taesok Optical Co. for the production of Perry Ellis Portfolio branded eyewear to be distributed in South Korea.
The fashion retailer selling cult menswear brands has been named as one of the fastest-growing companies in the UK after seeing profits soar by 139%. It is planning to open a flagship store in London’s Soho this year.
Italian eyewear group Marcolin has created Marcolin Mexico, a joint-venture company with Mexican distributor Moendi. Marcolin has a 51% stake in the new company, based in Naucalpan, Mexico.
The French brand's American ambitions take shape in a limited-edition collection of 13 pieces featuring a summery, colorful vibe, created with Brendon Babenzien's NYC-based label.
Clothing brand Boohoo saw its shares slump to their lowest level in 13 months on Wednesday after market analysts warned that its growth rate might be unsustainable.
The Commerce, California-based apparel company announced on Tuesday the largest expansion in Robert Graham’s history, involving new licenses for eyewear, footwear, home furnishings and loungewear.
The Inditex brand has opened a 5,200 sq ft store located on the Upper Grand Arcade at St David’s in Cardiff. The store takes the total number of Stradivarius stores in the UK to five.
The American retailer reported a total revenue decrease of 2 percent to $2.37 billon for the full-year ended February 3, 2018, despite strong Madewell sales.
Canadian department store operator Hudson's Bay Co on Wednesday posted its first profit in eight quarters, but missed expectations as a tough retail environment ate into comparable sales and margins.
Online jewelry and accessories retailer Brandfield announced today that it has taken over four former Watch! branches in the Netherlands as the brand aims to extend its omni-channel strategy.