Niwot, Colorado-based Crocs Inc. announced on Thursday strong fourth-quarter results, despite the negative impact of store closures that continued during the three months as part of the shoe brand's transformation plan.
Gap Inc. has announced that it is splitting into two separate publicly traded companies as it aims to turn around its namesake brand with the help of a revitalized marketing strategy and widespread store closures.
Greece’s securities regulator on Thursday imposed fines worth 20.3 million euros on luxury jeweller Folli Follie and 10 former and current top executives, citing market manipulation over 2016 financial information.
The Seattle-based luxury department store chain announced mixed results for the fourth quarter of 2018 on Thursday, reporting higher than expected profits, while sales came in below Wall Street forecasts.
Farfetch's first set of results since its IPO showed sales soaring and even though the firm is still loss-making, its growth trajectory is continuing into 2019 as the global appetite for luxury fashion remains strong.
France’s Carrefour raised its savings goal and said it would step up plans to downsize its hypermarket stores, as Europe’s largest retailer delivered cost cuts of 1.05 billion euros in 2018 and a higher free cash flow.
Moncler is one of Italian fashion and luxury’s greatest success stories this century. FashionNetwork.com caught up with CEO Remo Ruffini in Milan for some insights into making Moncler a mega success and his future plans.