Moss Bros sales rose but its profits fell in its latest year and its previously-flagged supply issues have dented the start of its new year too. But it says the prospects are brighter, despite a profits warning.
The predictive marketing specialist, which recently closed on an $18 million funding round, has unveiled a new generation of its Campaign Intelligence solution, as well as its ambitions for Europe and North America.
As Alibaba's founders announce their investment in Rent the Runway and Kering plans to test a new subscription system, the luxury industry is preparing to respond to a new consumption mode that heralds a revolution.
By exploring new creative directions at Dior, Louis Vuitton and Céline with three important appointments, the luxury group has deftly reshuffled its hand and is now betting on menswear, sportswear and digital.
Nike has dominated Brand Finance's most valuable apparel brand ranking in 2018, followed by giants H&M and Zara and Adidas, with luxury labels Hermès, Louis Vuitton, Gucci and Cartier all trailing close behind.
Swedish fashion retailer KappAhl reported its half-year results on Friday and they didn’t make happy reading. Bad weather, heavy discounts and collections that didn’t prove as popular as hoped all dented its figures.
Next has been facing tough times and its annual results on Friday illustrated that very clearly. It expects those tough times to continue but total sales for the current financial year are predicted to rise 1%.