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The Executive Management of Hermès presented the audited accounts for 2013 to the supervisory board at its meeting on 19 March 2014, reflecting revenue of 3,755 million euros (5,194 million dollars), with an increase of 7.8 percent and 13 percent at constant exchange rates.
Terre d’Hermès continued its growth however following an exceptional year in 2012, watches with over 1 percent growth were affected by the slowdown in the Chinese market. Other Hermès sectors showed remarkable progression
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After the manufacturing tragedy in Bangladesh, global high street leaders are looking at alternative solutions to increase clothing production safety in developing countries as much as sourcing manufacturing closer to home. In America, Made in the USA is as much a retail issue as it is a political one. The American Apparel and Footwear Association, AAFA, has been promoting the Made in USA movement by providing more accessible resources to companies wishing to source their production closer to ho
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Lane Crawford, one of the world's most luxurious department store groups, has opened an expansive flagship in Chengdu, China. The 82,000 square foot space is located in the new Chendu International Finance Square, costing nearly 50 million dollars, and will house of 300 international brands, including mens and womenswear, shoes and accessories, beauty and home & lifestyle.
The latest opening brings its total to four on the mainland following the opening of a flagship in Shanghai in Octobe
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Just when you think spring is finally here, the weather gods pull another fast one on us. Looks like you'll have to keep your cold-weather gear around for a bit longer, but there are chic and easy ways to mix in those spring pieces you're dying to wear. So let's take a look at what the jet-setters over in Paris and Istanbul have to show us.
Yu Lee makes the most out of her winter camel coat by Ter et Bantine by layering it over a spring-y white sweater by American Vintage and an abstract pr
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Online marketplace eBay has introduced its Pinterest-like shoppable inspiration feature ‘eBay Collections’ as part of its new revamped UK website. The ‘Collections’ feature, which has been available in America since late last year, allows eBay shoppers to handpick items from the marketplace and group them into collections to create “visual stories”.
Similar to Pinterest, the new feature allows users to curate items they select into themes, to make it easier to watch and sell items, as well as
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American denim label Levi's has collaborated with Californian-based artist Jim Phillips for a spring 2014 capsule collection.
Phillips is best known for his iconic and bold Santa Cruz skateboard graphics, which he designed during the seventies and eighties for the skateboarding brand. His vivid designs have been used in a number of collaborations over the years, with brands such as Grenade Gloves, Puma, and SkullCandy.
The new collection from Levi's offers casual, street inspired wear, mix
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Japanese fashion retailer Uniqlo, which already operates in the UK, France and Russia, will open its latest ‘global flagship’ store in Berlin at Tauentzienstrasse 7 on April 11. The three-level, 2,700 square metre store will be Uniqlo’s largest in Europe and will house the brand’s full line of men’s, women’s and children’s clothing and accessories.
The store has been designed by Tokyo-based interior design firm, Wonderwall. As well as featuring high-tech installations, including monitors, LED
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British online fashion retailer Missguided has launched its first collaborative collection with artist Nicole Scherzinger.
The collection, known as Nicole x Missguided, is the artist's first fashion collection and was developed alongside with the online retailers in-house design team, of which Scherzinger has been a long time fan of.
The 30 piece collection features sports-inspired jumpsuits, cut-out dresses, biker pants and crop tops in a series of monochromatic colours as well as the col
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Aeffe FY 2013 consolidated revenues were 251.1 million euros (348.7 million dollars), compared to 254 million euros (352.6 million dollars) in FY 2012, up over 1.2 percent at constant exchange rates. Excluding the new license with Ungaro, revenues would have increased by 3.9 percent at constant exchange rates.
Revenues of the prêt-à-porter division amounted to 196.9 million euros (273.4 million dollars), up by 0.8 percent at constant exchange rates compared to 2012. Revenues of the footwear a
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Hugo Boss, releasing its sales and earnings results for fiscal year 2013 said that its group sales increased by 6 percent adjusted for currency effects. In the group's reporting currency, sales increased by 4 percent to 2,432 million euros (3,390.6 million dollars). For 2014, management projects high single-digit growth in currency-adjusted sales and earnings.
In the fourth quarter of 2013, sales adjusted for currency effects increased by 10 percent. In euro, this constitutes an increase of 7