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Christopher & Banks expects 4.5% sales rise in fourth quarter
The Minneapolis-based womenswear retailer reported its preliminary fourth-quarter financial results on Thursday, announcing that it expects to see a moderate sales rise, as well as improvements in gross margin.
today
Fashion
Business
Columbia reports disrupted sales and supply chain operations due to coronavirus
After Columbia temporarily closed many of its China stores, the group has announced that the outbreak has impacted sales in its Asia-direct business and caused a slowdown in its supply chain and distribution.
today
Fashion
Industry
Chico's FAS narrows fourth-quarter loss; comps up 2%
The women’s fashion retailer managed a significant cut in its losses in Q4, as its Soma lingerie brand continued to lead sales growth and the company made further progress with its strategic initiatives.
today
Fashion
Business
Esprit downsizes, reduces losses in H1 2019-20
In H1 of the 2019-20 financial year, closed last December, sales for the German fashion group fell by 11.8%, while its total retail area shrank by 14.8%.
today
Fashion
Business
Trade shows
Baselworld watch fair cancelled over coronavirus fears
The organisers of Baselworld, one of the world's biggest watch fairs, said Friday they would cancel the 2020 event after the Swiss government banned mass assemblies over the spread of the deadly new coronavirus.
today
Luxury
Trade shows
Kingpins joins Conscious Fashion Campaign in collaboration with U.N. Office for Partnerships
As an official partner, Kingpins announced that it has committed to promoting and supporting the Conscious Fashion Campaign's goals within the denim industry at its global events.
today
Fashion
Industry
Milan Furniture Fair postponed to June due to coronavirus emergency
The 59th edition of the furniture show, scheduled in April with 2,200 exhibitors, has been postponed to June, reportedly causing a €120 million impact on business, due also to a shortfall of 30,000 Chinese visitors.
today
Lifestyle
Trade shows
Geneva watch expo cancelled over coronavirus
The organiser of Geneva's international expo of fine watches said Thursday it had decided to cancel the April event because of the spread of the deadly new coronavirus.
today
Luxury
Trade shows