The Nelsonville, Ohio-based footwear and apparel company reported slight improvements in its revenues and earnings in the third quarter, with its retail channel, in particular, experiencing accelerated sales growth.
Chico’s FAS’ Soma brand posted a double-digit increase in comparable sales in the second quarter, as the Fort Myers, Florida-based apparel retail group reported falling sales and a net loss for the three-month period.
The American womenswear retail group announced on Thursday that it has implemented a new, more streamlined organizational structure, revealing a string of leadership appointments associated with the move.
Grupo Axo, which holds the license to distribute fashion brands including Victoria’s Secret, Nike and Calvin Klein in Mexico, has entered into various agreements to acquire ecommerce retailer Privalia Mexico.
London-listed tailoring specialist Bagir on Wednesday reported higher sales for the first five months of the year and also updated the markets on its delayed deal with Shandong Ruyi, which is still expected to go ahead.