Victoria's Secret & Co. announced on Wednesday revenues for the third quarter fell 9% to $1.318 billion, on the back of a double-digit decline in comparable store sales, partially offset by growth internationally.
PVH Corp. announced on Wednesday that revenues for the third quarter exceeded expectations, with the company clocking strong gains in North America for both Calvin Klein and Tommy Hilfiger, offsetting declines overseas.
Scaled down compared to pre-Covid editions but with broader international participation, the Mapic trade show is still a magnet for commercial real estate players, from retailers to property developers.
La Perla Global Management (UK) and ISA SpA have announced the signing of a new license agreement for the development, manufacturing, and worldwide distribution of women’s swimwear products for the La Perla brand.
The Madrid-based company is launching its first collection in the metaverse, in collaboration with Playoffnations and AlterHeaven, available until December 18, on the Roblox and Decentraland platforms.
Abercrombie & Fitch Co said on Tuesday it was “cautiously optimistic” about the holiday season and forecast a smaller-than-expected drop in current-quarter sales after resilient demand led to a surprise quarterly profit.
American Eagle Outfitters Inc on Tuesday beat Wall Street estimates for quarterly revenue, as shoppers returned to work and social events post-pandemic lifting spending on its jeans and dresses despite rising inflation.