Lululemon Athletica Inc is coming off two straight quarters of solid growth and is forging ahead with expansion plans that include a focus on menswear, a move that could breathe life into an ailing athleisure market.
Equistone Partners Europe, one of the continent’s major mid-market private equity investors, is buying a controlling stake in German multichannel streetwear and hip-hop retailer DefShop for an undisclosed sum.
In an interview with FashionNetwork.com, Thomas Bretscher, Country Manager for Northwest Europe at Tom Tailor, talks about the company’s new three-year plan and the restructuring of the wholesale business.
The Canadian yoga apparel maker said quarterly profit and sales topped expectations as online sales surged 30 percent thanks to an effort to beef up its e-commerce strategy, and the company raised its outlook.
Lands' End CEO Jerome Griffith is pleased with the retailer's second quarter performance that includes an increase in net revenues and same-store sales. Net loss for the quarter expands to $3.9 million from $2.0 million.
Genesco reported a decrease in net sales, flat comparable sales and a $3.9 million loss from continuing operations. The company now expects its full year adjusted diluted EPS to be in range of $3.35 and $3.65.