The New York-based apparel group behind DKNY, Donna Karan and Vilebrequin saw net sales rise 16% in Q1 2019, hitting a first quarter record of $611.7 million, compared to $529.0 million in the prior year period.
RetailerJoe Browns said Tuesday that its first-ever physical store has “opened the door for new opportunities” and has seen more than £1.25 million worth of sales in its first seven months of trading.
The value segment once again held back the Mahwah, New Jersey-based womenswear retailer’s performance with falling comparable sales in Q3 2018, as the company continues to implement cost-cutting measures.
International growth and “outstanding online momentum” fuelled fashion retailer Quiz in the year to March 31 as it enjoyed a further impressive performance with just about every measure rising in high double-digits.
Microsoft Corp said on Monday it would buy privately held coding website GitHub Inc for $7.5 billion in an all-stock deal to beef up its cloud computing business and challenge market leader Amazon.com Inc.
Walmart said on Monday that it has sold an 80 percent stake in its Brazilian operations to private equity firm Advent International, exiting an underperforming business in its third major international deal since April.