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Business

Gap's quarterly profit beats; Old Navy to exit China as spin-off continues

Gap's quarterly profit beats; Old Navy to exit China as spin-off continues

Apparel retailer Gap Inc nudged past tempered quarterly profit expectations and reiterated its plan to separate Old Navy from the namesake brand ahead of Old Navy's China exit in 2020.
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Ready-to-wear
Retail
Nordstrom beats grim retail landscape, lifts 2019 forecast

Nordstrom beats grim retail landscape, lifts 2019 forecast

Nordstrom Inc raised its 2019 forecast unlike many competitors and reported third-quarter profit above Wall Street expectations on Thursday, sending the retailer’s shares up about 10% in extended trading.
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Miscellaneous
Business

Interparfums predicts revenues of 500 million euros in 2020

The international fragrance company responsible for the perfume offerings of brands including Montblanc, Jimmy Choo and Coach, expects to report revenues of 500 million euros ($554 million) in 2020, up 4.2% from 2019. 
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Perfume
Business

L Brands posts widening losses, confirms cancelation of Victoria’s Secret Fashion Show

The Columbus, Ohio-based fashion retailer announced declining sales and widening losses for the third quarter on Wednesday, and has now confirmed that this year’s Victoria’s Secret Fashion Show will not be taking place.
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Lingerie
Catwalks

Trade shows

Moda prioritises community feeling with launch of 'neighbourhoods'

Moda prioritises community feeling with launch of 'neighbourhoods'

The next edition of Moda, taking place on 23-25 February, will see the fashion trade show’s floorplan replace sectors with ‘neighbourhoods’ in an effort to strengthen its sense of community.
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Ready-to-wear
Trade shows
White shirts created in honor of Karl Lagerfeld will be on show at Pitti Uomo

White shirts created in honor of Karl Lagerfeld will be on show at Pitti Uomo

Officially presented last September, the collection "A Tribute to Karl: The White Shirt Project" will take pride of place at the next Pitti Immagine Uomo fashion industry show.
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Ready-to-wear
Trade shows

Pitti Uomo to focus on cutting-edge fashion with Stefano Pilati and Telfar Clemens

The designers of Italian label Random Identities and American label Telfar will bring their respective visions of contemporary fashion to Florentine menswear show Pitti Uomo on January 9.
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Ready-to-wear
Trade shows

United Nations, CFDA to talk sustainability at Kingpins New York

Part of Kingpins’ plan to bring an ethical focus its tradeshows worldwide, all panels of the upcoming New York show will focus on social and environmental issues related to the future of the denim industry. 
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Denim
Industry