Deckers Brands reported earnings in its third quarter ended Dec. 31 rose 7.5 percent to $149.4 million, or $4.50, but missed its original guidance. Overall Ugg sales grew 6.5 percent but Ugg Classic styles declined due to a slow October and ...
Tags: casual boots, weather boots, Sporting Goods
US based apparel marketer Gap Inc said it will close its Piperlime brand, including the online platform and the only store in New York, by the end of the first quarter of fiscal year 2015. The Piperlime brand is by far the smallest of the ...
Visa Inc, the world's largest credit and debit card company, reported a better-than-expected quarterly profit on Thursday due to a good holiday season and a strengthening U.S. job market that encouraged people to spend. The company said ...
Tags: Visa, credit card, debit card
According to a new research report from the analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in China was 2.1 million in Q4-2014. Growing at a compound annual growth rate (CAGR) ...
Dematic Group, a supplier of integrated automated technology, software and services to optimise the supply chain said it has acquired FSU Investments and in turn SDI Group Europe. SDI Group Europe is a supplier of garment-on-hanger and ...
Globe Textiles (India) Pvt. Ltd. (GTIPL), an Ahmedabad-based leading manufacturer and exporter of fabrics and garments, will debut its famed denim collection at the Asia Apparel Expo 2015, to be held at Messe Berlin, Berlin, Germany from ...
Tags: jeans, textile products, Apparel
Less than four years after acquiring GSI Commerce for $2.4 billion, eBay Inc. announced Wednesday it was studying whether to spin off the business in IPO as part of a broadening restructuring. The company disclosed the plans in its ...
Tags: broadening restructuring, box retailers, Sporting Goods
The government says China's e-commerce transactions totaled 2.1 trillion US dollars in 2014. The spokesman of the commerce ministry says the number represents growth of 25 percent compared to 2013. China has the world's biggest online ...
Tags: e-commerce, online population
Dematic has launched a new Put Wall System to enhance online order fulfilment productivity and accuracy in Australian retail distribution centres. (A detailed description of the Put Wall System is provided at the end.) Functioning as an ...
Tags: E-Commerce Order, picks per operator, total picks, Service
Eurostop, the leading supplier to the fashion, footwear, and lifestyle sectors, entered into a partnership with MetaPack, a provider of ecommerce technology delivery services used by hundreds of retailers including 80 of the top 100 UK high ...
Spencer’s Retail, the flagship company of RP Sanjiv Goenka Group and a subsidiary of CESC, will be expanding its private labels, mostly in apparel. Speaking at a press conference to announce the launch of seventh hyperstore of ...
Tags: Labels, menswear, womenswear, kidswear, Apparel
Supporting some upbeat holiday forecasts, Zumiez and Pacific Sunwear of California both raised fourth-quarter guidance after reporting healthy comps in December. A few department stores also showed above-plan performances although both ...
Tags: hard goods, footwear, Sporting Goods
Total holiday retail sales, which include November and December sales, increased 4 percent to $616.1 billion, according to the U.S. Commerce Department. The results were just shy of the National Retail Federation's projected forecast of 4.1 ...
Tags: job market, gas prices, Sporting Goods
Etailer Snapdeal.com has signed a MoU with Footwear Design and Development Institute (FDDI) to provide ecommerce industry intelligence to FDDI design students. Snapdeal will impart training to students on e-commerce business and ...
Tags: leather goods, handbags, wallets, Apparel
Genesco Inc. announced that comparable sales, including both stores and direct sales, increased 10 percent for the quarter-to-date period ended Jan. 3, from the equivalent period last year. Same store sales increased 9 percent and sales ...