French Connection said it's making progress and will be profitable again by year-end. But in H1, sales fell and it remained loss-making, despite wholesale in the UK, Europe and US firing on all cylinders.
Retail sales in Russia rose more than expected in August, suggesting a tepid economic recovery is underway, but real wage growth was slightly lower than forecast and agricultural output tumbled, data showed on Wednesday.
Moncler’s third quarter of the year is “going well” and the company’s new monthly collection strategy dubbed “Genius” is performing above expectations, the CEO and Chairman of the luxury outerwear group said Wednesday.
The Italian brand, best known for its iconic down jackets, has announced the opening of its newly relocated NYC boutique, which has moved a few doors up from its previous location on SoHo’s Prince Street.