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Egypt's Kabo posts wider first-quarter net loss.
Egyptian garment marker El Nasr Clothing & Textiles Co (Kabo) reported a wider net loss for the first quarter, the bourse said on Tuesday.
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H&M same-store sales fall 1% in November.
Fast fashion retailer H&M has posted a 1% drop in November same-store sales, after consumer spending continues to be hurt by economic worries and warm weather.
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Nike Q2 profit edges up as margins shrink.
Athletic apparel giant Nike posted a narrow increase in second quarter profit, as a double-digit surge in revenues was offset by falling margins.
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American Eagle steps into Jordan, Morocco and Egypt.
Young men’s and women’s apparel retailer American Eagle Outfitters Inc is continuing its international expansion in three new markets, with stores now open in Jordan, Morocco and Egypt.
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American Eagle Q3 profit soars 87.3%.
Young men’s and women’s apparel retailer American Eagle Outfitters has seen its third-quarter profit climb 87.3% as the company recorded strong sales growth over the period.
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Gap opens Hong Kong flagship, eyes China growth.
Gap will open its first flagship store in Hong Kong as part of ongoing plans to expand the international reach of its brands — and aims to triple its stores in China by the end of its next financial y...
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Egypt will not terminate QIZ export agreement to US
Egypt announced that it would not end the Qualified Industrial Zones (QIZ). Minister of Trade and Industry Mahmoud Eissa told reporters that to cancel the export program would be detrimental to Egypt’...
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H&M same-store sales fall 2% in October.
Fashion retailer H&M has posted a 2% drop in October same-store sales, after consumer spending continues to be hurt by economic worries and warm weather.
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Global growth lifts Burberry first-half profit by 41%.
Burberry has reported a 41% hike in first-half net profit, helped by strong sales growth and international expansion.
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Egypt's Alcotexa sells 3,994 tons of cotton in two weeks.
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 3,994 tonnes of cotton in the two-week period that ended on November 12, an Alcotexa official said on Monday.
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Adidas bullish after Q3 profit rises 14%.
Athletic wear giant Adidas is set for a record year after third quarter profit rose 14% on an 8% revenue increase, with margins holding up thanks to increased retail sales.
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UK: Ralph Lauren shares fall on H1 results.
Shares in Ralph Lauren took a dive today as the apparel brand saw first-half gross margin hit by higher input costs.
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Egypt's Oriental Weavers sees 5-6 pct profit growth in 2012
Egypt's Oriental Weavers
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United States: Apparel prices fall in September.
The rate of US consumer price inflation slowed in September according to new government figures, helped by falling apparel prices.
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H&M same-store sales fall 7% in September.
Fast-fashion retailer H&M has posted a 7% drop in September same-store sales, after consumer spending was hurt by economic worries and warm weather.
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EGYPT: Marks & Spencer opens it's 2nd store in Egypt.
M&S has opened its second store in Egypt, located inside Citystars.
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Egypt's Alcotexa sells 2,757 Tons of cotton in the past week.
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 2,757 tonnes of cotton in the week that ended on October 15, an Alcotexa official told Reuters on Sunday.
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UK: Burberry’s first-half sales surge up 30%
Luxury company Burberry Group has posted a 30% underlying sales rise in the first half of the fiscal year, boosted by undiminished demand in flagship and emerging markets.
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Levi’s Q3 profit up despite margin squeeze.
Levi Strauss & Co has posted a double-digit rise in third quarter net profit, thanks to continued revenue growth for its core Levi’s brand.
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USA: Gap to close nearly 200 stores by 2013.
Gap Inc. announced at its annual investor meeting this afternoon that it would be closing some of its North American Gap brand stores and shrinking the size of its Old Navy stores, but keeping the sam...