Swedish fashion retailer Hennes & Mauritz posted an unexpected 3 percent drop at established stores in October, blaming weak sales in some of its major markets on the global downturn and knocking its shares.
Mona Purdy, a Chicago hairdresser, has seen what a pair of used shoes can do to change the lives of poor children.
Shares of youth apparel retailer rue21 Inc rose in their debut on the Nasdaq, opening 26.3 percent over its initial public offering and putting the company on pace for one of the biggest first-day performances of an IPO this year.
Italian sunglass maker Safilo, which produces fashion items for Dior, Gucci and Giorgio Armani, warned that a rescue recapitalisation by a Dutch fund might fall through.
Italian clothing retailer Benetton Group SpA turned in a higher third-quarter net profit as deferred sales boosted revenues and said it expected to lower its rising debt by the end of the year.
Italian luxury shoe and bag maker Tod's reported a flat core profit for the first nine months of the year as its sales edged up.
K-Swiss Inc, a maker of athletic shoes, said its board approved a new $70 million repurchase program for Class A shares, replacing its existing buyback plan that expires by year-end.
Intimate apparel maker Maidenform Brands Inc posted a third-quarter profit that beat estimates, helped by strong sales of its shapewear products, and forecast fourth-quarter earnings in a range, the mid-point of which was below Wall Street's expectations.
Watchmaker Fossil Inc reported a third-quarter profit that outpaced market expectations and its own forecast, buoyed by stronger sales at company-owned stores and at its domestic wholesale watch business, and raised it fourth-quarter outlook.
Fragrance maker Inter Parfums Inc posted a better-than-expected third-quarter profit, helped by strong sales of the Burberry brand and foreign exchange hedging activities, and raised its full-year 2009 forecast.
Shares in Escada rise more than 158 percent, making the shares the top gainer in the German stock universe as traders pointed to continued interest in the stock after the daughter in law of Indian steel magnate Lakshmi Mittal said she was buying the insolvent company's assets.
Shares of Revlon Inc jumped 28 percent to a new year-high after the cosmetics maker said its consumer products unit received lender consents to amend its bank term-loan and revolver credit agreements.
Puma expects the rest of the year to remain tough as consumers continue to drag their feet on spending, but the German sports goods maker is hoping for a boost from the soccer World Cup next year.
Sales in Asia helped boost French luxury group Hermes in the third quarter, the company said, reporting an overall 10-percent rise in sales to 452 million euros (672 million dollars).
Crocs Inc reported a surprise quarterly profit on cost cuts, but forecast what may be a deeper than expected loss in the current quarter, and its shares fell 10 percent.
