Archive by category: FinanceReturn

Imprima Acquires City Prints & Premier Fabrics

IMPRIMA S.p.A. has acquired  City Prints and sister company Premier Fabrics, both American companies specialised in printed textiles. Imprima, controlled by Wise SGR through the Italian private equity fund Wisequity, now strengthens its strategic positioning, consolidating its global presence as a leading player in the field of printing and textile finishing for international retailers and fashion brands. City Prints and Premier Fabrics, founded in 1997 and headquartered in New Yo...
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J. Crew Q3 Sales Down 12%, Madewell Sales Rise 22%

J. Crew continues to miss the mark with consumers, while sister brand Madewell has found a retail sweet spot with trendy, young shoppers.Third Quarter highlights: Total revenues decreased 5% to $566.7 million. Comparable company sales decreased 9% following a decrease of 8% in the third quarter last year. J.Crew sales decreased 12% to $430.4 million. J.Crew comparable sales decreased 12% following a decrease of 9% in the third quarter last year. Madewell sales increased 22% to $107.5 million. ...
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