J.Crew is all set to capitalize on the 21.4 billion dollars -size opportunity with the launch of a new, size-inclusive collection called Universal Standard for J.Crew. The new fashion line offers clothing in sizes ranging from XXS to 5X. Deborah Weinswig from Coresight Research highlights at ‘Forbes’ […]

Steinhoff has extended the “early bird fee” deadline for creditors to sign a three-year agreement to hold off their debt claims for the second time. The retailer is looking for ways to restructure its circa nine billion euro debt. Steinhoff saw how growing debt wiped more than 90 percent off its market […]

On July 16, 2018, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) submitted a proposal for the workers’ minimum wage to be set at 6,360 taka (about 75 dollars), which the Clean Clothes Campaign has criticized saying, not only does this amount not meet any living wage standard […]

The online fashion startup strengthens its marketing division with the acquisition of the company CuriosityChina, an agency specialized in amplifying premium and luxury brands through digital platforms in China. The London-based firm seeks to strengthen its commitment to new technologies while raising […]

VF Corporation, for its first quarter ended June 30, 2018, reported revenue increase of 23 percent or 21 percent in constant dollars to 2.8 billion dollars, including a 249 million dollars revenue contribution from the Williamson-Dickie, Icebreaker and Altra acquisitions. Excluding acquisitions, the […]

London-based luxury marketplace Farfetch has announced the acquisition of Chinese digital marketing agency CuriosityChina. The operation reflects Farfetch’s plans to boost its presence in the Chinese market even more, after JD.com invested 397 million US dollars in the company last year. "This acquisition […]

The Hermès Group said that its consolidated revenue amounted to 2,853 million euros (3,323 million dollars) in the first half of 2018, up 11 percent at constant exchange and 5 percent at current exchange rates. The company added that it witnessed strong store sales growth 11 percent at constant exchange […]

Performance lifestyle brands Hoka One One, Sanuk and Teva under Deckers Brands, have joined hands with Camber Outdoors as corporate partner. The company said that Camber Outdoors works with companies to accelerate equitable and inclusive workplaces so that a diversity of experiences and people drive […]

Kinnevik’s NAV increased by 3 percent to 96.4 billion Swedish krona (10.8 billion dollars), or 350 Swedish krona (39.3 dollars) per share, in the second quarter, which the company said, was driven mainly by a positive development in Zalando and Tele2. The value of its private assets increased slightly […]

American shoe maker Skechers said on Thursday its Q2 net profit for 2018 fell by 23.9 percent, while revenues increased by 10.6 percent from the same period last year. Hover over the graph to learn more. The company’s net profit for Q2 2018 was 45.3 million US dollars, down from 59.5 million US dollars […]

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