ANALYSIS New York - The American group of watches and accessories Fossil Inc. has just announced the sale of its technology for the manufacture of smartwatches to Google. As announced on Thursday evening via statement, the deal includes Fossil’s intellectual property and part of the research and development […]

VF Corporation’s revenues for its third quarter ended December 29, 2018 were up 8 percent or 10 percent in constant dollars to 3.9 billion dollars. Excluding acquisitions net of divestitures, the company said, revenue increased 7 percent or 9 percent in constant dollars, driven by VF’s largest brands, […]

London-based slipper brand Mahabis has been saved from administration by YYX Capital, the investment group co-headed by Simba Sleep founder James Cox. The acquisition, agreed with administrators KRE Corporate Recovery, has safeguarded the jobs of all Mahabis' staff. James Cox will take over as interim […]

For the year to March 25, 2018, Cath Kidston has reported EBITDA loss of 10.5 million pounds (13.5 million dollars), while operating loss for the period amounted to 19.6 million pounds (25.3 million dollars). The company, in its accounts filed with the Companies House UK, attributed the rise in losses […]

For the year to June 30, 2018, Ann Summers, retailer and wholesales of lingerie, apparel, adult toys and related products, reported revenue increase to 110 million pounds compared to 109 million pounds last year. However, it said in the filing with the Companies House UK that loss for the year was 3.1 […]

CEO INTERVIEWAmazon, Alibaba, Shopify and even Instagram have made it easier for starters to launch a niche fashion brand online. However, the “first mile” of the supply chain hasn’t changed much: the majority of fashion manufacturers still operate according to the traditional model, in which collections […]

ANALYSIS New York - The giant of affordable fashion has presented its quarterly results for the period spanning the 16 weeks ended on January, 5. The figures, which include Christmas sales, reflect an increase of 4 percent. The market has received the news with joy, sending the shares of Associated […]

Pre-tax profits at Lovehoney, the sexual wellbeing and online lingerie retailer, increased by 22 percent to 11 million pounds (14 million dollars) during the financial year 2017/18, which the company said, were driven by strong sales globally as the firm invested in international distribution and customer […]

Swedish financial tech firm Klarna has confirmed that American rapper, Snoop Dogg, aka Calvin Broadus, has become a minor shareholder in the company, which offers retailers including Asos and Missguided buy-now-pay-later services. “Snoop is not only a rap legend, but also a successful businessman, with […]

Announcing its results for the 18 weeks to January 5, 2019, N Brown Group Plc, said that total online power brand revenues increased by 6.4 percent during the period and that despite the highly promotional retail environment experienced during the period, the group is maintaining its product gross margin […]

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