VF Corporation said on Friday its Q2 revenue for 2018 increased by 15 percent, while net income increased by 31.3 percent from the same period last year. The company’s sales in Q2 2018 were 3.9 billion US Dollars, up from 3.3 billion US Dollars a year earlier. Net income rose to 507 million US Dollars. […]

Italian fashion house Armani will stay independent, its founder and designer Giorgio Armani in an interview published Friday on business website Milano Finanza. "I have always believed that economic independence was the fundamental principle to work in full freedom," said Armani. The 84-year-old giant […]

Polyester is one of the most challenging fabrics to print on, but Japanese electronics company Epson is launching a direct-to-garment printer for companies working with 100 percent polyester apparel, such as activewear and faux leather. “To date, the direct-to-garment industry has been limited to printing […]

Perry Ellis International, Inc. announced that based on the vote tally from the special meeting held on Thursday, the company’s shareholders approved the proposed transaction with founder George Feldenkreis in which Perry Ellis will become a private company through a 437 million dollars transaction. […]

Caleres has announced the acquisition of Vionic Group for 360 million dollars. The company said that this acquisition of Vionic allows Caleres to continue to expand its brand portfolio and gives it additional access to the growing contemporary comfort footwear category. The acquisition of Vionic Group […]

American shoe maker Skechers said on Thursday that its Q3 revenue for 2018 increased 7.5 percent. Profit dropped by 1.7 percent from the same period last year. The company’s sales in Q3 2018 were 1,17 billion US dollars, up from 1,09 billion US dollars a year earlier, while net earnings declined to […]

The United States topped this year’s ranking of the world’s most competitive economies, followed by Singapore and Germany. Made by the World Economic Forum (WEF), the list is based on a survey with 12,274 global business executives in 140 countries. Almost 30 points and 80 ranks separate the United […]

Hema is coming home. After eleven years under British investment company Lion Capital, the discount retail chain has been acquired by Dutch firm Ramphastos Investments for an undisclosed amount. With stores in nine countries, Hema’s plans for the future include expanding its international presence. […]

London - A new partnership between Chinese denim producer Prosperity Textile and Italian weaving machinery supplier Itema signifies a step in the right direction for sustainability. The partnership will see Prosperity using Itema’s new waste-saving iSAVERTM weaving technology in its new factory in Vietnam. […]

Compagnie Financière Richemont, which owns 17 luxury brands including Montblanc, Cartier and Chloé, has signed a partnership with Lafayette Plug and Play, the accelerator program for retail and fashion startups developed by Galeries Lafayette Group. “We are very pleased to welcome Richemont as one of […]