Promises are great. If they are kept. Swedish fashion giant H&M promised on 23rd November 2013, five years ago after the collapse of the Rana Plaza building, in its “Roadmap towards a fair living wage” to have “pay structures in place to pay a fair living wage by 2018” to all its workers globally (at […]

British fashion and lifestyle brand Joules has received planning permission for its new headquarters in its home town of Market Harborough, where the brand was established nearly 30 years ago. Joules is planning a new 60,000 square foot facility that will see the company’s UK-based head office teams […]

Digital Brands Group, the Los Angeles-based curated group of digital-first lifestyle brands, has launched its first ever round of international fundraising with a campaign on UK-based crowdfunding platform, Crowdcube. The fundraising is aimed to secure additional funds to accelerate the group’s continued […]

Vivienne Westwood Limited, for the year to December 31, 2017, said that the turnover increased by 8.67 percent to 40.7 million pounds (52 million dollars) and gross profit rose by 28.01 percent with gross profit margin improving to 53.3 percent from 46 percent last year. Pre-tax profit for the year […]

Family-owned fashion company Bestseller having almost 20 brands such as Jack & Jones, Only, Vero Moda under its fold said in its annual report that net turnover for the year reached 3.3 billion euros, representing an increase of 3.3 percent and a result before tax of 387 million euros, a rise of 14.9 […]

New York - Fueled by low unemployment, strong income growth and high consumer confidence, the holiday shopping season this year will be a strong one for retailers in the US. Research firm eMarketer has raised its projections from its Q3 2018 forecast, specifically for brick-and-mortar retailers. In […]

New York – The battle that has two of the major apparel industry players in Australia is about to take yet another turn. Earlier this week, Premier Investment’s Solomon Lew said in an interview that the company he heads “has no interest in making a takeover bid” for competitor Myer. It’s worth recalling […]

Mothercare Plc in its results statement for the first half year ending October 6, 2018, said that adjusted loss before taxation reached 6.2 million pounds (7.9 million dollars) compared to 2.6 million pounds (3.3 million dollars) last year. Group adjusted loss before taxation and foreign currency revaluations […]

New York - This week marks the beginning of the holidays shopping season, a key period for retailers worldwide. This year, an estimated 164 million people in the U.S. will go shopping Thanksgiving Day through Cyber Monday. The new annual survey by the National Retail Federation (NRF) and Prosper Insights […]

New York - A new survey reveal that despite the unstoppable rise of online shopping, consumers in the U.S. still favor more traditional holiday shopping days such as Black Friday. According to a survey commissioned by leading installment payment solution Splitit, more consumers plan to shop online on […]

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