With the spread of language assistants such as Google Assistant and Amazon's Alexa, online shopping has again taken a big step forward in its push for convenience-buying. By 2020 at the latest, 50 percent of search queries will be voice-based, according to market research company comsCore. When considering […]

Sears Holdings Corp. said Monday that the company and certain of its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York. The company noted that it will also close 142 unprofitable stores near […]

Against a backdrop of widely reported weaker consumer confidence across its key markets, Superdry said in a statement that effect of the weather conditions experienced in the first half of the financial year, when combined with challenges facing some of Superdry's trading partners, is expected to adversely […]

London - Sewport, the online fashion manufacturing marketplace, which seeks to ‘matchmake’ emerging and established fashion designers and brands with manufacturers around the world, has secured 650,000 pounds investment to fund its future growth. Launched at the end of 2017 by Latvian entrepreneur Boris […]

Shoe Zone PLC in its trading update for the 52 week period to September 29, 2018, said that expects to report revenues of approximately 161 million pounds (211 million dollars), growth of 1.8 percent over the last year. The Shoe Zone board now expects to report a full year profit before tax for the […]

New York.-Walmart is steeping up on its fashion game with the acquisition of intimates brand Bare Necessities. This is the second time in barely a month that the world’s largest retailer goes shopping after buying -size retailer Eloquii. In its bid to fight against Amazon, Walmart has once again […]

New York - French Connection might be the next fashion retailer changing hands in the UK. The fashion retailer’s board has found itself forced to address the market rumours regarding a potential sale of the company, confirming it is currently reviewing all its “strategic options”. The board of directors […]

New York - The Scottish fashion business has recently secured a multi-million investment from fashion conglomerate PDS Multinational. When breaking the news to the industry, Atterley’s founder Mike Welch, left the door open to a potential float of the company. Market sources point out that Atterley […]

ANALYSIS New York - The world’s largest luxury goods group, LVMH, reported a 10 percent increase in revenues for its third quarter. Despite the positive update, the French group’s stock dipped. Why? Yankeemagazines explores some of the reasons dragging European luxury retailers' shares these days. LVMH […]

Roberto Compagno, president and CEO of smart casual clothing company Slowear, the brand known for its Incotex, Zanone, Montedoro and Glanshirt brands, has announced a long-term partnership agreement with NUO Capital, which is acquiring a minority stake in the company. NUO's resources, skills and knowledge […]

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