HBC has announced that the merger of retail operations of HBC Europe and Signa’s Karstadt Warenhaus GmbH and the formation of the companies’ real estate joint venture is now complete. Commenting on the development, Richard Baker, HBC's Governor and Executive Chairman, said in a statement: “This transaction […]

Being nimble, digital-first, quicker to market and customer-centric are some of the keys for fashion industry players to harness the opportunities that 2019 is expected to create. In a recent report titled ‘The State of Style’ international consultancy firm McKinsey and the Business of Style have […]

Amazon has earned the ire of Europe and Germany. The company is currently Germany's largest retailer and an online host for smaller stores, and can now add target for an anti-trust probe to their list of German accomplishments thanks to the terms the company sets for other sellers. Germany is Amazon's […]

New York - A week has passed since this year’s Black Friday, marking the kick-off of the most important sales period for retailers. But, how do consumers see seasonal discounts and other selling tactics? A recent survey conducted by Ingenico and YouGov revealed some interesting holiday shopping habits […]

ANALYSIS New York – The fashionable outdoors U.S. brand is going through a popularity boost these days. Style savvy Japanese shoppers and Canadian consumers hold the promise for boosted growth for L.L. Bean. ´BDN News´ reported earlier this year how trendy “mountain girls” are following the government’s […]

For its third quarter, Destination XL Group, Inc. reported sales increase of 3.2 percent to 107.1 million dollars. The company said, increase of 3.4 million dollars in total sales was due to a comparable sales increase of 3.4 percent, an increase of 0.7 million dollars in non-comparable sales from DXL […]

Jack Wolfskin has announced that its shareholders, including affiliates of Bain Capital Credit, H.I.G. Bayside Capital and CQS, have entered into an agreement to sell the company to Callaway Golf Company for 418 million euros or around 476 million dollars. "We are very excited to welcome the Jack Wolfskin […]

When it comes to gender equality on the board of directors, luxury conglomerate Kering is setting an example. Non-profit organizations European Women on Boards and Ethics & Boards ranked Europe’s 200 largest public companies according to the percentage of women on the board, the presence of a woman […]

Spain's top department store chain El Corte Ingles on Thursday announced a collaboration with Chinese e-commerce giant Alibaba. Under the deal El Corte Ingles ("The English Cut"), currently present only in Spain and Portugal, will be able to sell its products worldwide through Alibaba platforms like […]

German incubator and investor in internet and technology companies Rocket Internet said on Friday its nine months revenue for 2018 increased by 17 percent. Profit increased to 296 million euros from loss of 44 million euros in the same period last year resulting in earnings per share of 1.88 euros. […]

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