British marine clothing retailer Henri Lloyd has gone into administration. Marine Clothing, Henri Lloyd was founded in Manchester in 1963. Henri Lloyd has blamed challenging high street conditions. The marine clothing retailer, which has a concession in House of Fraser in Chichester as well as seven […]

For the 52 weeks to March 24, 2018, revenue at New Look Group dropped 7.3 percent to 1,347.8 million pounds (1,800 million dollars). New Look brand like-for-like sales were down 11.4 percent, while UK like-for-like sales declined 11.7 percent. The company’s website sales also declined 19.2 percent, […]

Nine West Holdings Inc. has sold its Nine West and Bandolino footwear and handbag brands at auction to Authentic Brands Group (ABG) for 340 million dollars. ABG, the brand development and marketing company that owns numerous fashion brands including Juicy Couture, Jones New York and Judith Leiber, was […]

Private equity investment firm Golden Gate Capital has announced the merge of two of its portfolio companies: Eddie Bauer, LLC and Pacific Sunwear of California, LLC. From now on, the outdoor brand offering performance outerwear, apparel, footwear, accessories and gear and the speciality retailer offering […]

Boohoo group revenue of 183.6 million pounds (245 million dollars), rose 53 percent or 52 percent CER for the three months to May 31, 2018. The company witnessed strong revenue growth and market share gains across all geographies with UK sales up 49 percent and international up 60 percent. The company’s […]

Online shopping is still met with some reservations by a large number of consumers, according to recent market data. However, retailers could overcome this reluctance by implementing ‘try before your buy’ options. Many consumers still have reservations about making purchases online because they don't […]

Ted Baker recorded 4.2 percent or 7.5 percent constant currency increase in group revenue for the 19 week period to June 9, 2018, compared to the same period last year. The company said, this performance was achieved despite the impact of unseasonal weather across Europe and the East Coast of America […]

UK-based Asos has just announced a partnership with Re:Tech, an Israeli innovation hub, to scout local e-commerce, adtech, and fintech technologies. Re:Tech is a retail-oriented hub founded in 2017 by Yael Kochman and Alla Foht and Based in Tel Aviv which focus on connecting startups developing e-commerce, […]

INTERVIEWYoung consumers are demonstrating a growing interest in sustainability, social justice, and personalization. At the same time, technologies like augmented reality and virtual reality are expected to reshape the fashion retail landscape. Therefore, it should come as no surprise that a rising […]

With the football World Cup set to kick off this week, sportswear giants Nike and Adidas gear up to go head for the title of the World’s biggest football-apparel brand. Sponsoring a total of 22 out of the 32 football teams competing for the title, the World Cup is the main stage for Nike and Adidas […]

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