New York - The private fashion sales website has announced the launch of a share capital increase by way of an offering of new shares of the company with shareholders’ preferential subscription rights for a gross amount of approximately 40 million euro. The fashion e-tailer has further explained that […]

CEO INTERVIEW Struggling fashion retailer Esprit has unveiled an ambitious plan to counter years of revenue decline last week. But will it succeed in finding a new place on the market, after what the company itself defined as years of “brand inconsistency”? Chief Executive Officer Anders Kristiansen, […]

Hudson’s Bay Company (HBC) reported revenue of 2,187 million Canadian dollars (1,647 million dollars), an increase of 115 million Canadian dollars or 5.6 percent for the third quarter with comparable sales increase of 2.9 percent and comparable digital sales increase of 8 percent. The company said, […]

ANALYSIS New York – The Australian subsidiary of British fashion brand Laura Ashley has fallen into administration for the second time in barely three years. Laura Ashley entered Australia in 1971 and, at its peak, had more than 45 stores. It still had 38 stores in 2016. The clothing and home furnishing […]

In its interim trading update for the 26 weeks to November 25, 2018, British lifestyle brand Joules said that revenue for the period increased by 17.6 percent to 113.1 million pounds (143.7 million dollars). Given this sales performance, the board anticipates announcing a level of underlying profit […]

Alpargatas S.A. has announced the completion of 21.8 percent stake in ASAIC comprising the Topper brand in Argentina to Carlos Roberto Wizard Martins. The company said in a statement that the aforementioned interest was adjusted based on foreign exchange variation, and that it has received the first […]

US fashion firm VF has signed a 10-year lease for a new 15,000 square foot office in the Axtell Soho building in central London. The new office, which is set to open in late Spring 2019, will be an important business hub for VF, and will house offices, showrooms and design spaces. The new space will […]

Name: Black White Denim Location: Wilmslow, Cheshire Owner: Jo Davies Established: 2010 Product categories: Womenswear Key labels: Set, Bella Freud, Equipment, Paige Denim, J Brand, P.E Nation Activewear, Samsoe & Samsoe, Veja, Anine Bing, Golden Goose Deluxe Brand, Air & Grace, as well as own basics […]

John Lewis & Partners said in a statement that total sales for the week ending November 29, were down 5.9 percent on the same period last year following a strong Black Friday week. The company added that fashion sales were down 1.8 percent, with cold weather categories affected by the mild weather. […]

After moving sharply higher early in the session, shares of Nike, Inc. (NKE) have given back some ground but remain firmly positive in afternoon trading on Monday. Nike is currently up by 4.1 percent after reaching its best intraday level in nearly two months. The early rally by Nike came after the […]

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