European fashion retailers have proved their resilience over the first half of the year, despite the currency fluctuations affecting their interests in foreign markets and in spite of the political and economic turmoil in Greece. Big surprises in the period come from the far ends of the Old Continent, […]

Dhaka - Six Bangladeshi garment factories have been recognized as being 'of global standard' as the North American buyers’ platform, the Alliance for Bangladesh Worker Safety, has completed remediation verification visits (RVVs) there and found them compliant. The announcement was made at a press conference […]

REPORT In the fiscal year 2014/15 ending May 31, 2015, Marc O’Polo generated 464 million euros (520.1 million dollars) in brand turnover including all licence lines, thereby recording a sales increase of 2.7 percent compared to the previous year. With Marc O’Polo Modern Casual, Marc O’Polo Pure, Marc […]

Three years after the disastrous blaze at Tazreen Styles that claimed the lives of 112 garment workers, a Bangladesh court on Thursday finally charged more than a dozen people with homicide. Among those accussed are the two factory owners Delwar Hossain and his wife Mahmuda Akte as well as eleven […]

Women prefer Coach Inc.’s leather handbags to those of its major rivals, but they are less impressed by their lofty price, according to a recent market research piece by J.P.Morgan. According to a survey conducted by J.P. Morgan of 500 women between the ages of 22 and 55 who have purchased a handbag […]

Style can mean business and for Hiral Sanghavi, the inventor of BauBax travel jacket, it has definitely meant business of the best class. He needed to fundraise 20,000 dollars on Kickstarter to fund his BauBax travel jacket but instead, he smashed that target and raised an impressive 9 million dollars. […]

Members of the Administration Committee at El Corte Inglés have voted almost unanimously in favour of the expulsion of the governing body of Ceslar Corporation, the main dissenting voice on the entrance of the new Qatari partner in the shareholding of the company. Shareholders' Meeting of 2015 of El […]

Versace´s IPO is advancing at steady pace. The Italian fashion house has planned its debut on the stock market for 2016, and although there is not an IPO fixed date as yet, Versace’s latest valuation comes at 1.14 billion euros. “There’s no fixed date” for an IPO, Ferraris said in a phone interview […]

REPORT Primark, a part of the Associated British Foods announced an update prior to entering the close period for its full year results to September 12, 2015. Sales at Primark for the full year are expected to be 13 percent ahead of last year at constant currency mainly driven by an increase in selling […]

Luxury and premium fashion resale marketplace Vestiaire Collective has raised 33 million euros in its latest funding round led by French investment firm Eurazeo to accelerate its European and US expansion. The new funding round, which is one of the latest in France in 2015, also includes previous Vestiaire […]

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