Wolverine Worldwide has roped in Pat O'Malley as President of the Saucony brand. He succeeds Richie Woodworth, who was recently appointed president of the company's Lifestyle Group. In his new role, O'Malley will report directly to Jim Gabel, President of Wolverine Worldwide's Performance Group. O'Malley […]

Lululemon Athletica has updated its net revenue and earnings guidance for the fourth quarter of fiscal 2015 ending January 31, 2016. For the fourth quarter, it now anticipates that net revenue will be in the range of 690 million dollars to 695 million dollars, which represents an increase of approximately […]

New York - Has Dov Charney finally found his way back into the company he's held so near and dear to his heart? The latest chapter in the saga that is the fall of American Apparel now includes a 300 million dollar bid that could land him back at the company. Hagan Capital Group and Silver Creek Capital […]

British fashion retailer Long Tall Sally, which caters for women 5'8" and taller, has acquired its US competitor Long Elegant Legs for an undisclosed amount, as to looks to increase its customer base. New Jersey-based Long Elegant Legs, which was founded in 1991 specialising in tall womenswear, marks […]

REPORTHouse of Fraser, part of the Highland Group Holdings in its update on the Christmas trading period for the six weeks to January 2, 2016 said that starting from the week of Black Friday, the company witnessed strong demand. Like-for-like sales (ex VAT) for the period increased 5.3 percent against […]

British fashion retailer Joules has a good year ahead after reporting sales for the six weeks to January, 3 up by 11.3 percent year-on-year. More stores openings and a relaunched website have been the main growth engines. “We’ve invested a lot in fast turnarounds. We look at things slightly differently […]

Chinese group Fosun International Limited has announced an increase in its stake in German lifestyle clothing company Tom Tailor Holding AG. Fosun sees the additional investment as a way to strengthen its position as a long-term strategic anchor investor in the company. The Chinese group therefore owns […]

Shares at Sports Direct took a 15 percent dip at the market close Friday after the retailer issued a profit warning based on poor trading over the holiday season. Mike Ashley’s owned retailer said it had seen a "deterioration of trading conditions on the high street and a continuation of the unseasonal […]

The CEO of Chinese internet giant Alibaba, Daniel Zhang, has revealed the company's expansion plans for 2016 and spoke of a "three-pronged strategy", which includes targeting first-tier cities in China and promoting e-commerce among rural Chinese and globally through international e-commerce websites. […]

Los Angeles - Footwear and activewear brand Nike is officially suing competitor footwear company Skechers. On January 4, Nike filed a lawsuit claiming that Skechers infringed on some of their designs. The lawsuit included 14-pages which also documented exhibits spanning over 168 pages. The two designs […]

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