REPORTBritish designer Stella McCartney aims to add new retail locations to the existing store portfolio. The move comes after the company reported 11 percent rise in sales to 31.6 million pounds (48.2 million dollars) and increase in profit before tax to 5.6 million pounds (8.5 million dollars) for […]

French flash sales site Vente-Privee.com SA is determined to speed up its acquisitions plan to remain ahead of close competitors such as Amazon.com Inc. “We have arrived at a phase of market growth where consolidation is logical and valuation multiples are rational,” founder Jacques-Antoine Granjon […]

American luxury retailer Neiman Marcus started October by laying off 500 corporate and support staff, therefore eliminating the retail jobs of about 3 percent of its workforce of 16,000 staff, as it tries to cut costs to pay for new stores and acquisitions. “Even as we adjust our course, our mission […]

Emanuel Ungaro and Aeffe SpA have decided not to renew the license they signed three years ago, as reported by WWD today. Aeffe will be focusing more on their own brands, while Modalis will be taking over the production of Ungaro's collections. Fautso Puglisi will continue to design the Ungaro line, […]

ANALYSISBack in 2010, Yankeemagazines launched its fashion and apparel industry benchmark index, compounded by the 100 biggest industry players by market capitalisation. Back in the day, the leading 20 public fashion within the index had a combined market cap of 314.7 billion dollars, this is 27.4 percent […]

Draper James, a Southern-inspired lifestyle and fashion line founded by actress Reese Witherspoon, has raised 10 million pounds in its Series B financing round. The round was led by venture capital firm Forerunner Ventures, with participation from Stone Canyon Industries and existing investor JH Partners. […]

London’s West End is set to generate an extra 2.45 billion pounds a year in revenue after the launch of Crossrail, as new research predicts the rail scheme will attract additional visitors to the area. The New West End Company (NWEC), which represents 600 businesses, said annual turnover for its retailers […]

REPORTGroup revenue at Ted Baker increased by 24.5 percent to 226.8 million pounds (343.8 million dollars) for the 28 weeks ended August 15, 2015. The composite gross margin fell to 57.6 percent from 58.5 percent last year. The company said, it was partly due to a change in sales mix between wholesale […]

As of 00:01 am, Monday, October 5, 2015, the merger between Yoox Group and Net-a-Porter has come officially into effect, with the newly formed (and named) entity Yoox Net-a-Porter Group holding a cool market value of 3.6 billion euros. With the formation of the new group comes a new logo, which was […]

London - American Apparel has found its way into the media spotlight once more as news broke the troubled fashion retailer filed for bankruptcy protection on Monday. The fashion company, which filed for Chapter 11 in the US Bankruptcy Court in Delaware this morning, aims to reorganise its debt - a move […]

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