ANALYSIS New York – Shares of Farfetch Ltd (NYSE:FTCH) have been assigned a consensus recommendation of “Buy” from the fifteen brokerages that are currently covering the company. MarketBeat.com reports that one research analyst has rated the stock with a sell rating, two have given a hold rating and […]

The presence of the Anne Klein brand will soon expand throughout Mexico. WHP Global, the parent-company to the popular American womenswear label, has announced lifestyle group IBV Licensing as its new licensing partner for the Mexican market. With over 30 years of experience in the Mexican fashion and […]

Fashion Nova is no stranger to controversy, though typically claims against the fast fashion retailer surround "copycat designs." This week, the retailer made headlines for another reason: The New York Times reported on Monday that Fashion Nova has been underpaying the workers in its Los Angeles facilities. […]

American conglomerate Capri Holdings Ltd., parent of Michael Kors, Versace and Jimmy Choo, is expanding its portfolio investment in the manufacturing sector. The company has reportedly acquired Alberto Gozzi Srl, a Tuscan shoe manufacturer, for an undisclosed sum. The Alberto Gozzi company was founded […]

Hennes and Mauritz AB (H&M) has announced through statement that the group continued to grow globally during 2019 in a rapidly changing fashion industry. The H&M group’s net sales increased by 11 percent to 232,764 million Swedish krona (24,836 million dollars) in the financial year of 2019, […]

Group revenue for the first half year at Sports Direct International was up 14 percent to 2,043.5 million pounds (2,740 million dollars), which the company said was largely due to acquisitions contributing 222.5 million pounds, growth in premium lifestyle, growth in wholesale and licensing and the full […]

The European textile industry has to waste less and recycle more after being highlighted as a key sector by the European Commission in its industrial strategy for a transition to a circular economy. With the Commission's new plan, voluntary green initiatives by the textile industry could become legally […]

Luxury apparel and accessories brand Vince has reported a 3.4 percent increase in net sales to 86.4 million US dollars in the third quarter. The New York-based brand reported 8 million US dollars in net income - or 0.67 US dollars per diluted share - up from 6.8 million US dollars in the same period […]

Prada S.p.A. and L'Oréal have signed a long-term license agreement for the creation, development and distribution of luxury beauty products for the Prada brand. This agreement will allow the two companies to combine their expertise in each of their own sectors. “L’Oréal is the leading global beauty […]

Superdry has swung to a 4.2 million pound loss, down from a 26.4 million profit this time last year, in what the company described as a “year of reset”. Underlying profit for the six months to October 26 dropped 98.4 percent to just 200,000 pounds, while revenue dropped 11 percent to 369.1 million pounds […]

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