French fashion brand Vivarte has announced that it will sell its Chevignon brand as it continues to dispose assets to cut its debt. In the Tuesday announcement the company said they would be selling the brand to the Royer company's Stephane Collaert and Thierry Le Guenic. The move comes following the […]

Senior retail executives are out of touch with what consumers want in their shopping experiences. In a series of three surveys reaching out to consumers and retail executives alike, First Insight found that responses to questions of consumer shopping habits and the influences that drive shopping decisions […]

The Estée Lauder Companies Inc. recorded net sales of 3.52 billion dollars, an 8 percent increase for its first quarter driven by growth in nearly all product categories, geographic regions and channels. Excluding the impact of currency translation and the adoption of the new revenue recognition accounting […]

Suppliers are under mounting financial pressure from buyers, according to a new report released this week by Better Buying, an organization dedicated to improving purchasing practices in the apparel supply chain. Better Buying surveyed 319 suppliers from 38 countries, who provided anonymous ratings […]

Over 290 companies representing 20 percent of all plastic packaging produced globally have signed a global commitment to end plastic waste and pollution at the source. The initiative was led by UK charity Ellen MacArthur Foundation, in collaboration with UN Environment. Fashion companies such as H&M, […]

L'Oreal, the world's biggest cosmetics company, said Tuesday it enjoyed its strongest sales growth in more than a decade, thanks in part to luxury skincare products. Coming in at nearly 19.9 billion euros (22.6 billion USD) in the third quarter, sales rose by 6.8 percent on a like-for-like basis that […]

Differential Brands Group Inc. on completion of the acquisition of a significant portion of Global Brands Group Holding Limited’s North American licensing business for 1.2 million dollars, has decided to change its name to Centric Brands Inc. The company said in a statement that Jason Rabin, former […]

eBay Inc. revenues for the quarter ended September 30, 2018 of 2.6 billion dollars, increased 6 percent on as-reported basis and 6 percent on a foreign exchange neutral basis, which the company said were primarily driven by gross merchandise volume (GMV) of 22.7 billion dollars, up 5 percent on both […]

European fashion retailer Tendam, operating through the Cortefiel, Pedro del Hierro, Springfield, Women’secret and Fifty brands, has reported pre-tax profit of 38.9 million euros (44.2 million dollars), reflecting a significant improvement in the company’s balance sheet versus the first half of 2017/18, […]

For the first quarter ended September 30, 2018, Esprit continued to report weakness in revenue as a result of declining customers’ traffic and extended warm summer temperature in Europe which impacted sales of autumn merchandise. Esprit’s revenue amounted to 3,334 million Honk Kong dollars (425 million […]

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