Book reviewPhil Knight is a typical example of a self-made person. A student at the Faculty of Economics and runner, at university he dreamed of creating a business selling sneakers. At 26, Phil Knight began selling athletic shoes from Japan from the back of his car. He retired after 40 years and left […]

Boohoo Group plc has announced that trading for the first half of its financial year has been ahead of expectations with strong revenue growth driving operating leverage across key brands. The company’s board now anticipates that results for the current financial year will be ahead of previous guidance, […]

Global sustainability initiative Fashion for Good has launched the Good Fashion Fund, a collaboration between the C&A Foundation, Hong Kong-based The Mills Fabrica and Dutch impact investment and advisory firm Fount. Its aim is to spearhead systemic change in the apparel and footwear supply chain by […]

Forever 21's list of battles is growing. The American fast fashion chain, which is reportedly mulling a bankruptcy, is now being sued by pop star Ariana Grande. According to Grande, Forever 21 has used the star's signature look and style for advertisement purposes without her permission. Grande filed […]

Luxury brand La Perla, which is known for its lingerie, nightwear, beachwear, and accessories, has announced that it will be listing its shares on the next Euronext Growth Market, which is operated by Euronext Paris. Trading for shares of the brand is set to begin on Sept. 6, 2019. According to the […]

Vera Bradley, Inc. consolidated net revenues for the second quarter totalled 119.8 million dollars, which included 5.4 million dollars of net revenues from Pura Vida. Excluding Pura Vida, Vera Bradley net revenues of 114.4 million dollars, rose 0.7 percent over the prior year second quarter, below the […]

American Eagle Outfitters, Inc. (AEO) reported EPS of 38 cents for the second quarter ended August 3, 2019 compared to 34 cents for the same quarter last year. The company said, excluding restructuring charges of 1 cent, adjusted EPS was 39 cents. Total net revenue for the quarter increased 76 million […]

No cash, no cards, no wallet, and no smartphones: China's shoppers are increasingly purchasing goods with just a turn of their heads as the country embraces facial payment technology. China's mobile payment infrastructure is one of the most advanced in the world, but the new systems -- which require […]

US pop star Ariana Grande has sued fashion retailer Forever 21 for using her trademark style to promote its products without her permission, including adverts featuring a "look-alike model." Grande is seeking 10 million dollars over claims the brand, and its spin-off cosmetics line Riley Rose, created […]

August 2019 same-store sales including online sales at Uniqlo Japan, part of the Fast Retailing Group, increased by 9.9 percent year on year. The company said in a statement that total sales including online sales increased by 9.5 percent. The company attributed same-store sales rise in August to the […]

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