Image credit: Hatch When Tommy Hilfiger introduced a fully digital showroom back in 2015, little did parent company PVH know it would spell the future of wholesale. While offering a seamless interface of selling tools, a novel touchscreen where buyers can merchandise collections without requiring to […]

Image: The Hut Group The Hut Group (THG) has posted a full-year loss despite a 41.5 percent jump in revenue. For the year ending December 31, the British group reported an operating loss of 481.8 million pounds, compared to a profit of 33.5 million pounds a year earlier. The company said this was driven […]

Beijing - More than 20 Chinese tech giants have made a public pact to abide by anti-monopoly guidelines, after regulators told them to note “the warning” of a record fine against e-commerce giant Alibaba. Beijing is taking China’s tech firms to task to curtail the reach of private companies into the […]

American Eagle Outfitters American Eagle Outfitters has announced that business is exceeding expectations with first quarter revenue on track to over 1 billion dollars, a mid-teens increase compared to pre-Covid-19 first quarter reported revenue. The company said, demand has accelerated across the American […]

Kathleen Wilson-Thompson, Global Newswire Wolverine World Wide, Inc. has appointed Kathleen Wilson-Thompson to its board of directors, effective May 5, 2021. Wilson-Thompson, 63, the company said, brings to the boardroom a wealth of global retail experience in senior executive roles, along with a combined […]

Image: Steve Madden, Facebook Steven Madden, Ltd. has announced that it has completed the acquisition of the 49.9 percent share that it did not already own of its European joint venture. Commenting on the development, Edward Rosenfeld, the company’s chairman and chief executive officer, said: “Since […]

courtesy of Beautycounter Global investment firm The Carlyle Group has acquired a majority stake in digital-native clean beauty brand, Beautycounter, an investment that values the company at 1 billion US dollars. The investment will set Beautycounter up for “accelerated growth,” said Carlyle in a statement, […]

Image: Alibaba founder Jack Ma, via Alibaba A record fine, public penitence from a tech giant and a 'who's who' of digital firms warned to "rectify" their ambitions within a month -- state regulators are showing no one is bigger than Beijing in Xi Jinping's China. E-commerce titan Alibaba absorbed the […]

Commentary Loewe LVMH was the first luxury house to post its quarterly results, setting a precedent for other fashion businesses by showing sales have returned to pre-pandemic levels. Sales increased 37 percent over 2019 and 52 percent over last year, when the world first faced lockdowns and store closures; […]

The world's top luxury goods group LVMH bounced back from the coronavirus pandemic to rake in higher sales in January-March than in the first quarter of 2019, the French company said in partial results published Tuesday. At 14 billion euros (16.7 billion dollars), revenues grew 30 percent on 2020's […]

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