Superdry’s returning founder and interim chief executive Julian Dunkerton has decided to stop selling childrenswear and pull out of a footwear licensing deal with Pentland Group, making a U-turn in the decisions made by his predecessor Euan Sutherland, the Sunday Times reports. According to the newspaper, […]

Building upon a year of growth in 2018, Lululemon Athletica has announced a growth strategy for the next five years. Along with a plan to double men’s and digital revenues and quadruple international revenues, other key financial drivers of the company’s “Power of Three” strategic plan include total […]

For the 24 weeks to March 2, 2019, Primark, part of the diversified group Associated British Foods, reported 4.4 percent rise in sales, ahead of last year, which the company said was driven by increased retail selling space partially offset by a 1.5 percent decline in like-for-like sales. With a much […]

eBay Inc. delivered revenue for the quarter ended March 31, 2019 of 2.6 billion dollars, an increase of 2 percent on an as-reported basis and 4 percent on a foreign exchange (FX) neutral basis, which the company said, was primarily driven by gross merchandise volume (GMV) of 22.6 billion dollars, down […]

Cherokee Global Brands, for its fourth quarter and fiscal year ended February 2, 2019, reported revenues of 6.1 million dollars, a decrease of 11 percent, which the company said, largely reflects the expiration or non-renewal of several licensing agreements. These declines were partially offset by revenues […]

According to the latest accounts published by Ermenegildo Zegna Group, its turnover for 2018 of 1.159 billion euros (1.300 billion dollars), rose 0.4 percent at constant exchange rates compared to a drop of 2 percent at current exchange rates. The company said, EBITDA at 143 million euros (160.4 million […]

More and more consumers are demanding fashion companies to be transparent about where and how their clothes are made, as they find transparency is key for a fairer and more sustainable fashion industry. H&M is the latest company to take steps in that direction: the brand’s website now contains extended […]

Rent the Runway, fashion’s latest unicorn valued at 1 billion US dollars in March, is going overseas for the very first time. The American company will be opening an international technology office in Galway, Ireland, in May, with the goal to “tackle core technology challenges that are critical to Rent […]

Famed for luxury red-soled stilettos,French shoe designer Christian Louboutin has taken inspiration for a new sandal from Pakistan's tribal frontier, sparking claims of cultural appropriation along with grins from grizzled Pakistani cobblers. A post on Louboutin's Instagram last month announcing the […]

Destination Maternity Corporation, for the fourth quarter ended February 2, 2019 reported net loss of 6.4 million dollars or 46 cents per diluted share compared to 10.2 million dollars or 73 cents per diluted share, for the fourth quarter of fiscal 2017. Net loss for fiscal 2018 was 14.3 million dollars […]

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