PVH Corp.’s Calvin Klien Inc. and G-III have entered into a new license agreement with the initial term of five years, according to an announcement from the two companies. This new agreement will include design, production, distribution of Calvin Klein Jeans for womenswear in the U.S. and Canada. Calvin […]

Luxury secondhand platform The RealReal has filed for an initial public offering (IPO) and is looking to raise 100 million dollars. According to filings with the Securities and Exchange Commission, the San Francisco-based company intends to list on the Nasdaq under the ticker symbol ‘Real”. The company, […]

The UK’s leading outdoor clothing retailer Mountain Warehouse has reported its 22nd year of consecutive sales growth, with sales up 13 percent to 255 million pounds for the 12 months to February 24, 2019. Pre-tax profits increased 14 percent to a record 23.7 million pounds, which the outdoor clothing […]

Wellington boot brand Hunter has announced that it has delivered record revenues in its full year to December 29, 2018, with an increase of 9 percent to 113.8 million pounds. Strong growth came from Hunter’s largest market, the US, which increased by 13 percent year-on-year across all channels, added […]

Megan Markel is regarded by many as one of the most beaming influencers in the world of fashion. Anything the Duchess of Sussex wears instantly becomes a best-seller. This spike in sales has become a phenomenon that experts call the Meghan Markel effect. Sarafan COO Ksenia Shirokova takes a closer look […]

PVH Corp. has completed the acquisition of a 78 percent stake in its long-term Australian supplier and retailer Gazal Corporation Limited and its joint venture with PVH named PVH Brands Australia Pty Limited. The transaction was first announced in February. According to a statement issued by PVH Corp., […]

Fashion e-tailer Global Fashion Group (GFG) has announced its intention to conduct an IPO and a listing of its shares on the Frankfurt Stock Exchange. The company, which operates e-commerce platforms The Iconic, Zalora, Dafiti and Lamoda, said it intends to raise approximately 300 million euros in the […]

Scotland-based footwear retailer Schuh has announced plans to close all three of its stores in Germany at the end of June to focus efforts on its UK, Irish and Channel Island business. The company said changes in the market over the past few years as well as the impact of Brexit lead to the decision, […]

For the first quarter ended May 4, 2019, net sales at Gap Inc. were 3.7 billion dollars, a decrease of 2 percent compared with last year, while gross profit was 1.34 billion dollars, down 6 percent. Diluted earnings per share were 0.60 dollars on a reported basis. “This quarter was extremely challenging, […]

Thierry Gillier, founder of Zadig and Voltaire, has acquired luxury cashmere brand Lucien Pellat-Finet. “I am delighted to continue the adventure of this emblematic brand with the complicity of Lucien who will become a member of our board,” said Gillier in a short statement. Founded in 1994 by designer […]

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