Net sales at Hennes & Mauritz AB (H&M) increased by 12 percent to 62,572 million Swedish krona (6,334,4 million dollars) in the third quarter, while net sales in the nine-month period increased by 11 percent to 171,061 million Swedish krona (17,317 million dollars). In local currencies the H&M […]

Caleres has announced a new long-term strategic plan to build on its unique advantages and capture share in the global footwear market. The company expects this new strategic plan to generate low single-digit compound annual growth rate (CAGR) through 2022; earnings per share in double-digit CAGR; and […]

One of the most highly sought-after website domains, “fashion.com,” will be sold at auction later this October. “With the worldwide race in online fashion, I would expect fashion.com to attract a lot of interest from giant retailers and well-known brands, along with successful smaller players and new […]

Asos and Boohoo were two of the first fashion-forward mass-market online retailers to invest in the men’s plus size market in 2016 and 2017, respectively. EDITED analyzes how their offerings have changed over the last year and how this compares to brands that solely offer larger sizing. Four Highlights […]

European textile group Nextil, owner of brands such as Treiss, EFA, Ritex, Sici93, Playvest, Anna Llop or Dogi, reported first half EBITDA of 2.9 million euros (3.1 million dollars), 4.9 million more over the same period last year, reflecting the upward trend in profitability. The company said in a […]

Total sales at John Lewis for the week to September 28, 2019, increased 4.8 percent on the same week last year due to positive customer response to the start of the 20 percent off promotional Home event, which continues until October 6, 2019. The company said in a statement that fashion sales were however […]

Mastercard is teaming up with global apparel companies, Marks and Spencer, Levi Strauss and Co., and VF Corporation, to pilot a scheme to pay garment workers digitally, to ensure that workers receive their wages “securely and consistently”. The new hybrid digital payment initiative, in connection with […]

ANALISYSNew York – U.S. retailer American Eagle Outfitters Inc (AEO) has unveiled its new sustainability goals which include becoming carbon neutral by 2030. The announcement has added to Wall Street’s positive outlook for the retailer’s stock. American Eagle explained in a corporate release on Monday […]

Lanvin S.A. and Marchon Eyewear, Inc. have announced a long-term global licensing agreement that encompasses both sun and optical eyewear under the Lanvin brand name. Marchon Eyewear will design, manufacture and distribute Lanvin eyewear globally. The collections will be available in select department […]

Secondhand marketplace Depop has received a 62 million dollar investment that they will be using to expand in Europe and Asia. THe U.K. based shopping app, which has seen significant growth in the United States, is focusing on expanding to more countries in Europe, as well as expanding in Japan and […]

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