Launchmetrics, the marketing platform and data analytics solution for the fashion, luxury and beauty industries, has acquired visual content creator IMAXtree. This marks the company’s first acquisition since its 50 million dollar fundraising in September 2018 as part of its strategy to build the most […]

Guess, Inc. has announced a five-year plan containing long-term strategies and key initiatives to deliver global expansion, profit growth and value creation. As part of the fiscal 2025 strategic plan, the company’s priorities to drive revenue and operating profit growth over the next five years include […]

For its third quarter, Lands’ End, Inc. net revenue decreased 0.5 percent to 340 million dollars compared to the same period last year. The company said in a statement that sales decline reflected 89 fewer Lands’ End shops at Sears, which resulted in a net revenue decline from Sears operations of 17 […]

November same-store sales including online sales decreased by 5.5 percent year on year at Uniqlo Japan, part of the Fast Retailing Group. The company said in a statement that total sales including online sales also decreased by 5.8 percent. Uniqlo added that same-store sales declined in November, while […]

J.Crew Group, Inc., for its third quarter, announced, total revenue increase of 1 percent to 625.6 million dollars. The company’s comparable sales increased 3 percent following an increase of 8 percent in the third quarter last year. J.Crew brand sales decreased 4 percent to 415.8 million dollars, while […]

Ted Baker has announced it has overstated the value of its inventory and will be launching a comprehensive review of how the error was made. The British luxury brand said that based on preliminary analysis, it estimates the overstatement to be to the value of 20 to 25 million pounds, adding that it […]

American investment firm Carlyle Group LP is reportedly mulling a bid for British footwear brand Dr Martens. Carlyle is in early talks over a potential offer, though no decision has been made and other bidders could emerge, Bloomberg reports, citing people familiar with the matter. The British brand, […]

After announcing plans to exit the Dutch market in September this year, Hudson’s Bay Netherlands has now requested a deferment of payment, reports RTL Z. According to the report, the Hudson’s Bay has announced that says “it can no longer meet the payment obligations due to the court decision and the […]

London-based retailer Trouva has received a 17 million pound investment to help fuel its international expansion. The funding, led by Octopus Ventures alongside C4 Ventures, Downing Ventures, BGF and LocalGlobe, will help the company “further establish itself as the global destination for the best of […]

The chairman of Dubai-based Damac Properties, Hussain Sajwani, has confirmed the purchase of 100 percent of Italian fashion group Roberto Cavalli through his private investment company Vision Investments, part of the Dico Group. The acquisition of the brand, which was completed on 28 November, marks […]

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