In the first quarter of 2018, net sales at Inditex reached 5.7 billion euros (6.6 billion dollars), 2 percent higher than in the same quarter in 2017. Sales in local currencies increased by 7 percent. The company opened stores in 36 markets during the first quarter and at the end of the quarter, Inditex […]

INTERVIEWThis week, FashionUnited presents five startups that aim to change the way people buy clothing and accessories. Young consumers are demonstrating a growing interest in sustainability, social justice, and personalization. At the same time, technologies like augmented reality and virtual reality […]

Lands' End, Inc. reported net revenue for the first quarter ended May 4, 2018 of 299.8 million dollars, an increase of 11.7 percent compared to the first quarter last year. Direct segment net revenue increased 19.7 percent to 273.4 million dollars, while retail segment net revenue decreased 34 percent […]

UPDATE The EU Court of Justice has ruled in favor of Christian Louboutin in a legal battle between the French designer and Dutch footwear retailer Van Haren, which started selling stiletto shoes with red soles in 2012. The highest European court recognized the red soles as a trademark protected by Louboutin’s […]

Nine West Holdings Inc. has sold its Nine West and Bandolino footwear and handbag brands at auction to Authentic Brands Group (ABG) for 340 million dollars. ABG, the brand development and marketing company that owns numerous fashion brands including Juicy Couture, Jones New York and Judith Leiber, was […]

Private equity investment firm Golden Gate Capital has announced the merge of two of its portfolio companies: Eddie Bauer, LLC and Pacific Sunwear of California, LLC. From now on, the outdoor brand offering performance outerwear, apparel, footwear, accessories and gear and the speciality retailer offering […]

Boohoo group revenue of 183.6 million pounds (245 million dollars), rose 53 percent or 52 percent CER for the three months to May 31, 2018. The company witnessed strong revenue growth and market share gains across all geographies with UK sales up 49 percent and international up 60 percent. The company’s […]

Online shopping is still met with some reservations by a large number of consumers, according to recent market data. However, retailers could overcome this reluctance by implementing ‘try before your buy’ options. Many consumers still have reservations about making purchases online because they don't […]

INTERVIEWYoung consumers are demonstrating a growing interest in sustainability, social justice, and personalization. At the same time, technologies like augmented reality and virtual reality are expected to reshape the fashion retail landscape. Therefore, it should come as no surprise that a rising […]

With the football World Cup set to kick off this week, sportswear giants Nike and Adidas gear up to go head for the title of the World’s biggest football-apparel brand. Sponsoring a total of 22 out of the 32 football teams competing for the title, the World Cup is the main stage for Nike and Adidas […]

Related news

MORE NEWS

 

LATEST JOBS

 

MOST READ