Dries Van Noten has sold a majority stake of its brand to Spanish group Puig, which also owns Carolina Herrera, Jean Paul Gaultier, Nina Ricci and Paco Rabanne. Van Noten will continue working for the brand as its chief creative officer and chairman, according to a join statement. He will also hold […]

In the first half of 2017/18, Gerry Weber International AG generated consolidated revenues of 404.7 million euros (478 million dollars), a decline of 5.4 percent. Following the disappointing first half, the company has initiated a “Performance Programme”, modifying its business model for sustainable […]

INTERVIEWThis week, FashionUnited introduces five startups that aim to change the way people buy clothing and accessories. As Millennials and Generation Z consumers demonstrate a growing interest in sustainability, social justice, and personalization, and new technologies have the potential to revolutionize […]

The Mulberry Group said that it made progress during the year with profit from its business in the UK, Europe, North America and wholesale increasing by 36 percent to 11.3 million pounds (15 million dollars), which the company added, reflected a focus on new products and network optimisation. Group […]

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 […]

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