Gap Inc. has announced that its board of directors authorized a third quarter fiscal year 2018 dividend of 0.2425 dollar per share, payable on or after October 31, 2018 to shareholders of record at the close of business on October 10, 2018. The company offers clothing, accessories, and personal care […]

J.Jill, Inc. has announced the appointment of two new executives to the company's senior leadership team. Brian Beitler will join the company as executive vice president, chief marketing and brand development officer and Shelley Liebsch as senior vice president and chief merchandising officer. Together, […]

2017 was not the best financial year for the Prada Group, with its main brand lagging in growth and digital relevance. Its prices were expensive, too, with little entry price points for the consumer who can’t afford its high-end, high price accessories. But a lot can happen in a year. This week Prada […]

IN DEPTH German sporting goods firm Adidas AG recently announced its decision to use only recycled plastics by 2024 for shoes and clothing. This initiative could be the first step for the entire fashion industry to work together to solve ecological problems, says Alexandra Kaloschina, founder of the […]

For the period between April 1 to June 30, 2018, Björn Borg AB said that the Group’s net sales increased 4.1 percent to 140.3 million Swedish krona (15.2 million dollars) and excluding currency effects sales rose 1.2 percent. Net sales for the company’s own ecommerce and e-tailers increased 23 percent. […]

Fashion for Good, the global initiative to make the fashion industry more innovative and sustainable, is launching the world’s first toolkit on the product development of Cradle to Cradle (C2C) certified denim and materials. The guide includes lessons learned by fast fashion brand C&A while developing […]

Total revenue at Walmart Inc for the second quarter, the company said, was 128 billion dollars, an increase of 4.7 billion dollars or 3.8 percent. Excluding currency, total revenue was 127.8 billion dollars, an increase of 4.4 billion dollars or 3.6 percent. Walmart reported Q2 GAAP net loss per share […]

China’s ecommerce company JD.com, Inc. has reported net revenues for the second quarter of 122.3 billion Chinese yuan (218.5 billion dollars), an increase of 31.2 percent from the second quarter of 2017. The company said, net service revenues for the quarter were 11.8 billion Chinese yuan (1.8 billion […]

After partnering up with Microsoft to incorporate artificial intelligence in its business and setting up a retail data academy to step up its employees’ “data literacy”, Marks & Spencer has taken one more step towards becoming a more digital-savvy retailer. This time, it has joined forces with cloud […]

Founded in 1976 by Gao Dekang, Bosideng has 7,579 retail outlets across China, making it the largest down clothing company in the country. In October 2007, Bosideng International Holdings Limited was listed on the Hong Kong Stock Exchange and through years of development is now valued at 26.818 billion […]

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