LVMH has joined forces with investment firm Groupe Arnault - the family holding company of Bernard Arnault - and consumer-focused private equity firm Catterton to create L Catterton, a consumer-focused private equity firm. L Catterton will couple Catterton's buyout expertise with LVMH's global presence […]

Fashion is an ever-changing industry. Companies who dominate the global fashion industry today, need to keep pace with, and even capitalize on changes. In a highly competitive environment, business analytics and market intelligence are must-have tools. FashionUnited took a closer look at the largest […]

New York - As the vote by creditors to approve their plan for bankruptcy comes up, American Apparel is attempting to gain as much hold on their bankruptcy case as possible. In October, the company filed for Chapter 11 bankruptcy, and now they are asking a judge for a 90-day extension to file a reorganization […]

New York - Alibaba has announced they will be adding 200 employees to help aid in their efforts against counterfeiting. The company's newly appointed chief platform governing officer Zheng Jungfend kept reiterating in a press conference that counterfeit products are "tumors of society." Alibaba Group […]

Sportswear brand New Balance has acquired its Italian distributor, Gartner Sports, as it looks to strengthen its foothold in the European market. Financial details of the deal were not disclosed, but, Gartner Sports had been an exclusive New Balance distributor since 1996. New Balance’s Fran Allen, […]

Eton, the Swedish shirt artisan maker, has changed hand. Until now owner Litorin has sold its reference stake in the retailer to EQT VII investment fund. “This is going to help the company be further developed” assured Eton president, Hans Davidsson. Eton family business was founded in 1928 by Hans […]

Fashion mogul and Jimmy Choo's founder Tamara Mellon will close the year with positive news: after filing for Chapter 11 bankruptcy protection earlier in December, the court has granted her company a lifeline. Mellon's ultimate aim with the filing was to have the court approve her namesake brand's business […]

In a recent study, the National Retail Federation (NRF) predicts that fraudulent returns would account for 3.5 percent of 2014 holiday sales totalling around 3.8 billion dollars, what is slightly higher than the figure reached last year. In total, holiday shopping fraud is expected to cost retailers […]

Millions of shoppers swamped the high street in search of bargains as Selfridges recorded the most profitable hour in its 100 year history. Crowds lined streets across Britain from 1am before excitement spilled into violence as stores opened, with fights reportedly breaking out amid stampedes in some […]

REPORTNike reporting its financial results for its fiscal 2016 second quarter ended November 30, 2015 said that strong consumer demand drove revenue growth across the Nike Brand portfolio. Diluted earnings per share grew 22 percent, on the back of gross margin expansion, a lower effective tax rate and […]

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