Further increasing much needed transparency in the supply chain, a new interactive map shows the connections between international buyers like brands and retailers and their suppliers in China. The Green Supply Chain Map is the brainchild of the U.S. Natural Resources Defense Council (NRDC) and the […]

South African retailer The Foschini Group (TFG) has reported a 31 percent increase in December sales after its recent acquisition of Britain’s womenswear label Hobbs, reports Reuters Africa. The group had earlier acquired two other UK-based businesses including Phase Eight in 2015 and high-street fashion […]

True Fit, the data-driven personalisation platform for footwear and clothing, has secured 55 million dollars in a Series C investment round, led by Georgian Partners with participation from existing investors Jump Capital, Signal Peak Ventures, Intel Capital, and new investor Cross Creek Capital. The […]

In the third quarter to December 31, 2017, Burberry said comparable store sales increased by 2 percent, while retail revenues were down 2 percent reported and positive 1 percent underlying to 719 million pounds (990 million dollars) from 735 million pounds (1,012 million dollars), same quarter last […]

Zalando SE reported group revenues growth of 21.2 to 23.2 percent to 1,323-1,345 million euros (1,616.8 to 1,643.7 million dollars), in the fourth quarter of 2017, according to preliminary figures. For the same period, Zalando said that the company expects to achieve an adjusted EBIT of 107-120 million […]

Hugo Boss AG has announced that based on preliminary figures, group sales grew by 5 percent in local currencies to 735 million euros (902 million dollars) in the fourth quarter of 2017. The growth, Hugo Boss said, was mostly due to 7 percent sales development on comp-stores basis in the group’s own […]

The Board of Directors of Yoox Net-A-Porter Group S.p.A. (YNAP), in its preliminary result announcement for the financial year ended December 31, 2017, said that the company recorded consolidated net revenues, net of returns and customer discounts, of 2.1 billion euros (2.5 billion dollars), up 16.9 […]

London - PrettyLittleThing and E! Entertainment Television have announced the start of a new year-long partnership in the UK, Ireland, France and Australia. The partnership sees the online fashion retailer working together with the pop-culture channel to sponsor and promote content from both parties. […]

ANALISISBurberry’s first sales update after the company’s CEO Marco Gobbetti's announced an overhaul that will see the brand ‘upgraded’ to focus on higher-end shoppers are posed to be positive, according to the City. Barclays predicts the firm will post a 3 percent rise in like-for-like sales in the […]

Sunday was a sad day in Vancouver, as the last remaining Sears department store closed its doors for good. Sears Canada declared bankruptcy last year and announced in the fall that it would liquidate its remaining stores. Sunday was to be the company’s final day of sales. Although the discounts began […]

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