Deemed by many the ‘Korean answer to Zara’, A land has opened its first physical store in a Western market. The South Korean fashion retailer - well known in Asia as a department store format for millennial shoppers - has opened just opened a store in Brooklyn, New York. As reported by ‘Retail News […]

ANALYSIS Guess? Inc. has bet strongly on China, both as a strategic market and as the home for one of the wealthiest shoppers groups it targets worldwide. The fashion group has partnered with Alipay to offer mobile payments its Chinese customers are used to at its most popular stores across the U.S. […]

Thomas Meyer, founder and CEO of the Spanish brand Desigual, has become the sole shareholder of his company again. French investment group Eurazeo, which acquired a 10 percent stake in the company in 2014, announced it will be selling its shares back to Meyer. “After four years of mutual cooperation, […]

In the first half of 2018, Safilo Spa said in a statement that the performance reflected the decline of the European sunglass sales in Q2 and the continuing weakness of the business in North America, while growth in emerging markets and in the prescription eyewear business were positive highlights. […]

The Armani Group has said through a media statement that the company achieved positive results in 2017, with net profits of 325 million euros (376.7 million dollars) on 2,335 million euros (2,706,5 million dollars) of net revenues, down 7 percent at actual exchange and 5.8 percent at constant exchange. […]

INTERVIEW Recent months have been busy for United States-based manufacturer and distributor of eyewear and sunglasses, Marchon Eyewear as it renewed several licences and expanded its portfolio by signing a licensing agreement with both DKNY and Donna Karan New York. According to Nicola Zotta, President […]

Ralph Lauren is the latest fashion company pledging to stop using mohair in its future collections. All of the group’s brands, including Ralph Lauren Home, Polo Ralph Lauren, Chaps, Club Monaco and American Living, will no longer feature the controversial material. The information was shared with journalists […]

Same-store sales including online sales in July 2018 at Uniqlo Japan, part of the Fast Retailing Group, decreased by 0.3 percent year on year. The company said in a statement that sales at the company-owned stores also decreased by 1.9 percent, while total sales including online sales were steady year […]

Hugo Boss Group sales increased by 6 percent to 653 million euros (760.7 million dollars) in local currencies, while the company said, comp store sales grew 5 percent due to gains in all regions and sales formats. Sales from the Group’s own online business grew by 47 percent, while sales in the wholesale […]

ANALYSIS British fashion retailer House of Fraser has seen its future compromised after Chinese investment firm C.Banner walked away from a rescue deal that included acquiring a majority stake in the apparel chain as well as a 70 million pounds cash injection. C.Banner was thought to have planned to […]

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