On a consolidated basis, Scotch & Soda reported revenue growth of 3 percent to 335.6 million euros (394 million dollars) for fiscal 2016/17 from 325.9 million euros (382 million dollars) a year earlier. The Amsterdam-based company returned to profitability last year after reporting heavy losses in the […]

London - Leading fashion brands producing goods in Cambodia are encouraged to speak out about numerous human rights violations taking place following the closing of democratic and civil society space. Labour rights organizations Clean Clothes Campaign, Worker Rights Consortium and International Labour […]

Amy Williams, Chief Executive Officer of Citizens of Humanity has announced through a company statement that the company’s executive management team has purchased the company from Berkshire Partners, a Boston-based private equity company, and founder Jerome Dahan. The company added that Jerome Dahan […]

September 2017 same-store sales including online sales at Uniqlo Japan, part of the Fast Retailing Group, increased by 6.3 percent year on year while sales at its own stores increased by 5.5 percent. The company said, total sales including online sales increased by 6.9 percent. Uniqlo attributed the […]

Luxury consignment company The RealReal has announced it has established National Consignment Day as an official holiday, henceforth taking place annually the first Monday of every October. This new official holiday solidifies The RealReal's consignment model as a key stimulator of the circular economy. […]

REPORT London - Even though a growing number of international brands may have made the switch from regular cotton to sustainable cotton, overall ‘big brand’ progress still falls short according to the annual Sustainable Cotton Ranking 2017. Published annually by the Pesticide Action Network (PAN) UK, […]

Myntra, India's largest platform for fashion and lifestyle, has won the master distribution and management rights for international brand Esprit to bring the retailer to India. The move means that Myntra will be responsible for Esprit’s omnichannel strategy in India, as well as on its own platforms. […]

Hennes & Mauritz has promised to provide greater clarity about operations in response to an investor call for more transparency about its online business. “Especially now when we are not reaching the goals and the share price has been going down, it’s a good time to explain to shareholders how we see […]

The Swedish fashion retailer is enjoying a rare victory against rival Zara: Hennes & Mauritz's sales in India more than doubled in the nine months to August from a year ago, thanks to its strategy of selling merchandise at lower prices than their Spanish rival. “The brand positioning is right in a price-sensitive […]

Wolverine Worldwide has sold assets associated with its United States Department of Defense (DoD) contract business and the Big Rapids factory operations to Original Footwear. The company said, Original is a Tennessee-based footwear manufacturer specializing in products for the Department of Defense […]

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