Shoe Carnival, Inc’s board of directors has approved a 7 percent increase in its quarterly cash dividend. The company sais that the quarterly cash dividend of 0.08 dollar per share will be paid on July 23, 2018, to shareholders of record as of the close of business on July 9, 2018. “Once again, we are […]

JD Sports Fashion Plc has said that it has formally completed the acquisition of The Finish Line, Inc. In March, JD Sports had entered into a conditional acquisition agreement to acquire 100 percent of the issued share capital of The Finish Line at a price of 13.50 dollars per share in cash, valuing […]

As Donald Trump proceeds with his potential trade war with China after the 50 billion dollars in tariffs he slapped on them, the U.S. apparel and manufacturing industry is breathing a sigh of relief because thankfully the actual shirts and shoes imported from China won't be subject to the tariffs. However, […]

ANALYSISIn an attempt to revert its failed financial plans, the department store chain has launched a dramatic restructuring that involves closing more than half of its 59 stores to cut costs. The plan has angered landlords and investors alike, prompting House of Fraser management to seek for support […]

ANALYSISItalian family-owned fashion house Missoni has sold a majority stake to an investment fund as part of its strategy to remain competitive in a an ever concentrated industry. Italian investment fund FSI will take a 41.2 percent stake in the firm to help expand the business and get the company […]

Global initiative Fashion for Good celebrated its first year by hosting Innovation Fest at their hub in Amsterdam. In a press release sent on Friday, the organisation summed up its progress. True to its goal of bringing industry players together to "reimagine how fashion is designed, made, used and […]

Swiss private equity firm Telemos Capital has confirmed that it has made its first UK investment with a controlling stake purchase in sex toy and lingerie retailer Lovehoney. Established in Bath in 2002 by Richard Longhurst and Neal Slateford, Lovehoney has grown to bring in 100 million pounds in revenues, […]

INTERACTIVE Canada Goose Holdings Inc. in its financial results for its fiscal year ended March 31, 2018 said total revenue increased by 46.4 percent or 47.7 percent on a constant currency basis to 591.2 million Canadian dollars (448.5 million dollars). Hover over the graph to learn more. “Our execution […]

Perry Ellis International has entered into a 437 million dollars transaction to become a private company through an acquisition led by George Feldenkreis, Perry Ellis’ Founder and member of the company’s board of directors. Through this deal, he will acquire all of the outstanding common shares of Perry […]

Google is investing 550 million dollars in cash in China’s e-commerce giant as part of a strategic partnership. said through a media release that both the companies plan to collaborate on a range of strategic initiatives, including joint development of retail solutions in a range of regions […]

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