Burberry plans to continue as usual after buying back the remaining 15 percent stake in their Chinese business. Earlier this week, Burberry announced they had acquired the remaining 15 percent economic interest in their Chinese business held by Hong Kong-based partner, Sparkle Roll Holdings Limited. […]

Steve Madden net sales for the second quarter ended June 30, 2016 increased 0.6 percent to 325.4 million dollars compared to 323.6 million dollars in the same period of 2015. Net income was 24.7 million dollars or 0.42 dollar per diluted share, compared to 24.5 million dollars or 0.40 dollars per diluted […]

London - American accessories giant Coach has sold its New York Hudson Yards headquarters for the sum of 707 million dollars. According to the Wall Street Journal, 10 Hudson Yards is owned by a limited partnership that includes Allianz, Related Cos., Oxford Properties Group Inc. and institutional investors […]

July 2016 same-store sales at Uniqlo Japan, part of the Fast Retailing Group, increased by 18.1 percent year on year, while sales at its own stores increased by 18.6 percent. The company said, total sales including online sales increased by 19 percent. Uniqlo has attributed, significant year-on-year […]

Italy's grand masters of fashion are lobbying for the global mega-event known as the Olympics to take place in Rome in 2024. The Rome2024 committee has nominated a group of 17 prominent ambassadors to promote the possibility, including designer Giorgio Armani, 21 Investimenti’s president Alessandro […]

The global fashion market is a leading industry well known for key players, such as Inditex, LVMH, H&M and Nike and is valued at 3 trillion dollars, or 3,000 billion US dollars. In the run up to the Summer Olympics kicking off on August 5th in Rio de Janeiro, the third installment of FashionUnited’s […]

Burberry has announced the acquisition of the remainder of its Chinese retail operations. The luxury fashion house shelled out 54 million pounds to take over the remaining 15 percent economic interest in its Chinese business, held by Sparkle Roll Holdings Limited, a non-Group company. The British heritage […]

French Connection’s formerly controversial branding is no longer “aspirational”. This is the argument used by activist investor at the British fashion retailer to urge the company to ditch the logo. American fund Gatemore is the disgruntled investor in question, with an eight percent stake in the fashion […]

Aeffe first half consolidated revenues increased to 137.8 million euros (154 million dollars), compared to 128.7 million euros (143.8 million dollars) in 1H 2015 representing 7 percent rise at current exchange rates and 7.3 percent at constant exchange rates. Ebitda of 12.2 million euros (13.6 million […]

Perry Moise, better known as Burberry Perry until this morning, has changed his name handle and has deleted all references to Burberry from his stage name. The rapper now goes by the name The Good Perry. The name change was caused by a lawsuit brought by the British luxury label who accused Moise of […]

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