The online economy is growing, and not just in the United States. South Asia is all about the e-commerce train, and the proof is in the pudding. Business of Fashion has reported that South Asia's internet economy, will reach 50 billion dollars this year. This puts it on trajectory to grow fourfold by […]

Shopping centre giant Westfield, which has two centres in London, is being acquired by Paris-based Unibail-Rodamco to create the “world’s premier developer and operator of flagship shopping destinations” in a 24.7 billion dollar deal. The deal, which has been unanimously recommended by Westfield’s board […]

Private equity advisory firm Apax Partners LLP has raised a technology-focused fund, called Apax Digital, with 1 billion dollars in capital commitments. The fund’s first investment has gone towards online retail platform Moda Operandi. The Anglo-American private equity firm has raised and advised more […]

Nautica will be extending its marketing partnership with PGA Tour player Cameron Tringale for an additional year. This will mark the sixth year for the partnership. To add to its bid for the golf apparel and lifestyle segment, the brand owned by VF Sportswear, a subsidiary of VF Corporation, is introducing […]

Students of Design (SODS) has launched a crowdfunding campaign to raise 300,000 pounds to fuel its global expansion. The Students of Design platform, which offers emerging independent designers “who wish to champion continuity and sustainability in their work” a marketplace to sell their collections. […]

For the third quarter ended October 29, 2017, Lululemon Athletica’s net revenue was 619 million dollars, an increase of 14 percent compared to the third quarter of fiscal 2016. On a constant dollar basis, net revenue increased 12 percent. Total comparable sales increased 8 percent, or increased 7 percent […]

Iconix Brand Group in its preliminary financial results announcement for the third quarter ended September 30, 2017 said that the company expects licensing revenue for the third quarter of 2017 to be approximately 53.2 million dollars, a 12 percent. The company added that revenue in the prior year's […]

Net revenues at Vera Bradley totalled 114.1 million dollars for the third quarter ended October 28, 2017 compared to 126.7 million dollars in the prior year third quarter ended October 29, 2016, while net income was 0.4 million dollars or 0.01 dollar per diluted share compared to 8.8 million dollars […]

Heritage Global Patents and Trademarks (HGPT), global brokerage and advisory service, just announced that it will manage an auction for British Wellington Rain Boot Company. The sale will include all assets of the company including its trademarks and intellectual property. The sale will also include […]

American Eagle Outfitters reported EPS of 0.36 dollar for the third quarter ended October 28, 2017. Excluding restructuring and related charges of 0.01 dollar per diluted share, the company’s adjusted EPS was 0.37 dollar for the third quarter. Total net revenue increased 2 percent to 960 million dollars, […]

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