Australia’s Direct Group has joined Direct Capital and Briscoes in New Zealand in the race to become the new owner of Woolworths’ fashion shopping website Ezibuy. Direct Group owns sites such as Damart, The Fox Collection, Innovations, Gaiam, Entertainment Masters, Victoria Hill and Homecare. New Zealand-based […]

Evine Live Inc. (Nasdaq: EVLV) has secured fashion designer Tommy Hilfiger as an investor and adviser upon the execution of a definitive agreement to sell 10 million dollars of common stock at 1.68 dollars per share. The shares were priced at a 10 percent discount to the previous 15 day average of the […]

The H&M group’s sales including VAT increased by 7 percent in local currencies in August 2016 compared to the same month the previous year. The company said that sales development in August had a very good start. But sales were negatively affected in the second half of the month by exceptionally hot […]

"In light of the current economic and currency uncertainty, we no longer wish to provide a written guidance," Chief Executive Axel Dumas told journalists on a conference call, adding Hermes continued to aim to outperform the market. This was how the French luxury goods maker Hermès announced on Wednesday […]

London - Spanish fashion conglomerate Inditex continues to expand its global reach by opening its first Zara store in Vietnam. Zara, the leading fashion brand from the company, recently opened its debut store in the former city of Saigon, Ho Chi Minh City’s Vincom Centre. The new store spans a total […]

The Hermès Group's consolidated revenues amounted to 2,440 million euros (2,739 million dollars) in the first half of 2016, up 7 percent at constant exchange rates. After adjustment for the negative currency effect, growth was 6 percent. Operating income, up 11 percent, amounted to 827 million euros […]

Ahead of the Annual General Meeting, Compagnie Financière Richemont has announced that its sales for the first five months of the current financial year ended August 31, 2016 decreased by 13 percent at constant exchange rates and 14 percent at actual rates. Excluding exceptional watch returns taken […]

The global fashion market is currently worth a staggering total of approximately 3 trillion US dollars - that's 3,000 billion US dollars - but what is any dress worth without the bare necessities, aka lingerie, underneath it? As FashionUnited is turning its editorial focus on womenswear this month in […]

New York Fashion Week kicks off the international ready-to-wear fashion week season, today. But how beneficial is it financially for a city to hold a fashion event twice a year? According to calculations carried out by FashionUnited, the total income for New York during New York Fashion week is 574 […]

Karl Lagerfeld has entered into a multi-year licensing agreement with Overland Shoes for the design and distribution of its men’s and women’s footwear in Europe and the Middle East. The first collection will launch for autumn/winter 2017, with deliveries set to hit stores from June 2017. The collection […]

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