REPORT Charles Vögele's results for the first half of 2015 were suffered because of tougher operating conditions. Group net sales fell 13.3 percent to 392 million Swiss francs (419.4 million dollars) due to the negative effect of exchange rates. After adjusting for exchange rates and like-for-like, […]

Interluxe Holdings, the New York-based fashion and luxury investment firm that bought a majority stake in Jason Wu last year, has added contemporary brand A.L.C. to its portfolio. Founded in 2009 by former stylist Andrea Lieberman, A.L.C. has gained a reputation for its relaxed silhouettes, cool separates […]

Apparently suing high end fashion brands is all the rage right now. First Jeremy Scott, and now Ralph Lauren. A patent designer has filed an infringement lawsuit in a Texas federal court alleging Ralph Lauren Corp. knocked off his design for a handbag with an interior that illuminates and can also charge […]

REPORT Foot Locker, for its second quarter ended August 1, 2015, reported comparable-store sales increase of 9.6 percent. Total sales increased 3.3 percent to 1,695 million dollars this year, compared with sales of 1,641 million dollars for the corresponding prior-year period. Excluding the effect of […]

German fashion chain Gerry Weber is prepared to axe a series of jobs, as the company hopes to remove any weak areas in the business following a sluggish performance during the first half of its financial year 2014/2015, during which operational profit dropped 26.8 percent to 36.2 million euros. It remains […]

REPORT Reporting its second quarter fiscal year 2015 results, Gap also reaffirmed its full-year earnings per share guidance to be in the range of 2.75 dollars to 2.80 dollars. Gap’s comparable sales for the second quarter were down 2 percent versus flat last year and net sales decreased 2 percent to […]

DHAKA - After nearly 27 months of the collapse of the Rana Plaza building, located on the outskirt of Bangladesh's capital Dhaka, which housed five garment factories, killing at least 1,136 workers and injuring many, the heirs and victims of the apparel industry's deadliest incident at last got the […]

REPORT American Eagle Outfitters reported EPS of 0.17 dollar for the second quarter ended August 1, 2015, a significant increase from EPS of 0.03 dollar for the comparable quarter last year, and above EPS guidance of 0.11 dollar to 0.14 dollar. Total net revenue increased 12 percent to a record 797 […]

ANALYSISIf barely a week ago American Apparel rang all the alarms by missing the regulatory filing deadline to submit its second-quarter results as they were worse than expected, now the troubled retailer warns it might not have enough money even to keep the business afloat for another year. So, as […]

When Abercrombie & Fitch went on their hiring spree in June, they were still looking to fill the imperative role of women's designer. Finally, the role has been filled. Kristina Szasz, previously design director for Tommy Hilfiger denim and Karl Lagerfeld, will be stepping into the role of Abercrombie […]

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