REPORT VF Corporation, for its first quarter ended April 4, 2015 reported revenue rise of 8 percent on a currency neutral basis including growth in its outdoor & action sports, jeanswear, imagewear and sportswear coalitions as well as international and direct-to-consumer businesses. On a reported basis, […]

A potential float of Marc Jacobs has caused and still causes much ink to flow. Within the fashion industry, it is a badly kept secret that Marc Jacobs has been readying his brand for an Initial Public Offering or IPO for at least a year and a half now. Market experts highlights those hints that got […]

REPORT LVMH Moët Hennessy Louis Vuitton, recorded a 16 percent increase in first quarter 2015 revenue to 8.3 billion euros (8.7 billion dollars). Organic revenue growth was 3 percent compared to the same period in 2014. The Group witnessed positive momentum in Europe and the United States. The fashion […]

REPORT Gap net sales for the five-week period ended April 4, 2015 increased 1 percent to 1.53 billion dollars compared with net sales of 1.51 billion dollars, same month, last year. Comparable sales for March 2015 were up 2 percent versus a 6 percent decrease last year. “We are especially pleased with […]

Sequential Brands Group, Inc. (Nasdaq:SQBG) announced Wednesday that it has closed the acquisition of the Jessica Simpson brand. The Company has acquired a majority interest in the brand, including the Jessica Simpson Collection master license and other rights. "Jessica Simpson is an entertainment and […]

As part of a manufacturing boom, Ethiopia, dubbed by some as "Africa's Bangladesh", is set to give its textile and garment sector a major boost, planning to increase its export capacity from 21.8 million birr (1.06 million US dollars) in 2009/10 to 100 million birr (4.89 million US dollars) by 2014/15. […]

American Apparel just can’t seem to catch a break. Between the controversy with former CEO Dov Charney, and the recent firing of Iris Alonzo, the brand has begun to redefine the term “roll with the punches.” CEO Paula Schneider will soon announce that 180 jobs will be eliminated in her effort to turn […]

ANALYSISThe Italian luxury brand noted down an attributable net profit of 450.7 million euros at the end of fiscal year 2014, that is 28.2 percent less than during the previous year. This is the deepest dive in earnings for the company since it was taken public in an initial public offer (IPO) four […]

UPDATE After days of speculation, Compagnie Financiere Richemont announced Tuesday before the markets opening that it has entered into a binding, conditional agreement to merge the operations of its subsidiary, The Net-A-Porter Group, with Yoox S.p.A. in an all-share transaction. The agreement is conditional […]

The International Apparel Federation (IAF) has signed an MoU with the Hong Kong General Chamber of Textiles (HKGCOT). The aim is to exchange knowledge on innovation, apparel markets and international business opportunities. Rahul Mehta, president of IAF, and dr. Gordon Yen, chairman of HKGCOT, signed […]

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