Together with the Australian government, Cotton Australia and the Better Cotton Initiative (BCI) plan to train 225,000 Pakistani cotton growers, starting with the 2017 cotton season, to achieve improved environmental, social and economic benefits in line with the Better Cotton Standard System. The partnership […]

Los Angeles - As speculated, American Apparel went through a massive round of layoffs this week. The Los Angeles-based company terminated approximately 2,400 people this past Monday, January 16. The elevated basics line confirmed earlier that there would be layoffs across the board. This new announcement […]

Lefties - the lesser known and advertised sister-brand of Zara from the famed Inditex stable is ready to go head to head with popular fast-fashion brands like H&M and Primark in the New Year. Founded in Spain in an outlet format, today the brand operates approximately 134 stores. Now Lefties is getting […]

For the three months to December 31, 2016, Burberry retail sales of 735 million pounds (907 million dollars) improved 4 percent underlying and 22 percent at reported FX. Comparable sales for the period increased 3 percent. The company expects FY17 adjusted PBT to be in line with current market expectations. […]

London - Internet giant Alibaba Group is ready to show the world that it takes counterfeiting seriously, which is why the Chinese conglomerate has formed a new alliance with internationals brands against counterfeiting. Together with the likes of luxury fashion house Louis Vuitton, Samsung and Mars, […]

Hugo Boss in its preliminary trading update has said that Group sales and profits improved in the fourth quarter and the company made progress in its own retail business in particular. As a result, Hugo Boss now expects operating profit in the full year of 2016 to reach the upper end of the forecast […]

Sales including VAT at H&M increased by 6 percent in local currencies in December 2016 compared to the same month last year. Converted into Swedish krona, sales increased by 10 percent. The total number of stores amounted to 4,379 on December 31, 2016 compared to 3,957 the same month, last year. Picture:H&M […]

Italian fashion group Giorgio Armani posted 5 percent decline in revenues last year and its Founder cited that the year 2017 will continue to be "complicated" for the company, said a Reuters report. According to the report, the 82-year-old Armani, who founded the company in 1975, told media, "Last year […]

The economic slowdown in China; terror attacks in main international luxury plazas such as Paris and the fights against counterfeits have taken a toll on handbag-makers’ creativity. According to a recent research by Edited, a fashion analysis firm, Michael Kors Holdings Ltd., Prada SpA, LVMH's Louis […]

London - Have you every purchased a vintage designer handbag off of eBay,(for as stellar price), only to wonder when the item itself arrives if its really the real deal? You are not alone. Online marketplace places such as eBay have unfortunately become hotspots across the globe for counterfeiters to […]

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