OPINION The Trans-Pacific Partnership(TPP) that was recently formed between the USA and eleven Pacific states - Canada, Chile, Mexico and Peru on one hand and New Zealand, Australia, Japan, Malaysia, Brunei, Singapore and Vietnam on the other - aims to remove trade barriers and to set common standards. […]

REPORTFor the fiscal year ended June 30, 2015, revenues at the Christian Dior group increased 14 percent to 35,081 million euros (39,841 million dollars), compared to 30,867 million euros (35,059 million dollars) last year. Profit from recurring operations increased 4 percent, while net profit witnessed […]

ANALYSIS American Apparel seems to be feeling quite optimistic as the troubled fashion retailer, which filed for Chapter 11 bankruptcy protection barely a week ago, now says it would become profitable in 2018. The Los Angeles-based company predicts that its reorganisation plan will help turn its fortunes […]

Those who are not too fond of trying on clothes in stores should take note: a new 3-D body mapping app allows shoppers to skip this step and try on clothes virtually, from the convenience of their homes or anywhere, and promises perfect fit. A group of Indian techies has set up Trupik, a start-up with […]

New York - H&M, in their continued quest for global domination of the fast-fashion market, is focusing their sights on India. The country's Saket Select Citymall is now home to a two story H&M. The shopping destination is also home to a Gap, MAC Cosmetics, and Zara. While India has always looked like […]

If there was any doubt that Nike is the world's leading sporting goods provider, its new revenue targets will surely attest to its prowess for growth. The Oregon-based business has set itself an ambitious goal, targeting 50 billion dollars in revenue by the end of the 2020 financial year. Nike is built […]

When did the general public fall out of love with Marks & Spencer? Once known for both its outstanding fashion and food offering, the British department store once prestigious image seems to losing its shine. For years now, UK’s beloved high street department store group has been working against the […]

REPORTHugo Boss has said that its sales development was marked by high levels of volatility in the third quarter of 2015 from July to September. While performance in Europe remained strong, momentum in Asia and the Americas deteriorated considerably towards the end of the period. The company has blamed […]

REPORTThe H&M group’s sales including VAT increased by 11 percent in local currencies in September 2015 compared to the same month last year. The company operated 3,733 stores on September 30, 2015 compared to 3,338 on September 30, 2014. The group has expansion plans in store with approximately 400 […]

REPORTIn the first half, Burberry generated revenue of 1,105 million pounds (1,710 million dollars), including 2 percent underlying growth in retail revenue. In the second quarter, the company said that the demand from luxury consumers, particularly Chinese customers, was affected by a more challenging […]

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