Esprit wants to be an iconic brand again. While still the third favorite fashion retailer in its home country, Germany, where it registers an impressive 87 percent brand awareness, things don’t look so bright elsewhere and the company has been continuously reporting revenue decline. In a presentation […]

Promises are great. If they are kept. Swedish fashion giant H&M promised on 23rd November 2013, five years ago after the collapse of the Rana Plaza building, in its “Roadmap towards a fair living wage” to have “pay structures in place to pay a fair living wage by 2018” to all its workers globally (at […]

Digital Brands Group, the Los Angeles-based curated group of digital-first lifestyle brands, has launched its first ever round of international fundraising with a campaign on UK-based crowdfunding platform, Crowdcube. The fundraising is aimed to secure additional funds to accelerate the group’s continued […]

Vivienne Westwood Limited, for the year to December 31, 2017, said that the turnover increased by 8.67 percent to 40.7 million pounds (52 million dollars) and gross profit rose by 28.01 percent with gross profit margin improving to 53.3 percent from 46 percent last year. Pre-tax profit for the year […]

Family-owned fashion company Bestseller having almost 20 brands such as Jack & Jones, Only, Vero Moda under its fold said in its annual report that net turnover for the year reached 3.3 billion euros, representing an increase of 3.3 percent and a result before tax of 387 million euros, a rise of 14.9 […]

New York – The battle that has two of the major apparel industry players in Australia is about to take yet another turn. Earlier this week, Premier Investment’s Solomon Lew said in an interview that the company he heads “has no interest in making a takeover bid” for competitor Myer. It’s worth recalling […]

Caleres, for its third quarter reported consolidated sales of 775.8 million dollars compared to 774.6 million dollars. The company said Famous Footwear same-store-sales were up 2.8 percent but total sales of 448.8 million dollars, down 5.1 percent as one week of back-to-school sales shifted into the […]

Marchon Eyewear is on fire, indeed. Following a series of license renewals and portfolio expansions, the American company has scored a long-term deal to manufacture and distribute glasses for Victoria Beckham worldwide. Read more: Interview -- Marchon Eyewear: exceeding objectives and expanding licenses […]

Morocco - After years of public scrutiny, it seems as if the fast fashion sector is finally beginning to shift its attention towards the issue of sustainability. No longer restricted to fashion company boardrooms, awareness surrounding sustainability has started to trickle down into the production line, […]

Global Fashion Group (GFG) reported net merchandise value growth of 22.7 percent year on year on a constant currency and 9.2 percent in absolute euro terms to 289.5 million euros, and improved profitability by 4.6 percentage points in the third quarter ended September 30, 2018. Group revenue (which […]

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