Tory Burch is expanding its beauty offerings. The American lifestyle brand has formed a long-term licensing partnership with Japanese cosmetics company Shiseido. Beginning January 1, 2020, Shiseido will have the exclusive license to develop, market and distribute Tory Burch beauty brands worldwide. […]

Footwear player Steve Madden has announced the acquisition of privately held Greats Brand, Inc., a native footwear brand specializing in premium sneakers made in Italy. Commenting on the development, Edward Rosenfeld, Chairman and Chief Executive Officer of Steve Madden, said in a statement: “We see […]

L Brands, Inc. has declared its regular quarterly dividend of 30 cents per share payable on September 6, 2019 to shareholders of record at the close of business on August 23, 2019. The company said in a statement that this is its 179th consecutive quarterly dividend. L Brands, through Victoria’s Secret, […]

Farfetch announced on Thursday that it has purchased 100 percent of New Guards Group, the Milan-based parent company of brands including Off-White, Palm Angels, Marcelo Burlon County of Milan, Unravel Project, Heron Preston, and more. The online retail platform has fully acquired the company, which […]

The Milan-based New Guards Group, parent company to a portfolio of much-hyped streetwear brands including Off-White, Palm Angels and Marcelo Burton County of Milan, has a new owner: Farfetch. The news came as the British and Portuguese-based retail marketplace announced its second quarter results this […]

Iconix Brand Group, Inc., for the second quarter, reported total revenue of 34.4 million dollars, a 31 percent decline, compared to the second quarter of 2018. The company said, such decline was expected, principally as a result of the transition of Danskin and Mossimo direct to retail licenses in women’s […]

Nike, Inc. has declared a quarterly cash dividend of 22 cents per share on the company’s outstanding Class A and Class B Common Stock payable on September 30, 2019 to shareholders of record at the close of business September 3, 2019. The company recently announced that its fourth quarter revenue increased […]

In the second quarter, currency-neutral revenues at Adidas Ag grew 4 percent, while revenues at brand Adidas were up 4 percent, driven by a high-single-digit increase in Sport Inspired. In euro terms, the company’s revenues grew 5 percent to 5.509 billion euros (6.18 billion dollars). Adidas said, net […]

ANALYSIS New York –British online fashion retailer Boohoo plc. announced earlier this week it had made an offer to buy “the online business of renowned British brands Karen Millen and Coast, together with all associated intellectual property rights.” Boohoo has bought the online business and all associated […]

Capri Holdings Limited’s total revenue of 1.346 billion dollars increased 11.9 percent in the first quarter compared to last year, while on a constant currency basis, total revenue increased 13.8 percent. The company said, net income was 45 million dollars or 30 cents per diluted share compared to 186 […]

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