TechStyle Fashion Group, the brand-building platform operating popular brands including JustFab, Fabletics, Savage X Fenty, FabKids and ShoeDazzle, has announced that its global VIP membership has exceeded five million active members, making it one of the largest membership-based fashion companies in […]

Ferruccio Ferragamo, chairman of Italian luxury house Salvatore Ferragamo, won't be parting ways with his beloved family namesake anytime soon. At the brand's fall/winter 2019 runway show at Milan Fashion Week, Ferragamo said, "I’m in love with this company and it’s not for sale." A sale of Ferragamo […]

Abercrombie & Fitch Co. has declared a quarterly cash dividend of 20 cents per share on the Class A common stock of the company, payable on March 18, 2019 to stockholders of record at the close of business on March 8, 2019. The company operates over 850 stores under Abercrombie & Fitch, Abercrombie […]

Timex Group is partnering up with Hong Kong-based Tappy Technologies to enable its watches to make mobile payments via Visa and Mastercard. Even non-chargeable devices will be able to be “tokenized”. The video below explains how it works: “This new product will allow brands to combine the worlds of […]

Pinterest has confidentially filed paperwork with the Securities and Exchange Commission for an initial public offering (IPO) around June, according to the Wall Street Journal. The company is seeking a valuation of 12 billion US dollars. If confirmed, Pinterest would be the latest in a series of tech […]

The board of directors of Macy's, Inc. has declared a regular quarterly dividend of 37.75 cents per share on Macy's, Inc.’s common stock, payable April 1, 2019, to shareholders of record at the close of business on March 15, 2019. Downgrading its full year outlook in January this year, the company said, […]

American footwear label Toms, best known for giving a pair of shoes to a child in need with every pair of shoes sold, is expanding its humanitarian work. After donating 5 million US dollars to organizations working to end gun violence in the United States in November, as well as encouraging Americans […]

Hudson’s Bay Company (HBC) has announced the closure of its Home Outfitters business in Canada and is performing a fleet review of Saks Off 5th’s 133 stores, with an estimate of closing up to 20 locations in the US. The company said, these actions are part of the company’s strategic plan to reduce costs, […]

Announcing its financial results for the fourth quarter and full year, Gildan Activewear Inc. said strong performance in the fourth quarter reflected an increase of 16 percent in GAAP diluted EPS and an increase of 39 percent in adjusted diluted EPS, driven by sales growth of approximately 14 percent […]

Tapestry, Inc. has declared a quarterly cash dividend of 3375 cents per common share. The company said in a statement that this dividend is payable on April 1, 2019 to shareholders of record as of the close of business on March 8, 2019. Announcing its second quarter results at the beginning of this […]

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