US retail giant Amazon has moved past hi-tech titans Apple and Google to become the world's most valuable brand, a key survey showed Tuesday. The brand value of Amazon surged by 52 percent to 315 billion USD, global market research agency Kantar said in its 2019 100 Top BrandZ report. Amazon jumped […]

For its third quarter to May 4, 2019, Ascena Retail Group, Inc. reported a GAAP loss of 1.20 dollars per diluted share compared to 20 cents in the year-ago period. The company said adjusted loss for the quarter was 26 cents per diluted share compared to 8 cents per diluted share in the year-ago period. […]

After shuttering Lord & Taylor, selling off Gilt, and working to keep Saks competitive in an increasingly crowded retail field with more luxury e-commerce players popping up, Hudson's Bay Co. is now considering going private. Richard Baker, the executive chairman of Saks, is now leading a bid to take […]

Israeli apparel company Delta Galil is expanding its presence within the intimates and swimwear categories. The global manufacturer, whose existing portfolio includes 7 For All Mankind, Splendid and Ella Moss, has announced that it will acquire the Bogart Group in the beginning of Q3. The Bogart Group […]

Alibaba, one of Amazon's biggest global competitors and one of the biggest online marketplaces, has selected China International Credit Corp. and Credit Suisse to lead their initial public offering. The news was reported by Business of Fashion. Alibaba is in talks with other investment banks to be part […]

New York - A recent study by the International Trademark Association (INTA) analysing the purchasing behaviours of Generation Z – people aged between 18 and 23 – has found that affordability trumps morality when it comes to counterfeits. The study surveyed hundreds of consumers within the Gen Z generation […]

If anyone was thinking to purchase Chanel from the Wertheimer family, they can try again, unless they have 100 billion euros lying around. LVMH has expressed interest in purchasing what appears to be the most profitable luxury fashion house in the world after the death of their legendary artistic director […]

London - When you think about collaboration in fashion, you might think of Supreme’s collab with Jean Paul Gaultier, or Palace X’s with Polo Ralph Lauren. But the idea of collaboration, in a broader sense, is proving to be an increasingly crucial factor for businesses to consider when pushing sustainability. […]

Sustainability has become not just a buzzword but brands, retailers and innovative companies are also following through, coming up with original and sustainable products, production processes and recycling or resale options. FashionUnited has put together ten such efforts that were announced in the […]

ANALYSIS New York – In March, news broke on LVMH's project AURA, an application of the blockchain aimed at ensuring fashion and luxury goods authenticity verification at scale. This move positions the world’s largest luxury goods group as the first company to look into blockchain technology applied […]

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