Sometimes reviving a fashion label is akin to flogging a dead horse. After struggling for eight years to turn German sporting goods brand Puma into a success, its parent company Kering is rumoured to be considering selling off its majority stake and shedding the brand from its portfolio. This comes […]

REPORTRalph Lauren Corporation has reported net income of 184 million dollars, or 2.13 dollars per diluted share, for the second quarter of fiscal 2016. This compared to reported net income of 201 million dollars, or 2.25 dollars per diluted share, for the second quarter of fiscal 2015. Earnings per […]

While surf brand Quiksilver is attempting to turn things around since their filing for bankruptcy, Oaktree Capital is looking to step in. The Los Angeles-based investment firm is seemingly settling up to buy Quiksilver Inc. out of bankruptcy. Quiksilver filed with the U.S. Bankruptcy Court in September […]

Italian fashion brand Fiorucci has changed hands. Lingerie expert Janie Schaffer – former CEO at Victoria´s Secret – has announced the acquisition of the brand from Japanese Itochu. As reported by ‘The Sunday Times’, the deal has been negotiated over a couple of months, with the transaction been finalised […]

New york - When you think of American Eagle, you don't exactly think of a contemporary men's wear label with pieces that usually cost a few hundred dollars. That's a thought you'd have when you think of Todd Snyder, who was bought for 11 million dollars in cash and stock by American Eagle in a deal […]

After a stellar collection at NYFW last September, Prabal Gurung is taking the next step in growing his eponymous label. The designer is focusing on finding a partner who can bring both capital and operational experience to his company. In 2009, Gurung launched his namesake label, and it slowly blossomed […]

In a bid to offer its customers a ‘more consistent experience’, Burberry has decided to merge its Prorsum, London and Brit lines into one Burberry label, reports WWD. The new strategy is a departure from how former CEO’s Rose Marie Bravo and Angela Ahrendts operated. Bravo, in fact, introduced the split […]

Los Angeles - For the year of 2015, it’s been a rocky journey for American Apparel. Apparently, the brand’s battle is still ongoing as the company has confirmed it will be closing 13 stores as well as separating itself from its Oak Brand. Earlier last month, the brand filed for Chapter 11 bankruptcy. […]

Best known for its deeply discounted designer label products and home furnishing, which sell at 20 percent to 60 percent under the recommended retail price, TK Maxx has managed to maintain consumer appeal over the years, which has allowed its parent company TJX Companies to hold a strong position within […]

REPORTColumbia Sportswear Company announced record net sales of 767.6 million dollars for the quarter ended September 30, 2015, an increase of 14 percent (18 percent constant-currency), compared with net sales of 675.3 million dollars for the same period in 2014. Net sales through the first nine months […]

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