Caleres has announced an expansion of its international strategy. The company said, it will begin to distribute footwear in greater China, including Hong Kong, Macau and Taiwan, through a joint venture with Brand Investment Holding, a member of the Gemkell Group. Naturalizer and Sam Edelman will be […]

Bloomberg has reported that Amazon could be facing some tough competition from rival Shopify. KeyBanc analyst Josh Beck said that his company's checks and bottoms-up segment suggest that Shopify's gross merchandise volume will rival Amazon's first-party sales. Beck actually raised his 2020 revenue estimate […]

For the year to August 31, 2019, luxury shoe retailer Christian Louboutin reported 4.8 percent drop in total sales to 50.2 million pounds (62.9 million dollars). However, the company’s pre-tax profits increased by 9 percent to 1.2 million pounds (1.5 million dollars) resulting in shareholders getting […]

New York – Monsoon and Accessorize have received a lifeline from its landlords after creditors backed plans to reduce rents on 135 stores at a meeting earlier this week. The fashion chains proposed a Company Voluntary Arrangement (CVA) in late May to help its ailing finances. In a corporate release […]

Together with Ecoera, H2O-Company and Initiativa Verde, Brazilian denim specialist Vicunha has introduced a pioneering project to measure water consumption – from cotton cultivation to the end consumer. Using the obtained insights and data, Vicunha announced in a press release yesterday that it now […]

Primark, part of the diversified group Associated British Foods plc has announced through a statement that sales in the year-to-date were 4 percent ahead of last year at constant currency and actual exchange rates, driven by increased selling space but offset by a decline in like-for-like sales. For […]

Fast Retailing, the parent company of Japanese casual brand Uniqlo, has pledged to eliminate the use of unnecessary plastic throughout its supply chain and to reduce the amount of single-use plastic handed to customers by 85 percent, or around 7.800 tons annually, by the end of 2020. Stores in 12 countries […]

L’Oreal has confirmed that it has entered into an exclusive negotiation with the Clarins Group to acquire the Mugler fragrance and fashion businesses, as well as the Azzaro fragrance brand and accessories. The move, which it said remains “subject to consultation” will be completed later this year, is […]

Employees of the luxury lingerie label La Perla have gone on strike in protest of the company’s potential plans to cut at least 100 roles from its headquarters in Bologna, according to Fashion Network. Currently, the label has 430 employees — this cut would affect about one quarter of the brand. At […]

Fast Retailing Co., the parent company of Japanese casual brand Uniqlo, has signed a global partnership with UN Women to promote women’s rights and empowerment in the apparel industry. The two-year joint project will focus on three areas: promoting women’s career progression by providing leadership […]

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