ANALYSISNew York - The terrible enfant of French fashion and the Swiss group - the world’s third luxury player by capitalisation - have announced a collaboration. Richemont thus prepares himself to face an increasingly fierce competition to dominate the luxury fashion and accessories industry. At a […]

Miuccia Prada, the co-CEO and creative director of Prada, will be selling her Milan stores to the parent company of the brand, Prada SpA, for 66 million euros. The holding company in question is actually controlled by Prada Bianchi herself. The stores being sold include Prada's first ever store, which […]

Crocs, Inc., for its third quarter, said, Revenues were 312.8 million dollars, growing 19.8 percent over the third quarter of 2018 or 21 percent on a constant currency basis. The company added that net income was 35.7 million dollars, up from 6.5 million dollars in the third quarter of 2018, while adjusted […]

Nike has reached a definitive agreement to sell American surf apparel and accessories brand Hurley to Bluestar Alliance LLC. Terms of the transaction, which is expected to be completed in December, have not been disclosed. "We appreciate how Bob and the Hurley team have built Hurley into the world's […]

Online fashion giant Zalando has committed to a net-zero carbon footprint across its own operations, deliveries and returns. The German retailer announced a number of initiatives on Tuesday as part of a new “do.More” sustainability strategy, including meeting the goals of the Paris climate agreement […]

For the third quarter of 2019, Steve Madden said, net sales increased 8.5 percent to 497.3 million dollars, while gross margin was 38.4 margin compared to 38.2 percent in the same period last year, an increase of 20 basis points. Net income attributable to Steven Madden, Ltd. was 52.5 million dollars […]

Four Paws, the global animal protection organisation, has just launched a detailed guidebook to assist brands in understanding how they can transition their wool supply chain away from mulesed sheep wool and provides an overview of the available wool assurance initiatives. Titled ‘Transitioning away […]

Luxury accessories designer Paula Cademartori has bought her brand back from holding company OTB. OTB was founded by Renzo Russo, and is also the holding company for Diesel, Maison Margiela, and Viktor & Rolf. The company first invested in the Paula Cadermatori label in 2016. “I would like to thank […]

Maternity and babywear specialist Mothercare has called in advisors from accountancy firm KPMG to discuss options for the company, a move that raises concerns for the future of 2,500 employees across 79 stores. A Mothercare spokesperson said: “Our immediate priority is to complete the transformation […]

Arcadia has reportedly separated the logistics operations for Topshop and Topman from the rest of the group’s fashion brands. The Philip Green-owned group has opened a new automated warehouse dedicated to processing orders for Topshop and Topman in Daventry, Northamptonshire, according to The Times. […]

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