ANALYSISIf the now so-called ‘Brexit effect’ has affected a single brand in a positive way that is Jimmy Choo.The designer shoemaker has secured record sales last year and celebrated extraordinary growth in its menswear division. Luxury shoe and fashion accessory retailer Jimmy Choo PLC (CHOO.LN) Thursday […]

INTERVIEW Born in Lancaster, Pennsylvania, Chana Rachel Weinberg’s love for fashion began at the age of 15 when she could not find clothes that fit her fuller body type. That’s when she got a sewing machine and started stitching clothes for herself. What started as a way to serve her own fashion needs […]

LVMH Moët Hennessy Louis Vuitton recorded revenue of 37.6 billion euros (40 billion dollars) in 2016, representing an increase of 5 percent over the previous year. The company’s organic revenue growth was 6 percent. In the fourth quarter, revenue increased by 9 percent compared to the same period of […]

London - Alexandra Shulman is set to step down from her role as Editor-in-chief of British Vogue after 25 years. She will officially leave the fashion magazine in June and aims to create a future which is separate from the publication. "I have edited British Vogue for 25 years almost to the day, and […]

Alibaba Group Holding’s revenue for the quarter ended December 31, 2016 was 53,248 million Chinese yuan (7,669 million dollars), an increase of 54 percent compared to the same quarter of 2015. The company said, this increase was mainly driven by the robust revenue growth of its China commerce retail […]

Retailers across the U.S. are reeling from weak holiday sales, with new closures announced faster than ever. Market sources point out that big department stores are still reliant on in-store sales for revenue, but it’s online where all consumers go nowadays to do their holiday shopping. "Department […]

Although final bids are not expected until February, 10 truth is that there is already a fierce competition amongst leading investment funds to acquire control over Golden Goose. The luxury clothing group is currently controlled by the majority shareholder Ergon Capital, which in the past months has […]

London - The devaluation of the pound following the Brexit vote last year may have shaken many, but it did have one positive effect - an influx in tourists and visitor spend. The latest data from tax free shopping service Global Blue, indicates tourist spend soared 14 percent in 2016 in comparison 2015. […]

After failing to turn around the business, Wet Seal’s owner is considering to bid farewell to the teen apparel retailer. Versa Capital Management is said to be exploring either taking the company bankrupt or sell it. Wet Seal LLC is exploring liquidation or a sale, according to news reports cited by […]

Earlier this week the fashion accessories brand explained that it would pull its planned initial public offering of shares or IPO, which it originally filed in May 2013. The cancelation of its floating plans marks the latest setback for the speciality retailer. The Apollo Global Management-backed company […]