2016 was a year of uncertainty, economic instability, and a tectonic shift of plates when it came to politics. The outcome of the EU referendum and the US election means the outlook for 2017 isn't looking any less uncertain. Nor are the woes in Italy, the far right advancing in France and the Netherlands […]

ANALYSIS Back in June, half a year ago, Britons voted in a referendum to decide whether to leave or remain as part of the European Union. The tight result was however favourable to the ‘yes’ vote, sending global financial markets into a spin and seeing the pound plunge to its lowest level in over thirty […]

J. Crew Group Inc. approaches 2017 chased by mounting pressure to turn around a two-year sales slump to overcome an ever-growing debt. As a good chunk of the company’s two billion dollars debt becomes current in 2018, the company is trying everything in this power to revive its formerly buoyant business. […]

New York-based athletic apparel firm Yogasmoga has filed for Chapter 11 in a bankruptcy court in Manhattan, following an involuntary chapter 7 bankruptcy in November. Launched in 2013, Yogasmoga has some 50 to 99 creditors according to the ‘WWD’. The value of its assets is estimated to be somewhere […]

Los Angeles - As American Apparel has been going through the motions of their bankruptcy, the Los Angeles-based retailer has predicted closing some of its U.K. locations. As of Friday, December 23, it seems that the basics apparel company has closed most of its stores, as currently there is only one […]

London - 2016 has been kinder to some fashion companies than others, a fact that is thrown into sharp relief when looking at the top ten public fashion companies. While some fashion companies had to battle currency changes and political instability, others were faced with a slowdown in demand and struck […]

House of Fraser has officially opened its first store in China today. Located in the Sanpower Plaza, in Nanjing, the debut Chinese store sees the department store group execute the first stage of its international expansion scheme following its taken over by conglomerate Sanpower Group in 2014. The […]

On one hand, the year 2016 invited several positive and negative opinions on the role of religion v/s personal choice of clothing post France’s burkini ban furore. On the other, New York Fashion Week debuted a show by Indonesian designer Anniesa Hasibuan featuring a hijab through its every look on the […]

Destination Maternity and Orchestra Prémaman have entered into a definitive agreement to merge, creating a leading global provider of maternity apparel, children’s wear and baby hard goods. The combined company is expected to have pro forma revenues of approximately 1.1 billion dollars. Commenting on […]

Revenues in the second quarter at Nike increased 6 percent to 8.2 billion dollars, up 8 percent on a currency neutral basis. The company said global consumer demand drove revenue growth across the Nike Brand portfolio. Nike said, diluted earnings per share were up 11 percent and grew faster than revenue, […]