Cherokee Global Brands’ third quarter revenues ended October 29, 2016 were 6.5 million dollars compared with 8.1 million dollars in the prior-year period. This decrease, the company said, is largely due to the expected decrease in North America revenues relating to the Cherokee Brand as the company […]

Björn Borg has announced the acquisition of Baseline Group, the current distributor of Björn Borg products in the Netherlands and Belgium (Benelux). The company said, distribution agreement for Benelux was terminated in December 2015, which was to expire in December 2019, when distribution would be […]

London - Mulberry has its sights set on becoming big in Northern Asia. The British luxury brand has signed an agreement with Challice Limited to form a new entity, Mulberry Asia Limited, to operate its business in China, Hong Kong and Taiwan. The move sees Mulberry terminating its current agreement […]

The Los Angeles-based retailer just confirmed that its 3,500 layoffs will not be happening, however the company will still suffer cuts. The basics brand has recently put into motion plans to close nine of its under-performing stores. American Apparel has put into motion a request for an order approval […]

For the first half period to September 30, 2016, Mulberry Group retail sales were up 10 percent to 55.4 million pounds (69 million dollars) with like-for-like sales up 7 percent. UK Retail sales including digital were up 12 percent and like-for-like sales increased 7 percent to 45 million pounds (56 […]

Sports Direct has said that assisted by the acquisition of the Heatons business in FY16 H2 and favourable movements in foreign exchange rates, group revenue for the 26 weeks to October 23, 2016 was up 14.2 percent to 1,637.7 million pounds (2,071 million dollars). Excluding this acquisition and on a […]

Net revenue at Lululemon Athletica for the third quarter ended October 30, 2016 increased by 13 percent to 544.4 million dollars from 479.7 million dollars in the third quarter of fiscal 2015. Total comparable sales, which includes comparable store sales and direct to consumer, increased by 7 percent […]

Karl Heinz Salzburger, Vice President & Group President of VF International plans to retire at the end of 2017. He will remain in his current position through the first quarter of 2017 when he will become a Special Advisor to the CEO, focusing on a successful transition of responsibilities in the company’s […]

Struggling LA-based fashion retailer confirmed earlier this week that it had sent notices to almost 3,500 employees warning them of potential layoffs. As reported by ‘Los Angeles Times’, American Apparel would have notified workers at three of the company’s production facilities in Southern California […]

Womenswear chain The Limited started reducing its headquarters’ staff on Tuesday, getting the industry talking about a likely sale of the business. The company, founded in the early 1960s, might shut down its corporate offices in New Albany entirely amid a slump in sales and debt pressures. Earlier […]