British fashion retailer Joules has a good year ahead after reporting sales for the six weeks to January, 3 up by 11.3 percent year-on-year. More stores openings and a relaunched website have been the main growth engines. “We’ve invested a lot in fast turnarounds. We look at things slightly differently […]

Los Angeles - A 200 million dollar bid is now out for American Apparel. After undergoing numerous ups and downs for 2015, the SoCal retailer received a possible offer from an undisclosed source. As the company recently announced that they would be seeking a 90-day extension for their bankruptcy filing, […]

Hudson Bay, owner of brands such as Lord & Taylor, Saks Fifth Avenue, and Saks Off 5th, has announced the acquisition of Gilt Group Holdings Inc. for 250 million dollars. As advanced by both companies Thursday, the Toronto-based retailer will at the same time integrate the online company into some of […]

IN DEPTH It is the end of an chapter for British high street department store group Marks & Spencer, as Chief Executive Officer Marc Bolland threw in the towel today with the announcement of his impending retirement. In spite of previous news sources indicating that Bolland intended to remain at the […]

Marks & Spencer's Chief Executive Officer, Marc Bolland, has announced his surprise retirement today from the high street department store group, following disappointing third quarter results regarding a larger than expected decline in clothing sales. Bolland indicated his wish to retire from his role […]

REPORTMacy’s comparable sales on an owned plus licensed basis declined by 4.7 percent in the months of November and December 2015 combined, compared with the same period last year. On an owned basis, comparable sales declined by 5.2 percent in the combined period. After the disappointing results, the […]

ANALYSISNext has kicked off the year with a disappointing Christmas sales report and a very little excuse: the weather didn´t accompany so shoppers weren´t inspired to buy the seasonal clothing ranges. The British retailer reported Tuesday revenue that missed analysts’ estimates, and, consequently, […]

LVMH has joined forces with investment firm Groupe Arnault - the family holding company of Bernard Arnault - and consumer-focused private equity firm Catterton to create L Catterton, a consumer-focused private equity firm. L Catterton will couple Catterton's buyout expertise with LVMH's global presence […]

Fashion is an ever-changing industry. Companies who dominate the global fashion industry today, need to keep pace with, and even capitalize on changes. In a highly competitive environment, business analytics and market intelligence are must-have tools. FashionUnited took a closer look at the largest […]

Troubled Marc Bolland faces a dire start of the New Year as pressure mounts up due to an expected poor Christmas trading at Marks & Spencer. City fears Britain's biggest clothing retailer will report a decline of as much as 5.5 percent over the third quarter in 'general merchandise' sales. City experts […]