New York - As the vote by creditors to approve their plan for bankruptcy comes up, American Apparel is attempting to gain as much hold on their bankruptcy case as possible. In October, the company filed for Chapter 11 bankruptcy, and now they are asking a judge for a 90-day extension to file a reorganization […]

Despite the struggles witnessed across all the teen apparel retailers across the United States, analysts agree on one clear winner within the niche: American Eagle Outfitters. While Trefis highlights the impressive turnaround the company has achieved towards the end of the year, ‘Seeking Alpha’ crowns […]

Warmer weather, tumbling economy, sluggish consumer’s confidence recovery, poorer-than-expected Christmas sales…all adds up to the shadows pending on British high street retailers’ figures for the festive period. Market insiders recall how a year ago, there were many retailers forced to shut down right […]

Fast fashion sells. In huge, unsurmountable quantities. The fashion industry's wealthiest leaders in 2015 are those empires were built on selling affordable clothing to the masses. Leading the way is Zara founder Amancio Ortega with a net worth of 74 billion dollars. He co-founded the chain in 1975 […]

British retailers saw a healthy start of the Boxing Day sales, counting on Chinese tourists to boost the shopping spree. Experts predicted that 22 million people would have hit the stores, spending as much as 3.74 billion dollars in the day after Christmas. According to analysts, foreign shoppers and […]

The U.S. government is taking a stand against counterfeits. In a release by the American Apparel & Footwear Association, it was made clear that the U.S. government had sent a “strong warning” to Alibaba to clean up its act on counterfeits. The American Apparel & Footwear Association (AAFA) has been […]

Los Angeles - The Oak brand has been fighting very diligently to retrieve their namesake back. Although the brand was participating in a seemingly losing fight for this, it has just been confirmed that Oak NYC may not close after all. The New York-based brand is known for its cutting-edge apparel for […]

ANALYSISAbercrombie & Fitch’s struggles to keep its customers could cost the company’s a 15 percent value whip-off, according to analysts at Trefis. Trefis analysis team argues that “There can be a downside of close to 15 percent to Abercrombie & Fitch‘s (NYSE:ANF) value if its store sales and EBITDA […]

Macintosh Retail Group has filed a request for a suspension of payments with the court in Limburg, Maastricht, according to a statement published today by the company. The court is expect to rule on the request later today. The high street retail group is looking for court protection from creditors […]

Michael Kors has certainly enjoyed its time in the limelight. Filling a gap in the market, the brand appealed to millions of consumers around the world who were ready to invest in luxury brands, but not quite able to afford their high prices. But a shadow over the company has been spreading as the brand’s […]