The expanding shadow of a global epidemic caused by the coronavirus outbreak that originated in Wuhan, China, is seeing multiple ramifications beyond the actual health threat. China and the neighbouring countries constitute the largest expansion market for luxury brands worldwide. While from LVMH to […]

L Brands is nearing a deal to sell ailing lingerie brand Victoria’s Secret to private equity company Sycamore Partners, according to a report published by CNBC on Sunday night. Quoting sources familiar with the matter, the report says the deal could be announced as early as this week. L Brands’ owner […]

“Asics succeed with StoreForce’s Retail Workforce Management tool” ASICS Case Study with Elisabeth Wouters. The Case ASICS began as an athletic footwear company founded 70 years ago in Japan, and has since become one of the world’s largest sports performance brands  with  over 200 retail […]

Burberry Group plc has said that following the coronavirus outbreak in China 24 of our 64 Burberry stores in Mainland China are closed with remaining stores operating with reduced hours and seeing significant footfall declines. “The outbreak of the coronavirus in Mainland China is having a material […]

Nike is expanding its business operations in South America through new strategic partnerships in Brazil, Argentina, Chile and Uruguay. The sportswear brand is transitioning its current operations in the region to strategic distributor partnerships, which it believes will enable a more profitable, capital […]

The year 2020 started on a good note in terms of sustainability - 19 efforts were announced by brands, retailers and other industry players in the first month of the year alone. It is heartening to see that sustainability plans - and implementing them - are still high on the agenda. Brands and retailers […]

Prada will take steps to fight racism and promote diversity under a deal struck with the city government in New York on Wednesday following controversy over its sale of monkey-like keychain figurines. The Italian fashion label was forced to apologize in December 2018 after it sparked an uproar by featuring […]

Italian luxury brand Missoni has completed the 100 percent acquisition of T&J Vestor's operative activities. Founded in 1921, T&J Vestor operates in the home furnishings and interior design sector, focused primarily on the Missoni Home brand. Vestor holds a solid international presence with showrooms […]

Tiffany & Co. Tuesday said its shareholders approved its acquisition by French luxury products maker LVMH Moët Hennessy Louis Vuitton SE or LVMH Group (LVMHF.PK, LVMUY.PK). The stockholders approved certain compensation arrangements for named executive officers in connection with the merger. The company […]

An advertisement by fast fashion retailer Pretty Little Thing has been banned for being offensive and overly sexualized. The campaign, which features scantily dressed women wearing exposing lingerie, was shown in a YouTube advertisement but banned by the Advertising Standards Authority (ASA) for depicting […]

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