Licensing and operations for the BCBG brands are returning to Marquee Brands, which owns both BCBG Max Azria and BCBGeneration. Previously, licensing for both brands was controlled by Centric Brands, which has filed for bankruptcy this week. Marquee Brands will continue operations of wholesale and e-commerce […]

Denim company G-Star Raw has put the Australian extension of their company into administration putting 57 stores and 200 jobs at risk. G-Star Raw, which is based in The Netherlands, has named Ernst & Young's Justin Walsh, Stewart McCallum and Sam Freeman as administrators. Walsh told local news sources […]

Licensee company Centric Brands has filed for bankruptcy. The company is best known for making goods for major brands including Tommy Hilfiger, Under Armour, and Calvin Klein. Centric has secured 435 million dollars in debtor in possession financing from Blackstone, Ares Management, and HPS investment […]

Mongolia, a leading supplier for global cashmere, has seen demand for its luxury fibers plummet during the coronavirus pandemic. Sales fell near 70 percent as Chinese traders and Western shoppers have been isolated and businesses and factories closed. Khatant International, a Mongolian wool processor, […]

Roberto Cavalli has confirmed that the brand's Tuscan headquarters in Osmannoro will be closing and all 170 employees will be relocating to Milan. The transfer procedure for employees will begin starting September 1. Despite what seems like an amicable move, unions are complaining that Roberto Cavalli […]

As coronavirus continues to impact the economy, here we go again with another round of layoffs and furloughs. Rag & Bone has laid off an unspecified number of employees, including both retail and corporate workers. The remaining staff has been furloughed. The layoffs have the greatest impact on U.S. […]

The havoc that coronavirus is wreaking on the economy is being felt as companies lower their yearly projections and people file for unemployment claims in unprecedented numbers. The fashion industry is not immune to the effects of this, with companies furloughing employees left and right, CEO’s taking […]

In this age of self-startups and e-tailers, the possibilities to carve out your own career in fashion have never been greater. From product design to seamstress and pattern maker, sales manager and PR/Social media account director, the choices of working in fashion are vast. However, a career in fashion […]

Under Armour's sales took a major hit due to the coronavirus pandemic. The company lost 600 million dollars during the first quarter with stores being shuttered. While some states in the U.S. and countries across the globe have begun lifting coronavirus lockdown restrictions, a rebound for the company […]

Department store chain J.C. Penney is expected to file for bankruptcy as early as this weekend, according to Reuters. The troubled retailer is expected to close 200 of its 850 locations, and is the latest in a string of store groups and brands facing financial dire straits during the pandemic. The filing […]

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