IDScan.net will be debuting its new loss prevention solution, IDWare Profit, at the National Retail Federation: Retail's Big Show from on January 12. The annual National Retail Federation, which sees members of the retail industry meet for three days to debut new retail technology solutions and discuss […]

Madrid - The Spanish company Inditex, considered one of the world's leading fashion group, has just announced its results for the third quarter of its current fiscal year. This is the period during which the company has continued to increase its sales, accumulating to date a growth of 7.5 percent during […]

The Children's Place reported its net profit for Q3 dropped on Wednesday. Revenues grew by 0.4 percent from the same period last year. The company's net profit for Q3 was 43 million dollars, down from 50 million dollars a year earlier. Furthermore, revenues climbed to 525 million dollars. The profit […]

Fashion giant Shandong Ruyi, often considered the Chinese LVMH, has been downgraded by financial specialists Moody’s following a flurry of acquisitions. Shandong Ruyi is majority shareholder or parent company to host of global brands, including Bally, Aquascutum, Gieves & Hawkes and French Group […]

Marquee Brands is diversifying its women’s fashion division with the acquisition of leading maternity brands - Motherhood Maternity, A Pea In The Pod and Destination Maternity. In a statement, Marquee Brands confirmed that it was the “successful bidder” to acquire the intellectual property, e-commerce […]

A deadly fire at an Anaj Mandi area factory in north Delhi killed 43 people in the early morning hours on Sunday; 16 to 20 people were injured. The story sounds only too familiar: The building in a residential area of Delhi was illegally operated as a factory that made various products, including garments. […]

Retailers and fashion companies sitting on unsold stock is commonplace news. Back in 2018 reports of high street retailer H&M’s mounting inventory worth 4.3 billion dollars showed a volatile fast fashion industry struggling to reconcile expansion, high volume production and changing consumer habits. […]

Moncler CEO Remo Ruffini has played down the rumors that Moncler would be acquired by luxury conglomerate Keing, the parent company of Gucci and Balenciaga, among other world renowned luxury brands. He admitted the two firms have talked, but there was no firm deal on the table. Moncler's surged earlier […]

With the year 2019 rapidly drawing to a close, it is heartening to see that sustainability efforts by brands and retailers are not slowing down; on the contrary. The emphasis on innovative ideas for sustainable output in the fashion industry continues as brands, designers and raw material producers […]

The Conscious Fashion Campaign has officially launched following a yearlong pilot to accelerate sustainable development goals and bridge the gap between the fashion industry as it looks to support the upcoming Decade of Action. Founded by social impact entrepreneur Kerry Bannigan, the initiative in […]

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