Spanish brand Mango has announced its plans to open a digital innovation center in Barcelona next year, to accelerate its e-commerce growth and develop omnichannel projects for the upcoming years. While the company hopes to inaugurate the new space, which would also host its new offices, by the beginning […]

Eyewear marker Marcolin Group, whose brand portfolio includes Tom Ford, Ermenegildo Zegna, Roberto Cavalli, and Tod’s, has announced that it is looking to strengthen its investments and presence in Asia, in response to what it is calling “renewed growth” of the optical and sunglass segments in that […]

Black Friday has traditionally been the busiest shopping day of the year, and while it has lost some ground to its sister Cyber Monday as more customers are shopping online, it still is a bank breaking day for retailers. As it traditionally kicks off the holiday shopping season, this year from November […]

Moores Clothing for Men, Canada's largest purveyor of custom tailored clothing, announces an expansion to their robust custom clothing business with the introduction of AWEARNESS Kenneth Cole custom. This collaboration with Kenneth Cole marks the second designer label to enter the custom tailored foray […]

New York - Global private equity investment firm H.I.G. Capital, LLC has announced that its portfolio company, Digital Room, LLC has just acquired workwear e-commerce firm Logo Sportswear. The deal’s price remains undisclosed. Located in Wallingford, Connecticut, Logo Sportswear is an online provider […]

Chinese e-commerce giant Alibaba Friday posted a 54 percent boost in revenue in the second quarter and saw profits rebound ahead of Singles Day, the largest shopping holiday of the year in China. Alibaba reported a net profit of 20 billion yuan (2.9 billion USD), a 13 percent year-on-year increase, […]

It has only been a month since Versace announced it was to be sold to Michael Kors' parent company Capri Holdings for a reported sum of 2.12 billion dollars. As an early indicator of change, and perhaps cost-saving measures under its new structuring, Versace is to integrate its Versus line into Versace […]

Department store chain Sears Holdings Corp. (SHLD) said Thursday that it has signed several licensing agreements that will broaden the assortment and reach of its Kenmore and DieHard brands at U.S. retailers. Terms of the deals were not disclosed. DrinkPod LLC will manufacture Kenmore branded water […]

French fashion brand Vivarte has announced that it will sell its Chevignon brand as it continues to dispose assets to cut its debt. In the Tuesday announcement the company said they would be selling the brand to the Royer company's Stephane Collaert and Thierry Le Guenic. The move comes following the […]

Sports Direct International Plc, the UK sportswear group owned by billionaire Mike Ashley, has announced that it has paid 8 million pounds (10.2 million US dollars) to buy UK retailer Evans Cycles after it fell into administration. Commenting on the Wednesday announcement in a statement, Mr Ashley said: […]

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