It's a jewelry heist. WWD has reported that two warmed thieves made off with over 1 million euros worth of Audemars Piguet watches from the brand's boutique in central Paris just a few minutes away from the Avenue de Champs-Elysées. Authorities are searching for two individuals who left the store located […]

Estée Lauder Cos. Inc. (EL) announced Monday earnings and sales guidance for the first quarter and for the full year 2019. For fiscal 2019, the company expects adjusted earnings in a range of 4.62 to 4.71 US dollars per share, and 9 to 11 percent adjusted earnings growth on a constant currency basis, […]

2017 was not the best financial year for the Prada Group, with its main brand lagging in growth and digital relevance. Its prices were expensive, too, with little entry price points for the consumer who can’t afford its high-end, high price accessories. But a lot can happen in a year. This week Prada […]

Fashion for Good, the global initiative to make the fashion industry more innovative and sustainable, is launching the world’s first toolkit on the product development of Cradle to Cradle (C2C) certified denim and materials. The guide includes lessons learned by fast fashion brand C&A while developing […]

Gap Inc has announced plans to expand “This Way Ahead”, an on-the-job training program aimed at 16 to 24 year-olds from low-income households. The company aims to extend the program from 15 to 53 cities in the US, Canada, Japan and UK, until the end of the year. Launched in 2017, the initiative is part […]

After partnering up with Microsoft to incorporate artificial intelligence in its business and setting up a retail data academy to step up its employees’ “data literacy”, Marks & Spencer has taken one more step towards becoming a more digital-savvy retailer. This time, it has joined forces with cloud […]

Threads of Apollo – an online apparel company whose purpose is to provide premium, luxury full-grain leather jackets to its customers, without the costly retail markup – has announced the launch of their new line in time for the approaching fall/winter. Following the success of the company's Kickstarter […]

Everything's coming up nothing for Randa. Perry Ellis has announced they have ended talks with the accessories maker about a potential deal to be bought by them. Instead, Perry Ellis will be sticking with the original offer by its second-largest shareholder and founder George Feldenkreis as reported […]

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