Abercrombie & Fitch has entered into a wholesale agreement with Asia's online fashion destination, Zalora. A statement from the company said, starting next week, Zalora will offer Hollister merchandise through its online stores, followed by Abercrombie & Fitch product launching later this month. "We […]

Danish menswear brand Jack & Jones, part of the Bestseller group, has announced a new “strategic path” to help unify the brand following disappointing sales. The new strategy will see the menswear label working as one brand, rather than as seven independent organisation within the one brand. The move […]

Leather workers from numerous Louis Vuitton ateliers in France staged a rare strike on Wednesday to demand more wage increases. It was the first time the brand's workers have striked in 15 years. Between 7:30 and 8:30 a.m., workers gathered just a day before their annual salary negotiations were to […]

L Brands reported net sales decrease of 7 percent to 951.4 million dollars for the five weeks ended April 1, 2017, compared to net sales of 1.027 billion for the five weeks ended April 2, 2016. The company said, comparable sales for the period decreased 10 percent and were negatively impacted by the […]

Payless ShoeSource announced that they have filled for chapter 11 bankruptcy on less than 1 billion dollars in assets and 10 billion dollars in liabilities, and will immediately close 400 stores. Payless has been in negotiations with lenders and at one point closed 1000 stores as part of a restructuring […]

American-made menswear label Mizzen+Main has announced that it has received a “significant growth investment” from L Catterton, the largest consumer-focused private equity firm in the world. Specific details of the amount of investment have not been disclosed, just that the private equity firm was the […]

Delta Apparel has confirmed the competition of its sale of vintage-inspired, licensed graphics T-shirt business, Junk Food Clothing Company to JMJD Ventures for 28 million dollars. The asset sale includes 25 million dollars in cash at closing, with promissory note payments due between June 30, 2017, […]

UPDATE London - Kate Spade & Co. is said to need more time to mull over Coach's take over bid. The latter reportedly made an offer to take over the US premium handbag label last week, although it remains unclear how much Coach has offered. By taking more time to go over the sale process gives potential […]




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