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: […]

L'Oreal, the world's biggest cosmetics company, said Tuesday it enjoyed its strongest sales growth in more than a decade, thanks in part to luxury skincare products. Coming in at nearly 19.9 billion euros (22.6 billion USD) in the third quarter, sales rose by 6.8 percent on a like-for-like basis that […]

Fashion conglomerate Chesterfield has announced the launch of their new 'Belligerent' line which is aimed at today’s youth who want to “celebrate their self-motivated confidence.” A brainchild of Austin Tomasello, the line aims to take Chesterfield towards a more mainstream audience. The announcement […]

Menswear brand Jos. A. Bank has announced the expansion of its custom suiting and dress shirt programs to include the TravelTech brand, essentially a thermostat built into a suit. The new collaboration adds the benefit of performance fabrics to personalized tailored suits, sport coats and dress shirts. […]

VF Corporation announced today that it has completed the sale of the Reef brand to The Rockport Group, the footwear company owned by private equity firm Charlesbank since August. Reef joins Rockport, Aravon and Dunham in The Rockport Group’s portfolio of brands. The terms of the agreement were not disclosed. […]

New York - Muslims spent fashion at 270 billion dollars in 2017, according to the Global Islamic Economy Report 2018/19 estimates. Muslim spend on clothing is forecast to reach 361 billion dollars by 2023. The Dubai Islamic Economy Development Centre (DIEDC) has just published the results of the report […]




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