London - In spite of Boohoo.com plc recent acquisitions of Nasty Gal and PrettyLittleThings, the fashion company aims to continue operating its brands as separate entities and ensure each brand retains its core identity. The move comes after the Manchester-based etailer acquired PrettyLittleThingd in […]

After just launching a new activewear collection, Rue 21 may be next in line to file for bankruptcy. According to financial sources, the brand has been listed as a potential company headed towards Chapter 11 bankruptcy. According to Fitch Ratings Agency, the retailer was considered “at risk” as a company […]

Greats, the Brooklyn-based digitally native, direct-to-consumer sneaker company, has announced a 10 million dollar Series B round of financing. JH Partners led the round with participation from new and existing investors including Resolute Ventures, retired NFL star Adrian Wilson, Eric Zinterhoffer […]

UPDATE London - Operations have been suspended in nine Alliance for Bangladesh Worker Safety (Alliance) factories following the four year anniversary of Rana Plaza, the most deadly accident in the garment industry. In addition to the suspension of nine factories, ten additional Alliance-affiliated factories […]

OPINIONIn the wake of the fourth anniversary of the Rana Plaza tragedy in Bangladesh, ultimately the question comes up if the garment industry has changed since then and if yes, what has changed. This is a tricky question to answer as not all changes are tangible and as a reporter who has followed the […]

American accessories giant Coach is in the running to buy the Jimmy Choo luxury shoe business for a reported 1 billion pounds. The New York-based brand has been eyeing luxury companies since it stalled its takeover for Kate Spade and a failed attempt last year to buy Burberry for 20 billion pounds. […]

Apparel company Kit and Ace is undergoing some hardships in the current retail climate. The company is experiencing layoffs as well as closures for some of its international stores including locations in the U.S., U.K., and Australia. Two of the brands stores in the U.K. have already closed, according […]

CVC Capital Partners of Britain announced that they have acquired a majority stake in luxury watch company Breitling SA. Breitling is known for their Navitimer and Breitling for Bentley collections. Theodore Schneider, majority owner of the company, will retain a 20 percent stake by means of a reinvestment. […]

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