Sportswear giant Nike has acquired Tel Aviv-based Invertex, a computer vision firm, as it looks to strengthen its digital technology as part of its consumer experience. Nike chief digital officer, Adam Sussman, said: “The acquisition of Invertex will deepen our bench of digital talent and further our […]

French luxury empire LVMH on Tuesday saw its share price soar over five percent on the Paris stock exchange after it reported strong global growth for the first three months of 2018. The group, which owns the Dior and Louis Vuitton fashion houses as well as the Moet & Chandon champagne brand and high […]

Tailored Brands, Inc. has officially announced a refinancing for its existing Term Loan due June 2021. The company confirmed on April 9 that the loan's maturity would be extended until April 2025. The loan has been refinanced and its maturity extended in order to help overall enhance the company. "We […]

Men's clothing line Haggar Clothing Co. just made an announcement regarding a new purchase. The company recently purchased assets of menswear company Kizan International Inc.. Kizan International currently houses label Louis Raphael, which now belongs to Haggar Clothing Co. under this new acquisition. […]

Although Differential Brands Group has an impressive portfolio of brands, the company hasn't necessarily translated those emerging labels into a success story. It seems that according to results from 2017, the company has overall seen a net loss. The company had a net loss of 2.5 million dollars in […]

London - The United Nations Committee on Economic, Social and Cultural Rights has urged the government of Bangladesh to fight for decent wages for all workers, revise its labour laws and to speed up the adoption of its national employment injury scheme. After the Committee reviewed the self-assesments […]

Star designer Hedi Slimane has won an 9.3 million euro (11.5 million dollars) settlement from the luxury group Kering in a court judgement which lifts the lid on how much fashion's big names are paid. Court documents seen by AFP Friday show that the "Sultan of skinny", famed for his skinny jeans look, […]

Montreal-based fashion site Ssense has acquired social-commerce website, Polyvore, from Oath Inc. a subsidiary of Verizon Communications, and has confirmed that it will be shutting down the site with immediate effect. On the Polyvore blog the website stated: “Ssense will welcome our Polyvore community […]




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