London - Kit and Ace, the apparel brand launched by the wife and son of Lululemon Athletica founder Chip Wilson, has let go of 10 percent of head office staff. The start-up company stated it axed 35 roles at its headquarters in Vancouver, Canada last Thursday, as the company slows down its expansion […]

While retail sales in winter tend to be slow, the Valentine's Day period often proves to be a time of positive uptick for companies sales. Luxury lingerie brand Triumph happens to be one of those companies that sees a spike in sales during this holiday period. The brand, which dates their history back […]

Shoe retailer DSW announced today that the company is planning to acquire Ebuys Inc., an international e-commerce footwear retailer. The transaction is a way for the DSW brand to grow its market globally and domestically within the footwear market. Ebuys Inc. is heavily prominent in North America, Europe, […]

Swedish fast fashion giant H&M reiterated on Friday that it will or has cut ties with suppliers who use cotton from Turkmenistan or Syria. This was in response to an inquiry by Swedish news agency TT claiming that H&M and Inditex, owner of rival Zara, were linked to the Turkmenian sub-contractor Turkmenbasji […]

The sport and fashion market is gearing up to further establish their presence via online applications. This week fitness app Runkeeper was acquired by Japanese sportswear giant Asics for around 85 million dollars, although terms were not disclosed. Asics said Runkeeper will become a subsidiary and […]

Rapper and fashion designer Kanye West, is seeking for Facebook’s Founder and Chief Executive Officer Mark Zuckerberg’s investment. West is asking the social network’s CEO to invest one billion dollars into his “ideas.” Kim Kardashian’s husband has – according to his own accounts – put of millions into […]

Twenty companies in the Prato garment and textile district, the oldest in Italy, have joined the Greenpeace Detox campaign, the environmental organisation announced on its blog on Thursday. The Detox campaign supports brands in removing toxic chemicals from their supply chains and in tackling water […]

London - US fashion retailer Gap is currently under fire for reportedly enforcing a number of financially planned steps to diminish its tax bill in the UK. According to Evening Standard, Gap has paid nearly no corporation tax, once rebates have been taken into account, since 2011 in spite of generating […]

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