San Francisco-based company Charlotte Russe recently got a downgrade for its loans. The fashion retailer was downgraded from Moody’s, an investors service known for company research and investing information. Charlotte Russe’s senior secured loans that were due 2019 were downgraded by the investors […]

Sir Paul Smith has shared in a 3.1 million pound dividend despite a fall in sales and profits at his eponymous fashion empire. The 69-year-old clothing pioneer split the payout with his Japanese licensee, Itochu. Itochu owns 40 percent of Paul Smith, although a source at the company said the dividend […]

When Kris Van Assche was designing the new Dior menswear collection, he had a very specific person in mind, he told AFP Saturday as it debuted on the Paris catwalk. "It's a young Parisian who creates a skate park in the 800-square-metres (8,000-square feet) apartment he lives in a (historic) Haussmannian […]

China's Internet users -- already by far the world's most numerous -- rose to nearly 700 million last year, authorities said Friday, more than twice the population of the United States. Beijing imposes strict controls on online content, while e-commerce is a vital part of its efforts to transform the […]

Florida-based Boston Proper is no longer the property of Chico’s FAS Inc. Los Angeles-based firm Brentwood Associates recently acquired the women’s fashion brand from Chico’s in an agreed business transaction. Boston Proper currently sells sensible chic clothing including blouses, pants, knit tops, […]

London - American mid-market conglomerate Perry Ellis International is considering a sale of its womenswear business, according to company execs on Tuesday. The apparel giant is looking to sell its Laundry by Shelli Segal and Rafaella labels, chairman George Feldenkreis has told the New York Post. Their […]

The University of Illinois' Division of Intercollegiate athletics has announced today that they will be extending their partnership with Nike through the 2025-2026 school year. For the past two decades, Nike has been the exclusive partner of UI's Division of Intercollegiate Athletics. The latest contract […]

In view of rising wages of garment workers in China and thus apparel companies leaving and investing in other countries, could Sri Lanka's garment industry scoop up some of China's business? This was one of the questions posed at the Sri Lanka Economic Forum 2016, which took place on January 7 and 8 […]

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