R21 Holdings, Inc., the parent company of rue21, has announced that Bank of America Merrill Lynch has increased rue21's line of credit to 145 million million dollars. In making today's announcement, Michael C. Appel, chairman of the board of Rue21 said, "Bank of America Merrill Lynch's decision to upsize […]

London - Thomas Gibb, vice president of product development for Stuart Weitzman has filed a lawsuit against Tapestry Inc, owner of Stuart Weitzman following allegations of sexual harassment by former creative director Giovanni Morelli. The executive claimed in a lawsuit filed in a Manhattan state court […]

Exports of Swiss watches ticked ahead nearly 14 percent in April, trade figures showed Tuesday, aided by strong demand from prime market Hong Kong. "After a relatively calm March, growth moved ahead strongly in April," the Federation of the Swiss Watch Industry said, noting exports for the first four […]

While there is no denying the mind blowing star power of Kering's Gucci, which posted a 49 percent sales growth last year, it has been dethroned as Kering's fastest growing brand. That crown now belongs to Balenciaga designed by Demna Gvasalia. Business of Fashion confirmed the news earlier this week […]

With the General Data Protection Regulation (GDPR) coming into effect this morning, every single business that works with personal data has had to update their users on how they gather, manage and store their information. While the main aim of the privacy regulation is to usher in a new set of digital […]

The growth of British shoe brand Clarks, makers of the eponymous desert boot, is due to increasing its manufacturing in the UK. Despite posting a loss of 31.3 million pounds for the year ending January 31st, the company has reduced its products sold at discount and promotion times to focus on full price […]

ISKO has become the first Turkish manufacturer to become a signatory member of the ZDHC Foundation. The denim mill joins the ZDHC Foundation as it continues to push forward its Responsible Innovation strategy. The move sees ISKO joining forces with the other 94 ZDHC contributors, which includes brands […]

Carven isn't in the money. The Paris-based brand and its parent company Société Bérange have filed a voluntary petition with the Commercial Court in Paris placing it in receivership. The motion mirrors the equivalent to chapter 11 bankruptcy here in the United States. In 2016 Carven sold a majority […]

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