In a bid to offer its customers a ‘more consistent experience’, Burberry has decided to merge its Prorsum, London and Brit lines into one Burberry label, reports WWD. The new strategy is a departure from how former CEO’s Rose Marie Bravo and Angela Ahrendts operated. Bravo, in fact, introduced the split […]

Gerard and Danielle Gerbi, founders of Gérard Darel, have acquired the brand from their financial partner and now former owner of the company, US fund Advent. After years of downward business and four months of uncertainty, the ready-to-wear high-end French brand returns to the hands of its founders […]

Italian fashion brand Fiorucci has changed hands. Lingerie expert Janie Schaffer – former CEO at Victoria´s Secret – has announced the acquisition of the brand from Japanese Itochu. As reported by ‘The Sunday Times’, the deal has been negotiated over a couple of months, with the transaction been finalised […]

New york - When you think of American Eagle, you don't exactly think of a contemporary men's wear label with pieces that usually cost a few hundred dollars. That's a thought you'd have when you think of Todd Snyder, who was bought for 11 million dollars in cash and stock by American Eagle in a deal […]

After a stellar collection at NYFW last September, Prabal Gurung is taking the next step in growing his eponymous label. The designer is focusing on finding a partner who can bring both capital and operational experience to his company. In 2009, Gurung launched his namesake label, and it slowly blossomed […]

REPORTGroup revenue of the Associated British Foods increased by 2 percent at constant exchange rates, but the company said, strengthening of sterling against its major trading currencies, particularly in the second half of the year, resulted in a decline in revenues of 1 percent at actual rates. Sales […]

Los Angeles - For the year of 2015, it’s been a rocky journey for American Apparel. Apparently, the brand’s battle is still ongoing as the company has confirmed it will be closing 13 stores as well as separating itself from its Oak Brand. Earlier last month, the brand filed for Chapter 11 bankruptcy. […]

REPORTAfter the first nine months of the year, sales at Hugo Boss are up on the previous year, although momentum slowed in the third quarter. Whereas Europe continued to post solid sales increases, Asia and America were both down. As announced in October, the company expects a currency-adjusted increase […]

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