Asian leading publishing house SCMP Group is venturing beyond media with the acquisition of The publisher of the century-old South China Morning Post newspaper is reported to have agreed to pay over 5.12 million dollars for the Hong Kong-based online retailer. As reported by Chinese media, […]

American clothing brand Brooks Brothers entered China 12 years ago. Now, the US' oldest retailer plans to expand its operations in Greater China and has thus formed a joint venture with the Walton Brown Group, a subsidiary of The Lane Crawford Joyce Group, Asia's premier fashion retail and brand management […]

New York - Thom Browne has just made history as the first U.S. designer to enter a deal with Woolmark Co. Under the deal, the designer will use Cool Wool in both his men's runway and commercial item pieces. Browne, whose claim to fame includes cropped suit pants for men, will be using exclusively Australian […]

Just a couple of weeks after announcing its relationship with Target is coming to an end, Cherokee Global Brand has gone shopping. The California-based group has acquired Flip Flop Shops, a franchise retail chain that offers the latest styles of flip flops, casual footwear and accessories. In 2014, […]

American Apparel filed for bankruptcy, Gap continues to disappoint and now Uniqlo is the latest in a string of casualties caused by the evolving US apparel landscape. Fast Retailing, Uniqlo’s parent company, has big plans to become the largest apparel retailer in the world – and expansion into the US […]

REPORTWolverine Worldwide, for the third quarter ended September 12, 2015 said that adjusted diluted earnings per share were 0.48 dollar, in line with guidance, compared to an adjusted 0.63 dollar per share in the prior year. Reported diluted earnings per share were 0.44 dollar, compared to 0.57 dollar […]

REPORTItalian accessories company Furla reported a revenue rise of 30 percent to 151. 5 million euros (172 million dollars) at average exchange rate, in the six months to June 30, 2015 against the same period last year. Like-for-like sales increased 22 percent and accounted for 65 percent of total revenues. […]

REPORTDuring the year to August 31, 2015 the Asos Group delivered total revenue growth of 18 percent, comprising retail sales, delivery receipts and third party revenue. The company said that retail sales grew to 1,119.9 million pounds (1,732.5 million dollars), driven by strong product, delivery proposition […]




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