Asics has announced it's ending their 25 year sponsorship of the TCS New York City Marathon after the 2016 race. The athletic retailer will be replaced by their competitor New Balance. The move was called a "strategic business decision" in a statement by Gene McCarthy, the newly instated president and […]

Gap was once seen as the ultimate American brand for fashion basics, but over the years the US retailer has struggled to hold consumer interest as attention for its denim jeans and fleece pullover waned. Now with increasing competition from fast-fashion retailers, Gap's popularity is fading fast and […]

REPORTAfter Peter Ruis joined iconic label Jigsaw as its Chief Executive Officer, the company had set a target of achieving 100 million pounds (150.6 million dollars) in sales this year and 120 million pounds (180.7 million dollars) or 130 million pounds (195.8 million dollars) in the next two or three […]

JD Sports Fashion, sighting continuation of strong trading period has said that it expects profit before tax and exceptional items for the current financial year to exceed current consensus market expectations of 125 million pounds (189.1 million dollars) by 10 million pounds (15.1 million dollars) […]

REPORTFor the third quarter ended October 31, 2015, New York & Company said net sales were 219.8 million dollars, as compared to 210.3 million dollars in the prior year. Comparable store sales increased 4.9 percent and total net sales increased by 4.5percent. “We are pleased to continue our positive […]

REPORTAmerican Eagle Outfitters posted EPS from continuing operations of 0.35 dollar for the third quarter ended October 31, 2015, a 59 percent increase from adjusted EPS of 0.22 dollar for the comparable quarter last year. Commenting on the company’s performance, Jay Schottenstein, Chief Executive […]

REPORTG-III Apparel Group for the third quarter of fiscal 2016 ended October 31, 2015 reported net sales increase of 12 percent to 910 million dollars from 812 million dollars in the year-ago period. “We are pleased to report a strong third quarter. Our organic sales and profit increase clearly differentiate […]

New York - Alibaba is working on their European strategy. The e-commerce company is opening offices in Munich and Paris. Terry von Bibra will carry the title of Managing Director of Alibaba Group Germany, and Sebastien Badault will carry the same title for France. The idea behind the expansion is to […]

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