Bangladesh's RMG industry is once again making headline but this time, it is not about export figures, workers' wages or safety measures. The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has taken on a very different cause - it is planning to help in recruiting autistic youths […]

New York - No one is letting Apple have the sole monopoly on the smartwatch. Swatch's CEO Nick Hayek was quoted saying to Swiss newspaper Tages-Anzeiger "Our product is called Touch Zero One and that gives enough room for Zero Five, Zero Nine. The Touch Zero One is not the end of the progression." While […]

REPORT The *Children's Place, *announcing its financial results for the thirteen weeks ended August 1, 2015 said that net sales were 366.5 million dollars including the negative impact of approximately 6.4 million dollars from currency exchange rate fluctuations. This compares to net sales of 384.6 […]

US largest family-owned department store, Belk, Inc., has been acquired by New York-based private equity firm Sycamore Partners in a deal said to be circa 3 billion dollars. Monday, Sycamore Partners announced it will get 100 percent of Belk in a deal that will pay to the department store chain’s shareholders […]

REPORT Charles Vögele's results for the first half of 2015 were suffered because of tougher operating conditions. Group net sales fell 13.3 percent to 392 million Swiss francs (419.4 million dollars) due to the negative effect of exchange rates. After adjusting for exchange rates and like-for-like, […]

Interluxe Holdings, the New York-based fashion and luxury investment firm that bought a majority stake in Jason Wu last year, has added contemporary brand A.L.C. to its portfolio. Founded in 2009 by former stylist Andrea Lieberman, A.L.C. has gained a reputation for its relaxed silhouettes, cool separates […]

Apparently suing high end fashion brands is all the rage right now. First Jeremy Scott, and now Ralph Lauren. A patent designer has filed an infringement lawsuit in a Texas federal court alleging Ralph Lauren Corp. knocked off his design for a handbag with an interior that illuminates and can also charge […]

Alibaba has launched an initiative to support emerging designers. The online market platform will be selling the work of Fashion Institute of Technology graduates and other emerging designers as they announced yesterday, August 20, 2015, on their Taobao marketplace. Beginning yesterday and continuing […]




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