REPORT Express net sales increased 11 percent to 535.6 million dollars from 481.4 million dollars in the second quarter of 2014. Comparable sales including e-commerce sales increased 7 percent, compared to a 5 percent decrease in the second quarter of 2014 and ecommerce sales rose 21 percent to 75 million […]

Portuguese luxury fashion rental start-up Chic by Choice (CBC) has just announced the acquisition of its German competitor La Remia for an undisclosed sum. As reported in a exclusive by ‘Techcrunch’, Anna Mangold and Claudia von Boeselager, the founders of La Remia, will stay on board as advisors. CBC […]

REPORT For the thirteen week period ended August 1, 2015, which compares to the thirteen week period ended August 2, 2014, DSW reported sales increase of 6.8 percent to 627 million dollars compared to last year's sales of 587 million dollars. Comparable sales increased by 1.8 percent compared to last […]

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 […]

American Apparel Inc. is reportedly seeking advisers to help put together a plan to restructure the company in bankruptcy court, according to two people with knowledge of the matter. As reported by Bloomberg early morning Wednesday, the troubled apparel retailer would have made calls in recent weeks […]

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 […]

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, […]

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 […]

London - Over the years many fashion brands have introduced all sorts of apparel which promise to help consumers slim down and tone up with wear - only to be left grasping for straws when the apparel failed to deliver its promised results. However, there is a new brand on the block which claims to help […]

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