July 2016 same-store sales at Uniqlo Japan, part of the Fast Retailing Group, increased by 18.1 percent year on year, while sales at its own stores increased by 18.6 percent. The company said, total sales including online sales increased by 19 percent. Uniqlo has attributed, significant year-on-year […]

Italy's grand masters of fashion are lobbying for the global mega-event known as the Olympics to take place in Rome in 2024. The Rome2024 committee has nominated a group of 17 prominent ambassadors to promote the possibility, including designer Giorgio Armani, 21 Investimenti’s president Alessandro […]

Burberry has announced the acquisition of the remainder of its Chinese retail operations. The luxury fashion house shelled out 54 million pounds to take over the remaining 15 percent economic interest in its Chinese business, held by Sparkle Roll Holdings Limited, a non-Group company. The British heritage […]

The global fashion market is a leading industry well known for key players, such as Inditex, LVMH, H&M and Nike and is valued at 3 trillion dollars, or 3,000 billion US dollars. In the run up to the Summer Olympics kicking off on August 5th in Rio de Janeiro, the third installment of FashionUnited’s […]

French Connection’s formerly controversial branding is no longer “aspirational”. This is the argument used by activist investor at the British fashion retailer to urge the company to ditch the logo. American fund Gatemore is the disgruntled investor in question, with an eight percent stake in the fashion […]

Aeffe first half consolidated revenues increased to 137.8 million euros (154 million dollars), compared to 128.7 million euros (143.8 million dollars) in 1H 2015 representing 7 percent rise at current exchange rates and 7.3 percent at constant exchange rates. Ebitda of 12.2 million euros (13.6 million […]

Corneliani was recently sold to Investcorp. Now, the next step in the future of their business is appointing Paolo Roviera as their new chief executive officer. The businessman will step into his new role on September 5. Roviera held the same role at Pal Zileri, and exited the firm earlier this week. […]

Moncler now has two new shareholders: Singapore investment company Temasek, and Juan Carlos Torres, the investor and chairman of travel retail group Dufry. Ruffini Partecipazioni, Moncler's main shareholder, controlled by Moncler chairman and chief executive officer Remo Ruffini, has entered into agreement […]

The online retail market of Japan has gradually increased. Recently, the Ecommerce Foundation released a new B2C Ecommerce Country Report on the state of e-commerce in Japan and what’s changed over time. The report, which recently went live, shows the steady increase of Japan’s e-commerce shoppers. […]

Abercrombie & Fitch has unveiled their first campaign from their new creative director. Since 2015, the brand has been attempting a comeback, and it has been going slowly but surely. The company, which laid out plans for a major rebranding last year, has debuted their first campaign under creative director […]

RELATED NEWS

MORE NEWS

 

Latest jobs

 

MOST READ