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 […]

REPORTAccording to the preliminary figures, Metro Group increased its like-for-like sales by 1.5 percent in financial year 2014/15. The Düsseldorf-based retail and wholesale company said that the growth indicates that it has achieved its full-year sales target. The company added that reported sales […]

OPINION The Trans-Pacific Partnership(TPP) that was recently formed between the USA and eleven Pacific states - Canada, Chile, Mexico and Peru on one hand and New Zealand, Australia, Japan, Malaysia, Brunei, Singapore and Vietnam on the other - aims to remove trade barriers and to set common standards. […]

REPORTFor the fiscal year ended June 30, 2015, revenues at the Christian Dior group increased 14 percent to 35,081 million euros (39,841 million dollars), compared to 30,867 million euros (35,059 million dollars) last year. Profit from recurring operations increased 4 percent, while net profit witnessed […]

How much longer will retailers keep using on-call scheduling? At the rate these lawsuits are going, it doesn't look like it will last much longer. Forever 21 is the latest in a string of lawsuits against retailers who use a business practice known as on-call scheduling for scheduling workers where they […]

Those who are not too fond of trying on clothes in stores should take note: a new 3-D body mapping app allows shoppers to skip this step and try on clothes virtually, from the convenience of their homes or anywhere, and promises perfect fit. A group of Indian techies has set up Trupik, a start-up with […]

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