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ANALYSISThe world’s second largest apparel retailer is not in celebratory mood. Hennes & Mauritz (HMb.ST) reported no sales growth for the last six months, what nothing but adds to the Swedish fashion group’s losing ground to direct competitor Inditex. Hennes and Mauritz’s sales were unchanged in the […]

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Texas-based women’s fashion and accessories retailer A’Gaci is getting closer to saying farewell to bankruptcy. The womenswear chain went busted in January due to its struggles to repay a 62 million dollars debt pile. Six months and a failed auction sale afterwards, A’Gaci is moving toward emerging […]

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Iconix Brand Group, Inc. has announced that Peter Cuneo, Executive Chairman of the board of directors, will serve as Interim CEO, effective immediately. He has been appointed in place of John Haugh, who has resigned from the position of CEO and President as well as member of the board to pursue other […]

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Luxury fashion house Bottega Veneta wasted no time is announcing the successor to its former creative director Tomas Maier. Following an announcement on Wednesday afternoon that Tomas Maier and Bottega Veneta were parting ways after 17 years, comes news that Daniel Lee has been appointed creative director […]

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Bottega Veneta has announced the departure of its creative director Tomas Maier, who had joined the Italian fashion house in 2001. The company said, Maier crafted its renaissance by drawing on the exceptional know-how of the house and thanks to his creative vision, Bottega Veneta today embodies the […]

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For the first quarter ended May 5, 2018, Tailored Brands, Inc. reported GAAP diluted earnings per share of 0.27 dollars and adjusted diluted earnings per share of 0.50 dollars, compared to 0.04 dollar and 0.27 dollars respectively, reported last year. Total net sales increased 4.5 percent to 818 million […]

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Oxford Industries, Inc. in its results announcement for its first quarter ended May 5, 2018 said that consolidated net sales increased slightly to 272.6 million dollars compared to 272.4 million dollars in the first quarter of fiscal 2017. Earnings on a GAAP basis were 1.23 dollars per share compared […]

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UPDATE The EU Court of Justice has ruled in favor of Christian Louboutin in a legal battle between the French designer and Dutch footwear retailer Van Haren, which started selling stiletto shoes with red soles in 2012. The highest European court recognized the red soles as a trademark protected by Louboutin’s […]

  1. Golden Gate Capital merges Eddie Bauer and Pacific Sunwear of California
  2. 71 percent of U.S. consumers to choose retailers offering ‘try before you buy’ over others who don’t
  3. Gucci follows Burberry and Louis Vuitton and brings more manufacturing in-house

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