ANALYSIS New York – In March, news broke on LVMH's project AURA, an application of the blockchain aimed at ensuring fashion and luxury goods authenticity verification at scale. This move positions the world’s largest luxury goods group as the first company to look into blockchain technology applied […]

ANALYSIS New York –Value fashion chain Matalan has surpassed market expectations with a 50 percent increase in profits for the last fiscal year. The privately owned company said Monday that its annual pre-tax profit had risen to 30.1 million dollars, with sales up 3.8 percent to 1.1 billion pounds for […]

Fashion e-tailer Global Fashion Group (GFG) has announced its intention to conduct an IPO and a listing of its shares on the Frankfurt Stock Exchange. The company, which operates e-commerce platforms The Iconic, Zalora, Dafiti and Lamoda, said it intends to raise approximately 300 million euros in the […]

ANALYSIS New York – The Californian online women’s retailer is set to price its offering on June 6 and trade the next day, a source close to the matter said in late May. FashionUnited analyses why this news has gotten all the industry excited. According to documents filed by the fashion retailer on […]

REPORTNew York – Shares of Tilly's Inc. (TLYS) fell more than 11 percent in the extended session Wednesday after the apparel retailer reported fiscal first-quarter earnings in line with Wall Street expectations. “Tilly’s continued its positive momentum during the first quarter of fiscal 2019 with its […]

Abercrombie & Fitch Co announced today an increase of net sales to 734 million dollars for its first quarter of the 2019 fiscal year, which quarter ended on May 4, 2019. While net sales only increased slightly compared to the same quarter last year, the company experienced an improved operating loss […]

For the fourth quarter ending on March 30, 2019, Capri Holdings Limited announced a growth of 13.9 percent, with a total revenue of 1.344 billion dollars. The global fashion luxury group, experienced a full year revenue growth of 11 percent, while on a constant currency basis, total revenue increased […]

New York - German fashion start-ups Outfittery and Modomoto have announced they are merging after ten years of competition. The merger will help them accelerate growth in Europe and become a stronger competitor to Zalando’s Zalon. Although the financial details of the merge remain undisclosed, both […]