Deckers Brands has appointed Steve Fasching to Chief Financial Officer effective July 16, 2018. The company said, Fasching previously served as the company's senior vice president, corporate strategy, planning & investor relations. He succeeds Tom George, who will transition concurrent with Fasching's […]

Google is investing 550 million dollars in cash in China’s e-commerce giant JD.com as part of a strategic partnership. JD.com said through a media release that both the companies plan to collaborate on a range of strategic initiatives, including joint development of retail solutions in a range of regions […]

The Los Angeles-based fashion e-tailer is ultimating its initial public offering of shares, according to people familiar with the matter. Market sources expect the company’s valuation to reach 1 billion dollars. Revolve, the Los Angeles-based online clothing merchant, is currently preparing to get a […]

American apparel retailer Eddie Bauer has announced the appointment of Damien Huang as the company’s new president. He has been promoted from the position of Senior Vice President of Merchandising and Design. In his new role, Huang will oversee the design, merchandising, retail, e-commerce, licensing, […]

The board of directors of Kappahl AB has appointed Göran Bille as acting CEO with immediate effect to replace Danny Feltmann. The company said, Feltmann is leaving the business as a consequence of having different views on the company's development and priorities and that the process for recruiting […]

Jalal Kamani, brother of one of the Boohoo.com founders Mahmud Kamani, has gifted 30 million ordinary shares to a trust established for the benefit of his adult children. The company said in a statement: “Boohoo.com has been notified of the following dealing in the company’s ordinary shares of 1 pence […]

Swiss undergarment company Calida is set to acquire more shares from French sportswear brand Lafuma, increasing its participation to 87.7 percent of the shares. The shares were bought from CDC Entreprises Elan PME, which held 8.54 percent of the company’s capital, at the price of 17.99 euro (15.78 pounds) […]

Mothercare plc has announced that Richard Rivers and Lee Ginsberg will step down as non-executive directors with effect from the conclusion of the company’s annual general meeting due to be held on July 19, 2018. Ginsberg will be succeeded by Nick Wharton, Non-Executive Director, as Chair of the audit […]

Tesco Plc like-for-like sales grew by 1.8 percent for the 13 weeks to May 26, 2018, representing a tenth consecutive quarter of positive growth. Total sales at constant exchange rates were up 1.8 percent and 2.3 percent at actual exchange rates, including a 0.5 percent positive foreign exchange translation […]

Sales including VAT at Hennes & Mauritz AB (H&M), in the second quarter to May 31, 2018, amounted to 60,464 million Swedish krona (6,904.8 million dollars), representing an increase of 2 percent compared to the corresponding quarter the previous year. Sales excluding VAT amounted to 51,983 million Swedish […]