VF Corporation said on Friday its Q2 revenue for 2018 increased by 15 percent, while net income increased by 31.3 percent from the same period last year. The company’s sales in Q2 2018 were 3.9 billion US Dollars, up from 3.3 billion US Dollars a year earlier. Net income rose to 507 million US Dollars. […]

On October 11, Jack Wolfskin opened a franchise store in Dubai Mall. The company said in a statement that the store located in the large sports and lifestyle section on the second floor of the Dubai Mall, offers outdoor and everyday outdoor collections for men, women and children, as well as Wolfskin […]

Louis Vuitton has confirmed through an email to FashionUnited that Catherine Lacaze has been roped in as Director for jewellery and watches. According to WWD, she would be reporting to Anthony Ledru, Executive Vice President global commercial activities at Louis Vuitton. Lacaze steps into the position […]

Perry Ellis International, Inc. announced that based on the vote tally from the special meeting held on Thursday, the company’s shareholders approved the proposed transaction with founder George Feldenkreis in which Perry Ellis will become a private company through a 437 million dollars transaction. […]

Caleres has announced the acquisition of Vionic Group for 360 million dollars. The company said that this acquisition of Vionic allows Caleres to continue to expand its brand portfolio and gives it additional access to the growing contemporary comfort footwear category. The acquisition of Vionic Group […]

American shoe maker Skechers said on Thursday that its Q3 revenue for 2018 increased 7.5 percent. Profit dropped by 1.7 percent from the same period last year. The company’s sales in Q3 2018 were 1,17 billion US dollars, up from 1,09 billion US dollars a year earlier, while net earnings declined to […]

The troubled fashion retailer, Gerry Weber International Ag currently employing around 6,500 people expects further redundancies as a part of its restructuring process after the company sought the restructuring opinion to verify the company's capability for a successful restructuring and to support […]

As part of the review of New Look’s international strategy, New Look Retail Group Limited said in a statement that its board of directors has decided to exit its retail business in China. The company said, following the decision, New Look Commerce (Shanghai) Co., Limited has been gradually reducing […]

Li & Fung has announced that Weizhong Zhu (Wilson) has joined the company as Chief Operating Officer (COO) and will lead operations across all Li & Fung’s over 40 production countries. The company said in a statement that as Li & Fung pushes ahead on its digital supply chain strategy to build the supply […]

Lisa Gersh, CEO of Alexander Wang is parting ways with the company after serving the business for just over one year, reports Business of Fashion . Alexander Wang will assume the position vacated by Gersh till her replacement is found. Gersh was roped in from Gwyneth Paltrow lifestyle project Goop, […]