In a very rare move for a fashion brand, Mark Cross has announced it's launching its own resale platform. Beginning this fall, consumers will be able to bring in their pre-owned bags to be authenticated and sell them for cash or store credit. After that, the products will move to the brand's new vintage […]

Luxury handbag maker Mulberry has taken full ownership of its Korean business, having a bought a 40 percent stake in Mulberry Korea from its local partner, SHK. Mulberry now owns 100 percent of the company, in which it has made an additional investment of 1.3 million pounds. In August 2018 Mulberry […]

H&M Hennes & Mauritz issued a recall for children's pajamas as they could pose burn injury risk. According to the U.S. Consumer Product Safety Commission, the Sweden-based fashion retailer is recalling about 9,000 units of children's pajama sets for not meeting the federal flammability standard for […]

ANALYSIS The thing about bubbles is, they inevitably burst. Some last a long time, like the dot-com bubble from 1994 to 2000, which saw internet-based companies peak, then crash, in March 2000, with even Amazon and eBay finding themselves in negative waters. But more often than not bubbles burst as […]

In 2017 when Giorgio Armani announced it would shutter its Armani Collezioni and Armani Jeans brands as part of a new distribution strategy, the company said it was prepared to see losses. Those losses have incremented to 10 percent year on year, as the Armani Group this week announced revenue fell […]

Sports apparel giant Nike is reportedly exploring the sale of its surfwear brand Hurley International. A sale of Hurley is one of the options that Nike is considering for the Costa Mesa, California-born brand, Reuters reported, citing people familiar with the matter. Nike did not disclose the amount […]

Even though the trade dispute between the United States and China has moved away from escalation and towards reconciliation since the G20 meeting in June in Osaka, the consequences of this already year-long exchange of blows between two big players in the international cotton industry are clearly noticeable […]

The period apparel industry is on the rise. Four-year-old e-commerce company Ruby Love, which specializes in a wide range of leak-proof womenswear, announced that it received a 15-million-dollar investment from global fund The Craftory. The Craftory supports mission-driven consumer brands; it has previously […]

Luxury footwear brand Manolo Blahnik has acquired Italian women’s shoe manufacturer Calzaturificio Re Marcello, which currently makes the label’s shoes. Manolo Blahnik, which is independently owned, has been working with the Vigevano-based factory since 1990. “Calzaturificio Re Marcello is synonymous […]

With social media becoming more of a retail platform, fashion brands and retailers are well advised to take note. A 2018 study by Ofcom found that the average Britons now spend 24 hours a week online; more than twice the time they did in 2011. They also check their phone every 12 minutes, no doubt to […]




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