INTERVIEW Intersport is looking for new ways to grow. The shopping center specializing in sportswear and sports equipment is expected to conclude the first quarter of 2019 with several sales transactions, and the group wants to expand its online business, expecting growth prospects for 2019 to far exceed […]

New York - The executives of the world’s largest group of luxury goods, LVMH, enjoyed a millionaire rise in the value of their personal fortunes shortly after the company reported its results for fiscal year 2018. In particular, Bernard Arnault, the fourth richest person in the world according to the […]

Leading luxury group LVMH group, recorded revenue of 46.8 billion dollars in 2018, an increase of 10 percent over the previous year. All business groups within the LVMH portfolio recorded excellent performances. 2018 brought LVMH continued growth throughout markets in Europe, the U.S. and Asia. It credits […]

There are never any winners in a tradewar. Just ask Credit Suisse who took a 60 million dollar hit at the end of last year when they were left holding shares in Canada Goose, which took a dive after trade tensions between Canada and China. Last November, Credit Suisse acted as an underwriter on the […]

Calvin Klein has hopped on the bandwagon of fashion brands looking to get more eco-friendly. Their products will now feature an instruction label on how to recycle the packaging. The brand's parent company PVH Corp. has partnered with How2Recycle, a company that focuses on creating labels for recycling […]

Puma’s offices in Boston and Welford are set to be moved to the company’s new North America headquarters in Somerville, Massachusetts, in 2021. The larger, unified location will provide the company with five floors of office space, totaling 150,000 square feet. “The new headquarters will allow us to […]

Topshop owner Sir Philip Green is taking the Daily Telegraph to court over allegations the UK newspaper made in October that the retail mogul had sexually and racially harassed his employees. A judgement handed down yesterday by Justice Warby revealed that Sir Philip filed an application in December […]

Launchmetrics, the data insights company specializing in the fashion, beauty and luxury markets, has partnered up with Pinterest to educate brands and influencers on how to best use the visual search platform to gain insights into their audiences, find the right partners to work with and increase the […]

Luxury secondhand platform The RealReal has been talking to investment banks about the possibility of an initial public offering (IPO), according to international news agency Reuters, citing people familiar with the matter. According to the sources, the company has sent out a request for proposals to […]

Foot Locker has invested 2 million US dollars in Pensole Footwear Design Academy, which offers a ‘learn by doing’ curriculum for footwear design. Founded by Jordan design director and educator D'Wayne Edwards, Pensole’s mission is to create a pipeline of new designers for the entire footwear industry […]

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