Chinese e-commerce giant Alibaba has complained of 'misconduct' after local regulators accused the company of turning a blind eye to the sales of counterfeit goods on sites such as Taobao and Tmall. A report published by the Chinese government body SAIC (Trade and Commence) claimed that Alibaba allowed […]

ANALYSIS Swedish fashion apparel retailer Hennes & Mauritz is set to a star year: after reporting its strongest annual profit in eight years, H&M will be conquering the market in Latin America, Asia and the US. Hennes and Mauritz AB (H&M) reported Wednesday its steepest gain in annual profit since 2007. […]

Huber Group has acquired French men’s underwear brand Hom from the Triumph Group, as it sets its sights on expanding its activity in the premium men’s underwear category. Hom had been part of the Triumph Group for 28 years, but its sale is part of Triumphs strategy to refocus its brand portfolio, concentrating […]

REPORT In its full-year report, H&M Group said that well-received collections for all brands resulted in good sales and increased market share. The H&M Group’s sales including VAT increased in local currencies by 14 percent during the financial year ending November 30, 2014. Converted into Swedish Krona, […]

UAE e-commerce retailer Namshi said on Monday it has opened a new and expanded warehouse facility to cope with increasing orders. The online fashion and lifestyle retailer said the storage facility is eight times larger with the capability to house 1.7 million additional stock items. "Following robust […]

Arcadia, the textile empire of Sir Phillip Green, is exploring the sale of affordable apparel BHS. “We have had several approaches on BHS over the past few months. It is now in the company’s plan to explore whether any of these can be brought to a conclusion,” the company said. A spokeswoman for Sir […]

Majid Al Futtaim, the leading shopping mall, retail and leisure group across the Middle East and North Africa (MENA) is extending its long-term strategic partnership with Authentic Brands Group to accelerate the Juicy Couture brand across the Middle East. As exclusive retail and wholesale distributor, […]

Gap Inc. has unveiled plans to close Piperlime, its predominately online designer-fashion brand, by the end of April this year. Piperlime, which Gap states is its smallest brand, with less than 100 million dollars a year in sales accounting for just 1 percent of its parent company’s revenue, will see […]

In its first trading update after going public in October 2014, Jimmy Choo has not only defied industry's fears about a slowdown in Asia but also proved that being a quoted company works well for them. Luxury shoe maker Jimmy Choo has reported a like-for-like sales increase of 5.7 percent, highlighting […]

The Spanish textile company Tavex will cease trading as a public company on February, 2. The cessation of trading of the company is the first of movement within the plan of the new owner, Camargo Corrêa, to turn the future of the company. As a precautionary measure before the offering of compulsory […]

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