OPINION Say Au Revoir to Raf Simons at Calvin Klein. It was a short, albeit brilliant tenure of two years and four collections. The man even became the second designer in CFDA history to win the award for menswear and womenswear designer of the year, a feat only ever accomplished before by Calvin Klein […]

Chanel is looking to strengthen its position in the watchmaking market. The French fashion house has acquired a 20 percent stake in Kenissi, a Swiss company making small timepiece parts, Reuters reports. Kenissi joins a number of other watch companies in Chanel’s investment portfolio, which also includes […]

We could be saying goodbye to Sears sooner than we think. The company is preparing itself for liquidation after their chairman Eddie Lampert's bid to buy the stores out of bankruptcy fell shorts of bankers qualifications. The news was first reported by Bloomberg. Last Friday an emergency meeting was […]

Outdoor apparel and footwear brand, Columbia Sportswear Company has confirmed that it has closed its buyout of the remaining 40 percent interest in Columbia Sportswear Commercial (Shanghai) Company, its joint venture in China with Swire Resources Limited. The joint venture began operations on January […]

CEO INTERVIEW Much is discussed about the competition between brick and mortar stores and ecommerce, and the need for retailers to be “omnichannel”. But, for Danish company Miinto, this is not a battle. Rather, one can build a bridge between the high street and the Internet. Miinto is an online marketplace […]

New York - Amazon founder Jeff Bezos has gotten its ‘richest man in the world’ title re-assured as his personal worth increased by 24 billion to 123 billion dollars. Inditex and Fast Retailing founders have also made it to the top 30 wealthiest people worldwide. Bloomberg Billionaires Index has been […]

The Accord on Fire and Building Safety in Bangladesh (Accord) has handed over the safety activities of 80 more readymade garment (RMG) factories to the government’s Remediation Coordination Cell (RCC), taking the total number of factories transferred to 100. The agency announced this in a press release […]

New York - This year, the world of fashion has been strongly affected by cyberattacks. From Amazon to Macy’s, we review the main hacks targeting the international textile industry. Hackers, cyberattacks and cybersecurity are some of the new words that have been cast within the everyday language of virtually […]

High Street Essentials Pvt. Ltd., an Indian online fashion brand for women that runs FabAlley and Indya, has announced it has recently raised circa 8.5 million dollars (Rs 60 crore) in a fresh funding round from SAIF Partners. The round also includes a partial secondary share sale by Indian Angel Network, […]

Michael Kors Limited has completed its change of name to Capri Holdings Limited. From January 2, its ticker symbol at the New York Stock Exchange will be CPRI. Fashion’s new luxury conglomerate, which includes footwear label Jimmy Choo, has also announced it has completed the acquisition of Italian […]

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