Lululemon has said it is investigating one of its Bangladesh factories following reports that female workers were being physically and verbally abused. Young female workers said they faced physical violence and verbal abuse while working at one of the Canadian athleisure brand’s factories, according […]

Harrods has reported a slight increase in sales in the past year, but a dip in profits due to an increase in capital expenditure relating to a revamp of the company's flagship Knightsbridge store. The British department store chain saw a 3 percent fall in pre-tax profits to 171.6 million pounds for […]

Luxury US department store Barneys is reportedly nearing a roughly 270 million dollar deal to be sold to licensing firm Authentic Brands Group (ABG), according to sources close to the matter. The deal, which was first reported by The Wall Street Journal, would see ABG license the brand to Hudson’s Bay […]

For the year to August 31, 2019, Asos plc reported 68 percent decrease in profit before tax to 33.1 million pounds (42.2 million dollars) after transition costs of 45 million pounds reflecting a substantial amount of one-off costs in support of warehouse transitions. The company also incurred 5.5 million […]

Children’s apparel retailer The Children’s Place, Inc.has announced plans to relaunch Gymboree brand in early 2020 on an enhanced website, Gymboree.com, and in shop-in-shop locations in over 200 select Children’s Place stores in the US and Canada. Commenting on the development, Jane Elfers, the company’s […]

Total sales to October 12, 2019, John Lewis said in a statement, rose 11.9 percent on the same week last year as customers purchased new season items due to cooler weather and enjoyed shopping promotional events across home and fashion. The company added that fashion sales were up 13.7 percent as customers […]

Zalando has announced a target to have a balanced representation of women and men across its top six management levels, including the management board and the supervisory board, by the end of 2023. The German fashion giant said it is aiming for women and men to reach a representation of between 40 and […]

Mike Ashley’s Sports Direct has called for sportswear giants Nike and Adidas to be investigated over their domination in the industry. The news comes after an article from The Sunday Times published this week said Nike would be ending supply deals with several independent retailers, stating that their […]

This Thursday, Louis Vuitton Moët Hennessy chairman and CEO Bernard Arnault will open a new Louis Vuitton factory in Johnson County, Texas. Dubbed the Louis Vuitton Rochambeau Ranch, the opening event will also be hosted by Louis Vuitton CEO Michale Burke and fellow LVMH executives. The new facility […]

Ahlers Ag has announced through a statement that the group’s third quarter revenues dropped by 5.1 percent or 2.9 million euros to 54.3 million euros (59.8 million dollars), primarily due to the discontinuation of activities. At 51.9 percent, the gross profit margin was on a par with the previous year, […]

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