Samsung is receiving Backlash following the announcement of a collaboration with Supreme during a conference in China. It turns out that the South Korean tech giant is not working with the cult streetwear label from New York but rather with an Italian company that uses a loophole in local law to sell […]

Net revenues at Vera Bradley totalled 97.7 million dollars for the current year third quarter ended November 3, 2018 compared to 114.1 million dollars in the prior year third quarter. The company said, revenues were at the low end of the company’s guidance range of 98 million dollars to 103 million […]

Indonesia's top e-commerce site Tokopedia said Wednesday it has raised 1.1 billion USD in funding from investors including Japanese tech giant SoftBank and Chinese online store Alibaba. The latest financing round for Tokopedia, which lets users to set up online shops and handles transactions, underscores […]

For the first half period to October 27, Superdry Plc said, Global Brand revenue (excluding China) grew by 6.4 percent and group revenue growth was 3.1 percent, reflecting continued growth in ecommerce and wholesale channels, which offset a decline in retail store performance. This, together with increased […]

The H&M Group and Inditex are two of the world's biggest fast fashon giants. Who's growing more? In an effort to keep its market position, the Swedish chain has been updating its logistics systems to improve on lead time. However, the changes so far have only lead to a huge increase of costs of up to […]

Inditex Group’s net sales rose by 3 percent in the first three quarters of fiscal 2018 to October 31 to 18.4 billion euros. In local currencies, the company said, sales growth was 7 percent, while like-for-like sales growth was positive in all geographies. Gross margin was 4 percent higher and reached […]

Destination Maternity Corporation, for its third quarter reported net sales decrease of 3.7 percent to 92.8 million dollars due to net closure of 27 company-owned locations and 12 leased lease locations in addition to a decrease in comparable sales. Comparable sales for the quarter decreased 2.6 percent […]

H&M has gathered the textile and fashion industry together at the Fair Living Wage Summit 2018 in Phnom Penh, Cambodia, to discuss how to achieve fair living wages in fashion’s global production markets. The event, which takes place today, December 11, coincides with the Swedish fashion group’s self-imposed […]

As FashionUnited reported a week ago, a restraining order by the government of Bangladesh has been placed on the Accord on Fire and Building Safety in Bangladesh (Accord), which was due to take effect on 30th November, then 6th December and now 17th December. In other words, the future of the Bangladesh […]

For its first quarter ended November 3, 2018, Ascena Retail Group, Inc. reported GAAP earnings of 3 cents per diluted share, flat compared to the year-ago period, as the company said, an increase in comparable sales and lower restructuring costs were offset by the impact of a lower gross margin rate, […]

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