Crocs announced this week that it will drastically cut down the amount of shoes it produces in China, due to concerns of President Trump's proposed tariffs. The Colorado-based footwear company currently imports about 30 percent of its products for the U.S. market from China and expects to scale that […]

The Inditex Group registered net sales growth of 5 percent in the first quarter to April 30 to 5.93 billion euros (6.72 billion dollars), which the company said was driven by the ongoing digital transformation of its integrated store and online sales platform. Store and online sales increased by 9.5 […]

ANALYSIS New York - Ascena Retail Group (NASDAQ:ASNA) announced in late May its plans to sunset its Dressbarn, closing all its stores. The announcement followed months of speculation regarding a potential sale of the business. Is worth recalling that Ascena Retail Group has struggled for several years, […]

US retail giant Amazon has moved past hi-tech titans Apple and Google to become the world's most valuable brand, a key survey showed Tuesday. The brand value of Amazon surged by 52 percent to 315 billion USD, global market research agency Kantar said in its 2019 100 Top BrandZ report. Amazon jumped […]

Aditya Birla Fashion and Retail (ABFRL) has acquired online-offline ethnic fashion retailer, Jaypore which offers curated collections of handmade, handwoven and handcrafted apparel, jewellery, home textiles, and accents, based on craft forms, from all over India. The Board of Directors of ABFRL has […]

After shuttering Lord & Taylor, selling off Gilt, and working to keep Saks competitive in an increasingly crowded retail field with more luxury e-commerce players popping up, Hudson's Bay Co. is now considering going private. Richard Baker, the executive chairman of Saks, is now leading a bid to take […]

Israeli apparel company Delta Galil is expanding its presence within the intimates and swimwear categories. The global manufacturer, whose existing portfolio includes 7 For All Mankind, Splendid and Ella Moss, has announced that it will acquire the Bogart Group in the beginning of Q3. The Bogart Group […]

Alibaba, one of Amazon's biggest global competitors and one of the biggest online marketplaces, has selected China International Credit Corp. and Credit Suisse to lead their initial public offering. The news was reported by Business of Fashion. Alibaba is in talks with other investment banks to be part […]

London - When you think about collaboration in fashion, you might think of Supreme’s collab with Jean Paul Gaultier, or Palace X’s with Polo Ralph Lauren. But the idea of collaboration, in a broader sense, is proving to be an increasingly crucial factor for businesses to consider when pushing sustainability. […]

Sustainability has become not just a buzzword but brands, retailers and innovative companies are also following through, coming up with original and sustainable products, production processes and recycling or resale options. FashionUnited has put together ten such efforts that were announced in the […]

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