Megan Markel is regarded by many as one of the most beaming influencers in the world of fashion. Anything the Duchess of Sussex wears instantly becomes a best-seller. This spike in sales has become a phenomenon that experts call the Meghan Markel effect. Sarafan COO Ksenia Shirokova takes a closer look […]

PVH Corp. has completed the acquisition of a 78 percent stake in its long-term Australian supplier and retailer Gazal Corporation Limited and its joint venture with PVH named PVH Brands Australia Pty Limited. The transaction was first announced in February. According to a statement issued by PVH Corp., […]

Fashion e-tailer Global Fashion Group (GFG) has announced its intention to conduct an IPO and a listing of its shares on the Frankfurt Stock Exchange. The company, which operates e-commerce platforms The Iconic, Zalora, Dafiti and Lamoda, said it intends to raise approximately 300 million euros in the […]

Scotland-based footwear retailer Schuh has announced plans to close all three of its stores in Germany at the end of June to focus efforts on its UK, Irish and Channel Island business. The company said changes in the market over the past few years as well as the impact of Brexit lead to the decision, […]

For the first quarter ended May 4, 2019, net sales at Gap Inc. were 3.7 billion dollars, a decrease of 2 percent compared with last year, while gross profit was 1.34 billion dollars, down 6 percent. Diluted earnings per share were 0.60 dollars on a reported basis. “This quarter was extremely challenging, […]

Thierry Gillier, founder of Zadig and Voltaire, has acquired luxury cashmere brand Lucien Pellat-Finet. “I am delighted to continue the adventure of this emblematic brand with the complicity of Lucien who will become a member of our board,” said Gillier in a short statement. Founded in 1994 by designer […]

Abercrombie & Fitch Co announced today an increase of net sales to 734 million dollars for its first quarter of the 2019 fiscal year, which quarter ended on May 4, 2019. While net sales only increased slightly compared to the same quarter last year, the company experienced an improved operating loss […]

For the fourth quarter ending on March 30, 2019, Capri Holdings Limited announced a growth of 13.9 percent, with a total revenue of 1.344 billion dollars. The global fashion luxury group, experienced a full year revenue growth of 11 percent, while on a constant currency basis, total revenue increased […]

Celebrity-loved London-based baby and toddler clothing brand, Mori has raised more than 4 million pounds in a Series A funding round, which it states will help it open bricks-and-mortar stores and expand into the US and other international markets. The premium clothing and accessories brand for newborn […]

Monte Carlo’s Q4 sales revenue rose 15 per cent. However, for the full year profit dropped 12 per cent and revenue jumped 14 per cent. Monte Carlo caters to men, women and tweens and offers shirts, tops, T-shirts, tunics, shorts, jeans, trousers, dresses, tracksuits and more. The range for men features […]

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