Jack Wolfskin has announced that its shareholders, including affiliates of Bain Capital Credit, H.I.G. Bayside Capital and CQS, have entered into an agreement to sell the company to Callaway Golf Company for 418 million euros or around 476 million dollars. "We are very excited to welcome the Jack Wolfskin […]

When it comes to gender equality on the board of directors, luxury conglomerate Kering is setting an example. Non-profit organizations European Women on Boards and Ethics & Boards ranked Europe’s 200 largest public companies according to the percentage of women on the board, the presence of a woman […]

2019 will be a bumpy ride for most fashion players, according to management consultancy firm McKinsey & Company and online publication Business of Fashion in their new joint report The State of Fashion 2019, on which they lay out the main trends and developments to be expected in the year ahead. “The […]

INTERVIEW London - Adam Frisby founded Manchester based fast fashion e-tailer In The Style in 2013 with just 1000 Pounds investment and no previous experience in starting or running a business, but the firm belief in his idea to build a fashion brand that tapped into the growing celebrity and social […]

For the six months ended September 30, 2018, Global Brands Group’s revenue on a like-for-like basis, excluding the impact of the divestment of select North American businesses, decreased by 4.1 percent to 699 million dollars, compared to the same period last year, which the company said is mainly due […]

Sequential Brands Group, Inc. has signed a long-term licensing partnership renewal with Camuto Group, a footwear and accessory designer and developer, which is now owned by DSW Inc. Under the new partnership agreement, Camuto, the company said, will continue to develop Jessica Simpson’s footwear business, […]

H&M is undoubtedly one of the most successful fashion companies of our time. But as consumers question the social and environmental impacts of the fast fashion model and online players such as Asos and Boohoo offer fierce competition, the last decade has seen the Swedish apparel giant looking to rely […]

The H&M Group has decided to shut down discount retailer Cheap Monday, 10 years after acquiring it from Swedish apparel company Fabric Scandinavien AB. “There has been a negative trend in the Cheap Monday’s sales and profits for a long time”, said the fast fashion giant in a statement. The company aims […]

Luxury conglomerate Kering has announced it will fully internalize its e-commerce websites by the first half of 2020, putting an end to a seven-year joint venture with Yoox Net-a-Porter (YNAP), which was purchased by one of Kering’s main competitors, Richemont, in May. “Coordinated efforts and shared […]

Esprit wants to be an iconic brand again. While still the third favorite fashion retailer in its home country, Germany, where it registers an impressive 87 percent brand awareness, things don’t look so bright elsewhere and the company has been continuously reporting revenue decline. In a presentation […]

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