- Angela Gonzalez-Rodriguez |
ANALYSISNew York – Madewell is topping its parent’s company – J.Crew Group – growth, adding to the investors’ appeal regarding its recently announced IPO. Madewell derived 40 percent of sales from e-commerce channels in the first six months of this year and had a brick-and-mortar footprint of just 132 […]
- Angela Gonzalez-Rodriguez |
New York – A recent survey reveals that increasing concerns and awareness of the importance of a sustainable apparel ecosystem will boost vintage clothing sales this upcoming holiday season. A new survey from Accenture indicates that issues of sustainability and security are factoring into people’s […]
- Angela Gonzalez-Rodriguez |
New York - A potential buyer is said to be preparing a bid to take control of luxury department store Barneys New York, which filed for bankruptcy protection in August. Shall this deal go forward, the retailer would avoid liquidation. A group of fashion executives, led by fashion and entertainment executive […]
- Regina Henkel |
INTERVIEW Online retailer Zalando wants fewer customers to return the clothes they purchased due to fit problems. About one third of all returns are due to clothes being too small or too large, and that, according to Zalando, could be optimized. If customers would receive the right size right away, […]
- Prachi Singh |
Net sales for the fourth quarter of fiscal 2019 at Ascena Retail Group, were 1,454 million dollars compared to 1,520 million dollars in the year-ago period, reflecting flat comparable sales for the quarter and the unfavourable impact resulting from the 53rd week recorded in the prior fiscal year. The […]
- Robyn Turk |
Global retail company Simon has contributed close to 280 million dollars towards a new multi-platform venture dedicated to digital value shopping, created in partnership with Michael Rubin of Rue Gilt Group. Rue Gilt Group operates premier online marketplaces that connect more than 25 million members […]
- Prachi Singh |
For the 28 weeks ended August 10, 2019, Ted Baker plc, said against the backdrop of very difficult trading conditions, group revenue decreased by 0.7 percent or 2.5 percent in constant currency to 303.8 million pounds (373 million dollars). Gross margin decreased to 54.3 percent, while loss before tax […]
- Prachi Singh |
Net sales at Hennes & Mauritz AB (H&M) increased by 12 percent to 62,572 million Swedish krona (6,334,4 million dollars) in the third quarter, while net sales in the nine-month period increased by 11 percent to 171,061 million Swedish krona (17,317 million dollars). In local currencies the H&M […]
- Prachi Singh |
Caleres has announced a new long-term strategic plan to build on its unique advantages and capture share in the global footwear market. The company expects this new strategic plan to generate low single-digit compound annual growth rate (CAGR) through 2022; earnings per share in double-digit CAGR; and […]
- Dale Arden Chong |
One of the most highly sought-after website domains, “fashion.com,” will be sold at auction later this October. “With the worldwide race in online fashion, I would expect fashion.com to attract a lot of interest from giant retailers and well-known brands, along with successful smaller players and new […]