After the Dutch Bretoniere Group filed for bankruptcy on 9th March, it found a buyer in RNF B.V., which also owns fashion brand Mexx. This means good news for fans of women’s shoe brands Fred de la Bretoniere and Shabbies Amsterdam, as they are currently being relaunched. Now, the Bretoniere Group and […]

Liam Gallagher’s struggling menswear brand Pretty Green could become the latest victim of the UK’s struggling high street with reports saying the company is set to call in administrators in the next few days. According to Sky News, the ex-Oasis frontman's brand has filed a notice of intention to appoint […]

Ascena Retail Group, Inc. has signed a definitive agreement to sell a majority interest in its subsidiary, Maurices Incorporated to an affiliate of OpCapita LLP as part of its review to enhance shareholder value. The company said, the review includes a comprehensive assessment of its portfolio brands, […]

US Sportswear giant Nike has been fined 12.5 million euros by the European Commission for blocking traders from selling licensed football merchandise to other countries within the EEA. The European Commission said the illegal practices took place for around 13 years - between 1 July 2004 and 27 October […]

As pressure continues to mount at Arcadia following reports last week that Sir Philip Green was considering deploying a company voluntary arrangement (CVA), the UK retail group could also face pressure to increase annual payments to its pension scheme, The Telegraph reports. For Arcadia to successfully […]

PVH Corp. has entered into a definitive agreement to reacquire the license for the Tommy Hilfiger brand in Hong Kong, Macau, Taiwan, Singapore and Malaysia, along with certain related leases and retail assets, from Dickson Concepts (International) Limited. Without disclosing the details, the company […]

Safilo and Kate Spade New York have renewed their global eyewear licensing agreement for the design, manufacturing and worldwide distribution of Kate Spade New York branded sunglasses and optical collections. Safilo said in a statement that the agreement will now run until June 30, 2026. “The long-standing […]

New York - Finnish department store and fashion chain group Stockmann Oyj Abp has announced its Chief Executive Lauri Veijalainen will leave the company at the end of the month. Stockmann said it would immediately start a search for a new CEO, while chairman Lauri Ratia would take on an executive role […]

Ahman Inam, a former Nike executive who worked as a senior director in data analytics, has filed a lawsuit against the company alleging that it racially discriminated against him, The Portland Business Journal reports. He is seeking 516,000 US dollars in economic damages and 350,000 US dollars in non-economic […]

Destination XL Group, Inc. reported total fourth quarter sales of 131.2 million as compared to 135.5 million dollars in the 14-week fourth quarter, while total sales for the 52-week year were 473.8 million dollars compared to 468 million dollars for the 53-week prior year. Total comparable sales increased […]

Related news