Swiss watch exports to Hong Kong, the sector's biggest market, plunged 11.4 percent in 2019 due to a wave of pro-democracy protests there, the Swiss watch industry federation said Tuesday. Overall, however, watch exports were up by 2.4 percent to 21.7 billion Swiss francs (20.3 billion euros, 22.4 billion […]

British brand Seasalt has reported positive sales during the important Christmas trading period. The Cornish fashion and lifestyle brand saw overall sales increase 14 percent for the five-week period to 4 January, compared to the same period last year. The company experienced positive sales growth across […]

For the week to January 25, 2020, John Lewis announced total sales decline of 2.5 percent as Clearance came to an end and competitor promotions impacted home sales. The company said in a statement that fashion sales were up 0.4 percent. Market changes drove strong sales of nursery products sending childrenswear, […]

Intu is selling its partly-owned Asturias shopping centre in Oviedo, Spain to the ECE European Prime Shopping Centre Fund II for 290 million euros as it moves forward with its strategy to fix its balance sheet. Intu's share of the proceeds is 145 million euros. The British shopping centre operator said […]

Tendam Brands, the parent company of the Tendam Group posted a 3.6 percent increase in sales and 2.5 percent in like-for-like sales to 256.3 million euros (282.3 million dollars) during the third quarter. The company said in a statement, sales for the first ninth months of the 2019/2020 totalled 815.8 […]

The Department of Homeland Security (DHS) has released its first report on combatting counterfeit and pirated goods into Amercia. Its memorandum comes as apparel, accessories, hangbags, watches and jewellery are the top four category items seized in 2018, 56 percent of the year’s annual seizure statistics. […]

Premium British fashion brand Reiss continues to buck the UK high street trend by reporting strong sales figures over the important Christmas period. The company, which is present in 15 markets with 226 points of sale, reported an impressive 18 percent increase in total like-for-like sales in the 7 […]

Just when it got a little quieter in Bangladesh - the Bangladesh Accord transitioned and factory incidents have become somewhat less - a new landmark decision by Bangladesh’s high court could shake things up again. On 20th January, the court ordered authorities to take immediate action against 231 garment-related […]

UPDATE New York – Earlier this week, fashion retailer Express announced its plans to close 91 locations over the next couple of years, including 31 stores by the end of January and 35 by the end of January 2021. The first wave of closures entered into effect this weekend. Talking to ‘Business Insider’, […]

New York - Fashion retailer H&M (HMb.ST) said on Saturday that data security breaches found at its German unit were unacceptable and it was cooperating with the local data protection supervisory authority in its investigation into the matter. “The local team has taken a range of action and is in close […]

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