Brooks Brothers, a collegiate menswear brand founded in 1818, is the latest retail victim filing for bankruptcy protection. The 200 year-old company is hoping to keep creditors at bay while it searches for a buyer. The upmarket retailer is owned by Luxottica founder Claudio Del Vecchio, who bought the […]

JD Sports has reportedly set up a mobile testing lab at its central warehouse in Rochdale after some of its workers there tested positive for Covid-19. “Acknowledging our responsibilities as one of the largest employers in the area, we are pleased to be working with the NHS and the local council to […]

Bazaarvoice, a provider of product reviews and user-generated content (UGC) solutions, has acquired visual commerce solutions firm Curalate. The company said the move will help it to create a “powerful offering to lead the growing visual commerce trend” as social shopping becomes an increasingly important […]

Napapijri, the premium leisurewear brand and subsidiary of VF, is claiming that it has successfully initiated legal proceedings to prohibit Geographical Norway from continuing to infringe on its trademarks. For several years Geographical Norway, part of the French company Artextyl, has marketed products […]

In the second quarter, revenues at Ahlers fell by 26.8 million euros or 58 percent to 19.5 million euros since between March and May, clothing stores across Europe had to be closed because of the coronavirus pandemic. The company said in a statement that revenues for the first six months fell by 33 […]

Boohoo has announced it is launching an independent review of its UK supply chain following allegations of poor working conditions at its suppliers' factories in Leicester. The company, which owns brands including Pretty Little Thing and Nasty Gal, said it is also investing 10 million pounds “to eradicate […]

For the third quarter to May 31, 2020, RNB Retail said net sales decreased to 324 million Swedish krona compared to 511 million Swedish krona in the same quarter of the previous year, while the company’s comparable sales for decreased by 32.1, percent. Sales for comparable units in Sweden decreased […]

Levi Strauss & Co., for its second quarter reported net revenues decline of 62 percent on a reported basis to 498 million dollars; due to the temporary closure of company-operated, franchise and wholesale customer retail locations as a result of the Covid-19 pandemic, partially offset by the company’s […]

JD Sports posted surprising results and impressive revenue before the start of the global pandemic. The sporting giant saw sales increase 30 percent to 6.1 billion pounds, beating forecasts whilst pre-tax profits rose 3 percent to 348.5 million pounds. Nigel Frith, Senior Market Analyst at AskTraders.com, […]

Boohoo has come under intense scrutiny in the past week, despite sales soaring during the pandemic. At the end of June the company announced a controversial payout scheme which would see its management team net 150 million pounds. Earlier this week allegations of modern slavery surfaced, pertaining […]

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