Dillard's reported its net profit for Q3 decreased on Thursday. Compared with the same period last year, revenues also decreased by 2 percent. The company's net profit for Q3 was 5.5 million dollars, dropped from 7.4 million dollars a year earlier. Revenues decreased to 1,388 million dollars. Compared […]

A realistic fit, a more efficient and sustainable way of working, saving costs and gathering valuable data: These are just a few of the many benefits digitisation provides the fashion industry with. According to Alvanon, the global leader in fashion technology, 3D design is the next necessary and logical […]

About 90,000 Cambodian apparel and textile workers could be out of a job if the proposed trade sanctions by the European Union cause fashion brands to source elsewhere, fear workers’ rights groups. Currently, Cambodia profits from the “Everything but Arms” (EBA) scheme established in 2001 that gives […]

Burberry has reported a 5 percent increase in revenue for the first half of the year, saying it’s on track to meet expectations despite “considerable disruptions” in Hong Kong. For the 26 weeks to the end of September, the British luxury brand increased revenue to 1.281 billion pounds, while net profit […]

New York – British fashion retailer Quiz has just announced a partnership with fashion personalisation platform True Fit to integrate its True Confidence solution onto Quiz’s e-commerce site. True Fit’s solution supports Quiz’s strategy to enhance the shopping experience for all customers and is now […]

ANALYSISNew York – The EY luxury and cosmetics index (represented by the companies included in The Luxury and Cosmetics Financial Factbook 2019) has outperformed the market over the last 11 years with a total return of 210 percent and with an average yearly return of 11.5 percent. Furthermore, in the […]

Online British retailer Shop Direct has secured 150 million pounds in funding from its parent company, Shop Direct Holdings Limited (SDHL). The The Littlewoods.com and Very.co.uk owner said that 75 million pounds of the funding will be invested by way of equity injection before the end of November, […]

Canada Goose Holdings Inc. total revenue increased by 27.7 percent to 294 million Canadian dollars (221.7 million dollars) for the second quarter, while revenue rose by 28.3 percent on a constant currency basis. The company said, DTC revenue increased to 74.2 million Canadian dollars (55.9 million dollars) […]

Japanese fashion group Fast Retailing has announced partnerships with two robotics startups in a bid to step up its warehouse automation. The company, which owns Japanese fast-fashion giant Uniqlo, has linked with Mujin Inc., a Japanese intelligent industrial robot controller manufacturer, and Exotec […]

Mulberry has reported widening losses in its half-year results with UK sales down amid “challenging” market conditions. Loss before tax and IFRS16 at the British luxury brand was 9.9 million pounds for the 26 weeks ended 28 September compared to 8.2 million pounds for the same period last year, while […]

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