Laura Ashley has published a trading update reporting flat sales in the first seven weeks of the year and has said it will “consider all appropriate options” if it is unable to secure the additional funding it is currently seeking. The British fashion and homeware retailer has confirmed that its majority […]

For its first 2020 exhibition and window display at its London Showroom on Commercial Street, YKK is championing footwear designer Anastasia Radevich to showcase her sculptural designs. Anastasia Radevich, follows on from an impressive list of emerging talent who YKK have showcased including Japanese […]

Belgian fashion label A.F. Vandevorst is shutting down. The brand of An Vandevorst and Filip Arickx will be discontinued after 22 years, the couple told WWD. The collection currently in stores will be the last of the label. “We are humbled and honoured to be known for exploring new boundaries; for creating […]

Different day, same story: A fire breaks out in a garment factory, exits are shut and workers die because they cannot get out. This time, Nandan Denim was affected, in Ahmedabad, the largest city in the western Indian state of Gujarat. The fire broke out last Saturday evening, killing seven workers […]

Reuters has reported that MyTheresa is set to list on the New York Stock Exchange. The Neiman Marcus owned e-tailer is working with Morgan Stanley on the planned listing, which could happen as early as April. Neither Neiman Marcus or Morgan Stanley responded to comment on the matter. It is reported […]

Two months after reports that Centric Brands bought Zac Posen's trademark at auction first began circulating, the lifestyle brand collective has confirmed its recent acquisition. Centric Brands has purchased the Zac Posen brand and all related intellectual property, which was previously held by Z Spoke, […]

Caleres expects fourth quarter 2019 consolidated net sales of approximately 700 million dollars, down 3 percent compared to 2018. The company said in a statement that Famous Footwear net sales are expected to reach approximately 370 million dollars, with same-store-sales up 5.1 percent, while brand […]

Alibaba was well on its way to continuing its upward trajectory of being an e-commerce behemoth...that was until the coronavirus struck. The company has warned of a drop in revenues as the coronavirus continues to affect China hitting supply chains and deliveries. The warning took place during a December […]

Nautica has a new production and distribution partnership. Men's dress shirts for the Authentic Brands Group-owned apparel brand will now be designed and developed by Versa Group. Versa Group has a history of over 25 years manufacturing men’s shirts, ties and accessories using state-of-the-art equipment, […]

American retail chain Kohl's will lay off 250 workers following a disappointing holiday season. The company has announced plans to restructure part of its business. While Kohl's does not plan to shutter any stores, part of its job cuts will include removing a layer of regional store leadership roles. […]

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