For its first quarter to June 29, 2019, Burberry Plc reported retail revenue of 498 million pounds compared to 479 pounds same quarter last year, representing a growth of 4 percent at reported FX and 2 percent CER. The company said, comparable store sales increased 4 percent with growth led by new product. […]

Ever wondered how denim manufacturers make their jeans achieve that vintage, worn look? Sandblasting is the most common way to do that, but the procedure is quite dangerous, as workers may inhale the sand particles. When the silica present in the sand builds up in the lungs and breathing passages, workers […]

Goodbye Kering, hello LVMH. Stella McCartney has teamed with the French luxury group just one year after splitting with its rival. LVMH has shared in a press release that details of the deal will be disclosed in full in September. However, it is has announced that McCartney will remain as creative director […]

Mike Ashley’s Sports Direct has announced it will be delaying publication of its preliminary results for the year ended 28 April until between 26 July and 23 August. The company said the delay was partially caused by “the complexities of the integration into the company of the House of Fraser business, […]

Sir Philip Day’s Dubai-based investment firm Spectre Holdings has announced it will be delisting Bonmarché from the London Stock Exchange after it secured 93 percent of shares in the womenswear retailer. Day’s firm said that by 12 July, the deadline for its takeover offer, it either owned or had received […]

Workers at seven of Amazon’s twelve warehouses in Germany are going on strike between Sunday evening and Monday, according to a press release by trade union Verdi. The date coincides with Prime Day, Amazon’s annual discount event. Under the motto “no more discount on our incomes”, workers will stage […]

American luxury department store Barneys New York Inc is said to be looking for options including a bankruptcy filing, reports Reuters citing people familiar with the development. It is understood that the store is finding it hard to survive amid high rents and changing consumer tastes and has roped […]

New York – US-based Charming Charlie Holdings Inc. has announced it will close all its stores after going bankrupt for the second time in less than two years. More than 3,000 full- and part-time employees could lose their jobs. The fashion accessory chain filed for Chapter 11 protection in Delaware […]

New York - The largest fashion retailer in the world celebrates its Annual General Shareholders' Meeting this week. Among other decisions, shareholders are to cast a vote on the appointment as of Carlos Crespo as executive director. This is the step prior to his election as CEO. The group founded by […]

Heist, the British start-up renowned for its break-through innovation and consumer-centric approach to underwear, has identified nude shades that are representative of women across the globe. Using insights from 100,000 women and data science to analyze swatches of skin tones from a dedicated microsite, […]

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