Shoppers continue to bid farewell to Barneys New York, which was recently sold to ABG Group. While Barneys is expected to continue to live on in some form (A licensing deal could see it as a shop-in-shop within Saks Fifth Avenue stores), their customers have been anxiously awaiting for the department […]

American investment firm Carlyle Group LP is reportedly mulling a bid for British footwear brand Dr Martens. Carlyle is in early talks over a potential offer, though no decision has been made and other bidders could emerge, Bloomberg reports, citing people familiar with the matter. The British brand, […]

After announcing plans to exit the Dutch market in September this year, Hudson’s Bay Netherlands has now requested a deferment of payment, reports RTL Z. According to the report, the Hudson’s Bay has announced that says “it can no longer meet the payment obligations due to the court decision and the […]

London-based retailer Trouva has received a 17 million pound investment to help fuel its international expansion. The funding, led by Octopus Ventures alongside C4 Ventures, Downing Ventures, BGF and LocalGlobe, will help the company “further establish itself as the global destination for the best of […]

The chairman of Dubai-based Damac Properties, Hussain Sajwani, has confirmed the purchase of 100 percent of Italian fashion group Roberto Cavalli through his private investment company Vision Investments, part of the Dico Group. The acquisition of the brand, which was completed on 28 November, marks […]

British womenswear retailer Bonmarché could be rescued by rival Peacocks after falling into administration earlier this year. Administrator FRP Advisory has named discount fashion chain Peacocks as the “preferred bidder” for the business after the deadline for bids ended on Friday 15 November, although […]

Vinted, Europe’s online C2C marketplace for second-hand fashion, has raised 128 million euros (141 million dollars) in an equity funding round, valuing the company at over 1 billion euros. The company said in a statement that this latest round of funding will be used to invest in product development […]

We all know the gown in question: the iconic green jungle print goddess dress worn by Jennifer Lopez at the 2000 Grammy Awards. It turned heads then, subsequently kickstarted Google search and made history once more when Versace showed it some twenty years later for its SS20 collection and nearly “broke” […]

Online women’s fashion label Sosandar PLC said revenue increased by 53 percent to 2.82 million pounds for the six months to September 30, 2019. Gross margin for the period was 54 percent compared to 55 percent in the previous year, while gross profit increased to 1.5 million pounds against 1.01 million […]

Burlington Stores, Inc., for the third quarter ended November 2, 2019 reported total sales increase of 8.6 percent to 1,775 million dollars, while comparable store sales increased 2.7 percent. Net income for the quarter increased 26 percent to 96 million dollars or 1.44 dollars per share vs. 1.12 dollars […]

Related news