New York – C&A has filed an application for an initial public offering (IPO) with the Securities and Exchange Commission of Brazil (CVM). The company's goal is to raise circa 2 billion dollars. The filing presents an expansion plan that foresees the opening of 159 new stores in Brazil, investments […]

ANALYSIS New York - Arthur Peck, CEO of The Gap, said that his company will have to battle for a younger customer and get the best yield out of a promotional retail environment. Earlier this week, The Gap held an analyst day for Wall Street. The company’s CEO, summed up the corporate strategy based […]

New York – British fashion and homeware brand Laura Ashley has appointed IMG as its new licensing partner to exclusively license the retailer in mainland China, Hong Kong and Taiwan in a bid to make up for widening losses back to the UK. “We are delighted to have appointed IMG on an exclusive basis […]

To build on longstanding efforts to reduce environmental impacts and drive positive change, Gucci is offsetting all remaining Greenhouse Gas (GHG) emissions annually from its own operations and the entire supply chain through four critically important REDD+ projects that support forest conservation […]

Fashion companies continue to invest in strategies that promote inclusion. Macy's is the latest such company, as the American retailer, which operates Macy's and Bloomingdale's stores, has announced a new approach intended to ensure that it reflects the diversity of the communities it serves. The company […]

Hudson’s Bay Company’s (HBC) second quarter revenues totalled 1.9 billion Canadian dollars (1.4 billion dollars), including a 19 percent increase in digital sales, while comparable sales decreased 0.4 percent. The company said, gross margin declined 530 basis points year-over-year to 34 percent due […]

BACKGROUND Six years ago, the worst industrial accident in the history of Bangladesh occurred. More than 4,000 people were buried under debris and at least 1,138 killed when the Rana Plaza building collapsed, housing several garment factories where western apparel companies manufactured their clothes. […]

Despite the prospect of significant gains in efficiency and sustainability, 3D adoption within the apparel industry remains relatively slow compared to the otherwise fast-paced world of fashion. A lack of skilled workforce with practical know-how as well as direct experience of the benefits and gains […]

In its unaudited results announcement for the first half year, John Lewis Partnership said that it made a loss of 25.9 million pounds (32 million dollars) compared to 0.8 million pounds profit last year. The company said, this decline was principally due to the increase in operating losses in John Lewis […]

Second quarter net sales at Oxford Industries, Inc. were 302 million dollars compared to 302.6 million dollars in the second quarter of fiscal 2018. The company said, earnings on a GAAP basis were 1.76 dollars per share compared to 1.61 dollars in the same period of the prior year. On an adjusted basis, […]

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