Omni-channel fast fashion brand Quiz has announced that group's revenue increased by 12 percent to 130.9 million pounds (171.2 million dollars) during the financial year ended March 31, 2019. The company said in a statement that it continues to anticipate that the group's EBITDA will be approximately […]

Fast Retailing Group has reported 6.8 percent rise in its first half revenues to 1.2676 trillion yen, while operating profit of 172.9 billion yen (1.56 billion dollars), increased 1.4 percent, and pre-tax profit rose 5.5 percent to 174.2 billion yen (1.57 billion dollars). The company said in a statement […]

Until now, custom-made production on an industrial scale has not been possible and thus, has been uneconomical for most fashion companies. This has since changed. Numerous international startups have been launched in recent years with exactly this idea, thanks to new technologies available today. Personalisation […]

In its first quarter, LVMH Moët Hennessy Louis Vuitton, reported revenue of 12.5 billion euros (14.1 billion dollars), an increase of 16 percent, while the company said, organic growth was 11 percent compared to the same period of 2018. The group’s fashion & leather goods business group achieved organic […]

Maximalism has been trending for close to a decade now. In 2010 as the world began to pull itself out of the worst global economic crisis since the Great Recession, designers began returning to a maximalist aesthetic. Embellishments, bright colors, patterns, and the idea of wealth was celebrated again. […]

ANALYSIS New York – Hours before Debenhams made public its ‘pre-packed administration’ deal, Mike Ashley, founder and owner of Sports Direct, made a last-minute offer to the ailing retailer. So why did Debenhams’ management turn down that eleventh-hour lifeline? Sources close to the matter have unveiled […]

ANALYSIS New York – Earlier this week the British department store chain entered administration after struggling for years with shrinking margins, rising costs and a loss of consumers’ interest in their offering. Now, lenders have taken control and this is what the market says. This Tuesday Debenhams […]

British e-commerce giant Asos has seen its pre-tax profits slide 87 percent for the six months period ending 28 February. The company stated its sales have since stabilised but dropped in Google and search rankings when it adjusted its navigation resulting in a drop in website visits. Asos Chief executive […]

Revenues in the first three months of fiscal 2018/19, Ahelrs Ag said exceeded the expected decline at medium single-digit percentage rate. The company added that though sales of suits and jackets continued to stabilise as in the fourth quarter of the previous year, they were down by 1.6 million euros […]

Ted Baker has entered into an agreement with Shanghai LongShang Trading Company Ltd. (LS) to create a joint venture in Mainland China, Hong Kong and Macau. The company said, LS will assign its rights under the JV to a newly incorporated Hong Kong investment vehicle to be wholly owned and formed by LongGoal […]

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