BONAMI is best known for creating artisanal, premium quality mannequins for the fashion industry. A Belgian family-run business, founded in 1987, BONAMI has dedicated themselves to perfecting their craft over the years, producing the highest quality mannequins while focusing on the intersection between […]

__ Ralph Lauren Corporation reported net income in the third quarter of fiscal 2020 of 334 million dollars or 4.41 dollars per diluted share on a reported basis, while on an adjusted basis, net income was 217 million dollars or 2.86 dollars per diluted share. This, the company said, compared to net […]

Tiffany & Co. Tuesday said its shareholders approved its acquisition by French luxury products maker LVMH Moët Hennessy Louis Vuitton SE or LVMH Group (LVMHF.PK, LVMUY.PK). The stockholders approved certain compensation arrangements for named executive officers in connection with the merger. The company […]

The company said Tuesday its Q3 net profit surged. Compared with the same period last year, revenues grew by 1 percent. The company's net profit for Q3 was 334 million dollars, grew from 120 million dollars a year earlier. Revenues grew to 1,751 million dollars. For 50 years, through family of labels […]

January 2020 same-store sales including online sales decreased by 7.9 percent at Uniqlo Japan, part of the Fast Retailing Group. The company said in a statement that total sales including online sales decreased by 8.1 percent. Uniqlo Japan attributed same-store sales decline in January to warm weather […]

Announcing an updated strategy and three-year plan designed to stabilize profitability and position the company for growth, Macy’s Inc. said, the company plans to close approximately 125 of its least productive stores over the next three years, including approximately 30 stores that are in the process […]

An advertisement by fast fashion retailer Pretty Little Thing has been banned for being offensive and overly sexualized. The campaign, which features scantily dressed women wearing exposing lingerie, was shown in a YouTube advertisement but banned by the Advertising Standards Authority (ASA) for depicting […]

Beales, the department store that began trading in Bournemouth in 1881 and has 23 shops, has announced it will cut 32 head office jobs after it entered into administration. The company announced there will be no immediate store closures as the chain hopes to find a suitable buyer for the business. Accountancy […]

Alt Mat, Block Texx, Descatuk, Indra Water, Infinichains, JSP, PurFi, Sasmira and Textile Genesis. These are the nine start-ups selected for Fashion for Good’s first innovation programme focused on South Asia, which will take them on a nine-month journey including mentoring, coaching and support from […]

Mike Ashley’s Frasers Group, formerly known as Sports Direct, has announced it has acquired a 12.5 percent share in luxury British handbag label Mulberry as the group moves forward with plans to become more upmarket. Though a price for the deal wasn’t disclosed, based on Friday’s share price when the […]

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