Matalan on Monday reported better than expected results for the 52 weeks ending 23 February 2019. The value fashion chain saw total revenue increase 3.8 percent to 1.1 billion pounds, stating it was “outperforming the market in what remains a tough retail climate." Full price sales increased by 3.2 […]

Topshop owner Sir Philip Green has been dogged with a new sexual harassment scandal, this time in the United States. The Arcadia Group boss has been charged with four counts of misdemeanour assault, following allegations of inappropriate touching of a fitness instructor in Arizona. According to the […]

New York – Kaupthing, the Islandic bank that owns British womenswear label Karen Millen, would be exploring options to sell the fashion brand after receiving some unsolicited offers. The bank, known as the first one to collapse in the 2008 crisis, is reviewing options after unsolicited offers, Sky News […]

New York – Administrators at British fashion retailer Select – which entered administration in May – are said to have asked the company’s landlords to approve the second company voluntary arrangement they proposed last week. News broke on Monday that the administrators at the ailing retailer have begun […]

PVH Corp. has completed the acquisition of a 78 percent stake in its long-term Australian supplier and retailer Gazal Corporation Limited and its joint venture with PVH named PVH Brands Australia Pty Limited. The transaction was first announced in February. According to a statement issued by PVH Corp., […]

Fashion e-tailer Global Fashion Group (GFG) has announced its intention to conduct an IPO and a listing of its shares on the Frankfurt Stock Exchange. The company, which operates e-commerce platforms The Iconic, Zalora, Dafiti and Lamoda, said it intends to raise approximately 300 million euros in the […]

Scotland-based footwear retailer Schuh has announced plans to close all three of its stores in Germany at the end of June to focus efforts on its UK, Irish and Channel Island business. The company said changes in the market over the past few years as well as the impact of Brexit lead to the decision, […]

ANALYSIS New York – The Californian online women’s retailer is set to price its offering on June 6 and trade the next day, a source close to the matter said in late May. FashionUnited analyses why this news has gotten all the industry excited. According to documents filed by the fashion retailer on […]

For the first quarter ended May 4, 2019, net sales at Gap Inc. were 3.7 billion dollars, a decrease of 2 percent compared with last year, while gross profit was 1.34 billion dollars, down 6 percent. Diluted earnings per share were 0.60 dollars on a reported basis. “This quarter was extremely challenging, […]

“Let’s talk about how we measure our impact, our sustainability strategy and our kick-ass goals for 2020.” With the first Mud Jeans sustainability report, ever, Mud Jeans look at both the past and the future. As a circular denim brand and B Corp, Mud Jeans have made one hell of an impact during the […]

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