OPINION Say Au Revoir to Raf Simons at Calvin Klein. It was a short, albeit brilliant tenure of two years and four collections. The man even became the second designer in CFDA history to win the award for menswear and womenswear designer of the year, a feat only ever accomplished before by Calvin Klein […]

Footasylum has experienced a drop in shares after a full-year profit warning, despite reporting a 18.5 percent rise in sales to 98.6 million pounds for the six months to 25 August. The UK retailer said it now expects full-year underlying earnings to fall at the lower end of its forecasts, following […]

Total sales at John Lewis & Partners, the company said in a statement, were up 11.2 percent for the week ending January 5, 2019, on last year, in what was the first full week of clearance. The company added that fashion sales were up 20.4 percent for the week under review. While menswear witnessed the […]

Chanel is looking to strengthen its position in the watchmaking market. The French fashion house has acquired a 20 percent stake in Kenissi, a Swiss company making small timepiece parts, Reuters reports. Kenissi joins a number of other watch companies in Chanel’s investment portfolio, which also includes […]

In its annual accounts statement for the year ending March 31, 2018, Whistles Limited reported revenues of 68.5 million pounds compared to 68.9 million pounds in 2017. In its filing with the Companies House UK, the company which in 2016, was acquired by Foschini Group through its subsidiary, TFG Brands […]

British lifestyle brand Joules said that the brand continued to perform well over the festive trading period with retail sales increasing by 11.7 percent against the prior year on a comparable basis, reflecting growth across all of the brand’s product categories. Retail performance during the period, […]

For the 53 weeks to April 1, 2018, Missguided reported rise in revenues to 215.9 million pounds compared to 205.8 million pounds last year, however, the company said in accounts filed with the Companies House UK that losses widened to 46.6 million pounds against 1.3 million pounds last year due to “significant […]

We could be saying goodbye to Sears sooner than we think. The company is preparing itself for liquidation after their chairman Eddie Lampert's bid to buy the stores out of bankruptcy fell shorts of bankers qualifications. The news was first reported by Bloomberg. Last Friday an emergency meeting was […]

Callaway Golf Company (Callaway) has completed the announced acquisition of Jack Wolfskin from the previous shareholders on January 4, 2019 for 418 million euros or approximately 476 million dollars at an exchange rate of 1,140 euros to the US dollar. While Callaway is headquartered in Carlsbad, California, […]

MPs have backed new plans to fine firms that repeatedly fail to pay suppliers within 30 days. A YouGov poll commissioned by the Association of Accounting Technicians (AAT) found that nearly three-quarters (73 percent) of MPs agreed with new measures proposed by ATT to cut-down on late payers, the Guardian […]

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