Thierry Gillier, founder of Zadig and Voltaire, has acquired luxury cashmere brand Lucien Pellat-Finet. “I am delighted to continue the adventure of this emblematic brand with the complicity of Lucien who will become a member of our board,” said Gillier in a short statement. Founded in 1994 by designer […]

REPORTNew York – Shares of Tilly's Inc. (TLYS) fell more than 11 percent in the extended session Wednesday after the apparel retailer reported fiscal first-quarter earnings in line with Wall Street expectations. “Tilly’s continued its positive momentum during the first quarter of fiscal 2019 with its […]

REPORTNew York – PVH Corp. the parent group of the Calvin Klein and Tommy Hilfiger brands, announced Wednesday that its first-quarter revenue rose 1.8 percent to 2.36 billion dollars. However, the figures came short of analysts' consensus estimate of 2.37 billion dollars. Excluding items, the company […]

Abercrombie & Fitch Co announced today an increase of net sales to 734 million dollars for its first quarter of the 2019 fiscal year, which quarter ended on May 4, 2019. While net sales only increased slightly compared to the same quarter last year, the company experienced an improved operating loss […]

For the fourth quarter ending on March 30, 2019, Capri Holdings Limited announced a growth of 13.9 percent, with a total revenue of 1.344 billion dollars. The global fashion luxury group, experienced a full year revenue growth of 11 percent, while on a constant currency basis, total revenue increased […]

New York – Portuguese fashion logistics startup HUUB has just raised 1.5 million euro from the Danish shipping giant Maersk. The new funding follows on a 2.5 million euro investment from Pathena in 2018. “We knew we were in an interesting place to negotiate a new investment before the next round – the […]

New York - German fashion start-ups Outfittery and Modomoto have announced they are merging after ten years of competition. The merger will help them accelerate growth in Europe and become a stronger competitor to Zalando’s Zalon. Although the financial details of the merge remain undisclosed, both […]

Celebrity-loved London-based baby and toddler clothing brand, Mori has raised more than 4 million pounds in a Series A funding round, which it states will help it open bricks-and-mortar stores and expand into the US and other international markets. The premium clothing and accessories brand for newborn […]

After months of exclusive negotiations and recent approval from the Autorité de la concurrence, Maus Frères International has quickly moved to officially acquire The Kooples, according to an announcement from the Swiss group. Maus Frères recently its negotiations for The Kooples in March 2019, and received […]

Tights have been a part of our wardrobe for centuries. They started as a men’s affair, but became a womenswear staple when hemlines started rising around the 1920s. Nylon and Lycra, invented by DuPont in the 1940s and 1950s respectively, contributed to make tights even more popular by conferring strength, […]

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