New York – A recent study shows that out of all consumer whose financial position has improved in the last year, Millenials were the most likely generation to increase spending on consumer products. Within the apparel segment, consumers are favouring value brands, those with strong value proposition, […]

ANALYSISNew York – Doubts over Koovs’ future are building up after the Indian ‘Asos wannabe’ has failed to secure the funding they need to keep up with their ambitions. Lord Alli, formerly at Asos’ helm, listed Koovs PLC on London’s junior stock market, AIM. His vision was to replicate the success he […]

New York – Shoe brand Schuh has teamed up with Recyclatex to foster sustainable fashion. Schuh is inviting their customers to ‘Sell their Soles’ with a similar initiative to that launched years ago by H&M: everyone donating will get a voucher to redeem at the store, seamlessly contributing to a more […]

The Cato Corporation’s sales for the four weeks ended November 2, 2019 of 62.5 million dollars, were up 1 percent, while same-store sales for the month increased 3 percent. The company said, sales for the third quarter were 189.6 million dollars, up 1 percent and same-store sales increased 4 percent. […]

Wolverine World Wide, Inc., for its third quarter said, reported revenue of 574.3 million dollars increased 2.8 percent and adjusting for currency, revenue increased 3.6 percent. Reported gross margin of 42.4 percent, the company added, was in line with expectations, and increased 80 basis points compared […]

In a trading update for the first half year, Superdry Plc said, revenues declined 11.3 percent to 367.8 million pounds (473.2 million dollars), reflecting an expected year of reset, and the need to address a number of legacy issues across the business. The company’s retail sales decline moderated through […]

Sustainable and unisex childrenswear brand Tootsa has announced that it is “pressing pause” on new collections for 2020 and will be temporarily halting production for spring/summer 2020. The move the brand states comes amidst the uncertainty of Brexit, which it states it will use as a “catalyst for […]

Capri Holdings Limited, the parent company of luxury labels Jimmy Choo, Versace, and Michael Kors, is facing challenges after missing its quarterly profit estimate. Overall, the company’s revenue increased. However, sales for Michael Kors, Capri Holdings’ largest label, decreased from 1.13 billion USD […]

Crocs Inc. has opened the doors to a new, 550,000 square foot distribution facility in the U.S. Located in Daytona, Ohio, this center will replace the company's current facility just outside of Los Angeles, California. The Ohio location will serve as the distribution center for all Crocs operations […]

Vince is expanding its portfolio of contemporary womenswear labels. The New York-based luxury apparel and accessories brand has announced the acquisition of Rebecca Taylor and Parker. Both Rebecca Taylor and Parker were previously owned by Sun Capital, a privately held global investment firm that also […]

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