Hudson's Bay Co. chairman Richard Baker and his partners have approached the company's minority shareholders about raising the offer to take the company private. Baker has suggested the idea of raising the offer to 11 dollars a share up from 10 dollars and 30 cents a share. Collectively, Baker and his […]

New York - Retailers announced more than 9,300 store closures this year, a 63 percent increase from 2018, when more than 5,700 stores closed. 2017 marked the previous store-closure record, with 8,000 shops closing for good. According to global retail advisory and research firm Coresight Research, a […]

ANALYSIS New York - The global artificial intelligence (AI) in fashion market accounted for 270 million dollars in 2018 and is expected to grow at a CAGR of 36.9 percent over the forecast period 2019-2027, to account for 4,391.7 million dollars in 2027. A recent report (‘Artificial Intelligence In Fashion […]

ANALYSIS Nueva York - The Indian fashion industry has gone through tremendous change in 2019. FashionUnited looks into where it has landed by the end of the year. Meet the new India’s fashion: Homegrown, craft-oriented, greener, digital-first. The Indian fashion industry is one of the largest in the […]

New York –UK’s fashion retailer Joy Group has just announced its intention to appoint administrators, two years after it was bought out of insolvency in a pre-pack deal with its founders. The chain, which has 10 stores across the country, is understood to have lined up KRE Corporate Recovery, which […]

When it comes to garment manufacturing, the denim industry is the one putting the most strain on the environment due to the washes, dyes and chemicals used and the overall water consumption needed to make just one pair of jeans (currently around 2,000 gallons or 7,600 liters of water). All the more […]

"Made in China" may still evoke more off the rack than catwalk, but Chinese designers are slowly installing themselves in Paris, the fashion capital, as a part of an upscale march towards the lucrative luxury market, a segment that is increasingly made up of Chinese shoppers. As Paris gears up for its […]

Amazon this week announced its holiday season was record-breaking as billions of items were ordered worldwide, although it did not specify exact figures. Popular departments in the U.S. were toys, fashion, home and beauty with more than half a billion total items ordered. “This holiday season has been […]

Though much has changed for the better in Bangladesh’s garment industry - the first ever factory map was published in February, for example, leading the way to more transparency in the supply chain - 2019 was also the year of crackdowns on workers and their rights - as many as 11,600 workers were dismissed […]

New York - Turnover increased at British brand Barbour by 22.8 million pounds to 225.1 million pounds for the year ended on April, 30 2019. The brand, which turned 125 this year, said the results showed the strength of the Barbour name, despite a “backdrop of uncertainty”. Operating profit was up 4.8 […]

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