Urban Outfitters reported its net profit for Q3 decreased on Tuesday. Revenues surged by 1.4 percent from the same period last year. For Q3, the company's net profit was 56 million dollars, slipped from 78 million dollars last year. Furthermore, revenues surged to 987 million dollars. The profit margin […]

The company said on Tuesday its Q3 net profit grew. Revenues grew by 6 percent from the same period last year. The company's net profit for Q3 was 828 million dollars, climbed from 762 million dollars a year earlier. Revenues surged to 10,451 million dollars. TJX Companies (NYSE: TJX) is an American […]

German luxury fashion house MCM has licensed Inter Parfums, Inc. to create, develop and distribute fragrances under its label for the next ten, possibly 14 years. The two parties have announced a ten-year licensing agreement, which includes a four-year automatic renewal option, that could potentially […]

In fashion, the smallest detail can make or break a design. In an industry where the fine points matter -- the placement of a zipper, the contrast fabric of a lining -- ERP software, which stands for Enterprise Resource Planning, becomes the paramount solution for managing all business processes smoothly. […]

Handbag Clinic, the luxury bag restoration and resale business, is seeking 2 million pound investment, after embarking on its second capital-raising campaign to help support its global expansion plan. The handbag restorer is hoping to raise more funds to expand in core business areas - brand building, […]

Coty and Kylie Jenner today announced a long-term strategic partnership that involves Coty becoming a majority stakeholder in Jenner's beauty business. One of the world's largest beauty companies with a global portfolio, Coty will acquire 51 percent of the Jenner partnership for 600 million dollars. […]

New York – UK-listed Indian fashion e-commerce platform Koovs PLC said Monday it remains in talks with major shareholder Future Lifestyle Fashions Ltd, owned by Future Group, for completing its outstanding 6.5 million pounds investment. Koovs shares were down 31 percent at 2.50 pence each in London […]

The Estée Lauder Companies, Inc. is expanding its empire. The leading beauty manufacturer and marketer, whose portfolio already includes a number of name-brand skincare, makeup, fragrance and hair care brands, has announced the acquisition of Have & Be Co. Ltd. The deal is expected to close next month. […]

ANALYSISNew York – Self-defined as a ‘technology company’, Chinese e-commerce giant Alibaba Group is planning to take the Hong Kong’s stock exchange by storm. Alibaba’s choice hasn’t left anyone indifferent given the current turmoil hitting the Asian economic centre. Last week, the Chinese e-commerce […]

White Stuff has decided to axe certain positions from its customer and wholesale teams as part of its ongoing business transformation programme, reports Drapers. Confirming the development to FashionUnited, White Stuff spokesperson said in an email statement: “In light of leadership changes earlier […]

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