Sequential Brands Group Total revenue for the third quarter ended September 30, 2020 at Sequential Brands Group was 24 million dollars compared to 25.4 million dollars in the prior year quarter. Adjusted EBITDA from continuing operations reached 18.9 million dollars compared to 13.2 million dollars […]

On November 10 and 11, the International Apparel Federation held a digital ‘pre-event’ to its 36th IAF World Fashion Convention to be held June 7 and 8 2021 in Antwerp, Belgium. The goal of the pre-event was to start a global, industry wide and in-depth conversation on the Convention’s theme: ‘Transition […]

Topshop owner Arcadia has denied a report by The Sunday Times that they are exploring bankruptcy. Sky News also reported that Arcadia was seeking 30 million pounds in loans to sustain the business as the U.K.’s second lockdown is poised to do more damage to the already struggling retailer. However, […]

JD Sports has reportedly stepped up its interest in department store chain Debenhams. The sportswear retailer has been granted access to Debenhams’ secure data room to examine its finances, The Telegraph reports, indicating the retailer is serious about a potential rescue deal. Debenhams fell into ‘light […]

Iconix Brand Group, Inc. total revenue for the third quarter was 24.5 million dollars, a 31 percent decline, compared to the same quarter of 2019. The company said, revenue across all segments was primarily negatively impacted by the effects of the Covid-19 pandemic on the global economy. GAAP net income […]

JD.com, Inc., for the three months ended September 30, 2020 reported net revenues of 174.2 billion Chinese yuan (125.7 billion dollars), an increase of 29.2 percent from the third quarter of 2019. The company said in a statement that net income attributable to ordinary shareholders was 7.6 billion Chinese […]

Sir Philip Green’s Arcadia is reportedly seeking tens of millions of pounds in funding from lenders as it continues to grapple with the impact of Covid-19. The group, whose portfolio includes Topshop, Burton and Dorothy Perkins, has approached several potential lenders about borrowing around 30 million […]

UK-based creative company The Midnight Club has launched a mentorship programme to support young creatives beginning their careers. The Help Our New Emergent Youth (Honey) initiative has been set up to offer young creatives mentorship across brand and business strategy, creative and concept direction, […]

Men’s Wearhouse owner Tailored Brands has announced it expects to exit Chapter 11 bankruptcy by the end of November after winning approval for its reorganisation plan by the US Bankruptcy Court for the Southern District of Texas. The company filed for bankruptcy back in August after experiencing a significant […]

The UK’s Competition Appeal Tribunal has overturned a decision made earlier this year by the country’s Competition and Markets Authority (CMA) to block an acquisition by JD Sports of rival sportswear retailer Footasylum. The CMA announced in May it had blocked the 90 million pound deal after finding […]

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