We all know the trademarks of the fast fashion industry, the negative impact it leaves on the environment, the throwaway culture it breeds to satisfy the need for the new, and the waste is causes when unsold clothes end up in landfill. But by-product aside, the fast fashion business model may in fact […]

London Designer Outlet (LDO) at Wembley Park has announced that it achieved 22 consecutive quarters of year-on-year growth. The company said, for the months of June, July and August, total revenue grew by 9.2 percent compared to the same three months in 2018. The company added that like-for-like revenue, […]

Abercrombie & Fitch Co. has announced the appointment of two key senior executives to lead its Europe, Middle East, and Africa (EMEA) and Asia-Pacific (APAC) regions. The company said in a statement that Daniel Le Vesconte and Olga Wu recently joined A&F Co. as Group Vice Presidents, overseeing […]

Net sales at Abercrombie & Fitch Co. for the second quarter ended August 3, 2019, decreased 0.2 percent to 841.1 million dollars, and increased 1 percent on a constant currency basis as compared to last year. Comparable sales were flat against positive comparable sales of 3 percent last year. Gross […]

CEO INTERVIEWYou’ve probably heard it a million times already: the future of fashion is personalized. As new technologies allow brands to customize products and services according to customer’s tastes, lifestyles and past purchasing behavior, consumers will grow to expect to get a personalized experience […]

American fast-fashion retailer Forever 21 is reportedly mulling a bankruptcy filing. The company is focusing on securing a debtor-in-possession loan to take it into Chapter 11 bankruptcy, Bloomberg reports, citing people with knowledge of the plans. However, a potential last-minute deal is still speculated […]

Jack Ma believes artificial intelligence poses no threat to humanity, but Elon Musk called that "famous last words" as the billionaire tech tycoons faced off Thursday in an occasionally animated debate on futurism in Shanghai. The Chinese co-founder of Alibaba and the maverick industrialist behind Tesla […]

For the second quarter of fiscal 2019, total net sales at Tilly’s were 161.7 million dollars, an increase of 4.3 million dollars or 2.8 percent, while comparable store net sales, which includes e-commerce net sales, increased 0.6 percent and ecommerce net sales increased 15.7 percent. The company said […]

Shoe Carnival has reported net sales of 268.2 million dollars for the second quarter, a 0.1 percent decrease compared to the second quarter of fiscal 2018, while comparable store sales increased 1.4 percent. Gross profit margin 0.6 percent to 30.6 percent compared to 31.2 percent in the second quarter […]

For its second quarter, Guess, Inc. recorded GAAP net earnings of 25.3 million dollars, a 0.8 percent decrease compared to 25.5 million dollars for the second quarter of fiscal 2019, while GAAP diluted earnings per share increased 12.9 percent to 35 cents compared to 31 cents for the prior-year quarter. […]

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