For more than two years, Brexit has been a daily hot topic in the news. Ever since the UK’s ‘leave’ vote on 23 June 2016, no other topic has dominated European politics quite like Brexit. Nevertheless, there has been no real progress ever since. Theresa May once promised that “Brexit means Brexit and […]

For the first quarter to February 28, 2019, Hennes & Mauritz AB (H&M) group’s net sales increased by 10 percent to 51,015 million Swedish krona (5,498.6 million dollars), while in local currencies, net sales increased by 4 percent. The company said, the online platform in Germany was replaced during […]

Restoque Comércio e Confecções de Roupas S.A. said that it focused on increasing sales per square meter and full-price sales, continuing with the restructuring of its stores, which began in 2017, by closing 29 stores in 2018 and 49 in the previous year. As a result, 2018 registered a 6.4 percent growth […]

In its results statement for the fourth quarter and full year, Oxford Industries, Inc. said, fourth quarter net sales increased to 298.5 million dollars, including a 2 percent comparable store sales increase. For the full 2018 fiscal year, net sales increased to 1.107 billion dollars, including a 4 […]

Earlier this month in New York, Instagram previewed a new set of tools for influencers and brands to help increase transparency of influencer marketing. As reported by Vogue Business, the updates will include the ability for brands to boost sponsored posts, meaning they can pay to promote and target […]

The latest version of the Open Apparel Registry (OAR) -- a free, open source tool mapping garment facilities worldwide -- went live today, following a beta release in 2018 and a series of improvements based on user feedback. Companies can use the tool to update their address book, find new suppliers […]

INTERVIEW British-made men’s luxury swimwear brand Naeco offers sustainable and stylish beachwear made from recycled ocean plastics, with each pair of Naeco swim shorts made from 15 plastic bottles. The brand was founded by avid kite-surfer and e-commerce and marketing expert Zac Johnson who saw first […]

In the 2018/19 financial year, according to preliminary forecasts the Otto Group’s revenues on a comparable basis increased by 3.5 percent to reach around 13.5 billion euros (15.1 billion dollars), while the company said, internationally active retail and services group was not able to repeat the outstanding […]

Debenhams bondholders have given the green light for a 200 million pound refinancing scheme that hopes to breathe life into the struggling department store chain. In an announcement on Thursday, Debenhams said it had received approval from the majority of holders of its 5.25 percent senior notes due […]

Footwear retailer Dune is reportedly among a handful of parties to have made final bids for LK Bennett this week. According to Sky News, the privately held Dune Group lodged a final bid for LK Bennett with administrators at EY this week after the struggling retailer fell into administration earlier […]

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