ANALYSIS New York – The year will end with a bittersweet taste for retailers in the U.S., as even if online sales modestly inched up in November and December, the estimated volume – and cost – of returns of those items purchased online is expected to hit record heights, setting the total estimated cost […]

New York - Brazil's largest fashion retail group, Lojas Renner, closes 2019 venturing into the Argentine market. Lojas Renner has opened two stores, the first in Córdoba and the second one in Buenos Aires. According to the Argentine press, the investment in the Cordoba store reached 8 million dollars […]

The need for clothing brands and retailers to be more open about their supply chains has become clear over the years, but according to GlobalData it may take more than voluntary action. In a press release, the company announces that legislation may be the answer. Following disasters such as the collapse […]

Apex Global Brands, for its third quarter of fiscal 2020, reported revenues of 4.9 million dollars, a decrease of 16 percent compared to the same quarter in the prior year. On a year-to-date basis, revenues were 15.5 million dollars for the first nine months, a decrease of 15 percent reflecting decreases […]

YKK is continuing its tradition supporting emerging artists and designers by showcasing Turkish contemporary artist Deniz Sağdıç and her love of denim in its latest exhibition and window display at its London Showroom on Commercial Street. In recent months, YKK has displayed sculptural footwear designs […]

The White Company Group has changed its year-end date to the end of July to align with its parent company, and so the published results for the latest financial year are for an extended 70-week period. The company said in a statement that despite the ongoing challenges impacting the retail sector, group […]

The company said on Thursday its Q2 net profit grew. Compared with the same period last year, revenues grew by 10 percent. For Q2, the company's net profit was 1,115 million dollars, grew from 847 million dollars last year. Furthermore, revenues grew to 10,326 million dollars. Nike, Inc. (NYSE: NKE) […]

Nike, Inc. has announced that its revenues for its second quarter ended November 30, 2019 increased to 10.3 billion dollars, up 10 percent on a reported basis and up 13 percent on a currency-neutral basis, driven by strong growth across all geographies. The company said, diluted earnings per share for […]

Talon International, a provider of sustainable solutions for zippers and trims, has joined the CFDA's Supply Chain Collective. The Supply Chain Collective is a new initiative that works to bring greater value to the nearly 500 American designers who are members of the CFDA. Talon International's inclusion […]

The Zac Posen trademark has reportedly been bought at auction by Centric Brands. The new business arrangement affects the Zac Posen brand and related intellectual property, according to WWD. Posen is also reportedly working out details regarding his involvement in the deal. In October, Posen shuttered […]

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