The British luxury sector could lose up to 6.8 billion pounds worth of exports a year as a result of a no-deal Brexit, new research reveals. Data from the international consultancy firm Frontier Economics, commissioned by trade association Walpole, reveals that up to 20 percent of British luxury exports […]

For the year to January 31, 2019, French Connection Group Plc said, underlying results show a profit of 0.1 million pounds (0.13 million dollars) compared to loss of 2.1 million pounds in 2018, and the first underlying profit for the business in seven years. Group revenue from continuing operations […]

For its second quarter, Stitch Fix, Inc. said active clients reached 3 million, an increase of 18 percent year over year, while net revenue of 370.3 million dollars, increased by 25 percent year over year. The company added that net income for the quarter was 12 million dollars and adjusted EBITDA reached […]

REPORTNew York – Fashion Box, the parent company to fashion brand Replay, has posted 237.9 million euro in revenues over 2018, enjoying a 21 percent jump in earnings before interest, taxes, and amortization (EBITDA), reaching 21.7 million euro. As advanced by the fashion company’s management, the group […]

ANALYSIS New York – The veteran jeans maker keeps advancing with its plans to return to the trading floor after more than three decades absent from the public markets. This is posed to one of the highest-profile initial public offerings (IPO) in the U.S. this year. Levi Strauss filed the paperwork for […]

ANALYSIS New York – The online fashion giants have confirmed this Monday their intention to merge their businesses and operations in China. This move, first announced in February, comes after Farfetch acquired’s luxury fashion arm, Toplife. The relationship between the two companies goes back […]

Liam Gallagher’s struggling menswear brand Pretty Green has called in advisers to weigh up options for the future of the company. Founded by the Oasis frontman in 2009, the brand called in Moorfields Advisory on Friday, with a spokesperson saying in a statement that the company was “not immune to the […]

It’s official: Levi Strauss & Co will be returning to Wall Street after a hiatus of 35 years. The company announced today that it has commenced an initial public offering (IPO) of 36,666,667 shares of its Class A common stock. The price is currently expected to be between 14 US dollars and 16 US […]

Superdry has released a statement urging its board to reject co-founder Julian Dunkerton’s bid to return to its board, saying that the move would be “strongly damaging” to the company. Superdry’s board said they received a request from Dunkerton and James Holder, who together founded the company in […]

Laybuy, New Zealand’s leading buy now, pay later service, officially launches in the UK with Footasylum confirmed as its first major retail partner. Footasylum will offer UK shoppers the buy-now, pay in six option, allowing customers to spread the cost of purchases over six weekly automatic payments, […]

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