Apparently suing high end fashion brands is all the rage right now. First Jeremy Scott, and now Ralph Lauren. A patent designer has filed an infringement lawsuit in a Texas federal court alleging Ralph Lauren Corp. knocked off his design for a handbag with an interior that illuminates and can also charge […]

Interluxe Holdings, the New York-based fashion and luxury investment firm that bought a majority stake in Jason Wu last year, has added contemporary brand A.L.C. to its portfolio. Founded in 2009 by former stylist Andrea Lieberman, A.L.C. has gained a reputation for its relaxed silhouettes, cool separates […]

REPORT Foot Locker, for its second quarter ended August 1, 2015, reported comparable-store sales increase of 9.6 percent. Total sales increased 3.3 percent to 1,695 million dollars this year, compared with sales of 1,641 million dollars for the corresponding prior-year period. Excluding the effect of […]

German fashion chain Gerry Weber is prepared to axe a series of jobs, as the company hopes to remove any weak areas in the business following a sluggish performance during the first half of its financial year 2014/2015, during which operational profit dropped 26.8 percent to 36.2 million euros. It remains […]

REPORT Reporting its second quarter fiscal year 2015 results, Gap also reaffirmed its full-year earnings per share guidance to be in the range of 2.75 dollars to 2.80 dollars. Gap’s comparable sales for the second quarter were down 2 percent versus flat last year and net sales decreased 2 percent to […]

DHAKA - After nearly 27 months of the collapse of the Rana Plaza building, located on the outskirt of Bangladesh's capital Dhaka, which housed five garment factories, killing at least 1,136 workers and injuring many, the heirs and victims of the apparel industry's deadliest incident at last got the […]

REPORT Perry Ellis International said that its total revenue for the second quarter of fiscal 2016 was 213.3 million dollars, a 5 percent increase compared to 203.5 million dollars reported in the second quarter of fiscal 2015. The company witnessed increases in its core global brands, Perry Ellis, […]

Department store chain Sears Holdings Corp. (SHLD) posted second-quarter net income attributable to shareholders of 208 million dollar, or 1.84 dollar per share, compared to net loss of 573 million dollar, or 5.39 dollar per share in the comparable quarter last year. Quarterly revenues decreased year-over-year […]

REPORT L Brands, reporting its second quarter results said that earnings per share increased 8 percent to 0.68 dollar compared to 0.63 dollar for the quarter ended August 2, 2014, including a 0.02 dollar negative foreign exchange impact. Second quarter operating income increased 7 percent to 402.9 million […]

REPORT American Eagle Outfitters reported EPS of 0.17 dollar for the second quarter ended August 1, 2015, a significant increase from EPS of 0.03 dollar for the comparable quarter last year, and above EPS guidance of 0.11 dollar to 0.14 dollar. Total net revenue increased 12 percent to a record 797 […]

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