ANALYSISVersace is currently debating the location of its planned stock market listing. As revealed by the Italian fashion house´s chief executive, they are hesitant between Asia and the United States. Versace, in which private equity group Blackstone bought a 20 percent stake in 2014, is working on […]

REPORT Esprit Holdings, for its financial results for the 12 months ended June 30, 2015 said that the year was an exceptionally challenging one in which the group’s financial performance was adversely impacted by internal and external factors. The group reported a decline in turnover to 19,421 million […]

REPORT Hennes & Mauritz (H&M) for the nine months from December 1, 2014 to August 31, 2015 said that the group’s sales excluding VAT increased by 22 percent to 132,167 million Swedish krona (15,713 million dollars). In local currencies the increase was 12 percent. Commenting on the group’s positive […]

New York - Stallion Inc. has become a new majority investor in luxury brand J. Mendel. They acquired the stake from Gores Group, the L.A. private equity firm. Stallion Inc. will be joining existing shareholders Gilles Mendel, CEO, Creative Director, and fifth-generation family member, who will retain […]

REPORT Highland Group Holdings, the parent company of House of Fraser, for the 26 weeks to August 1, 2015 said that total GTV increased to 574.2 million pounds (887 million dollars), on like-for-like sales growth excluding VAT of 6.5 percent. Online sales excluding VAT increased by 30.8 percent, and […]

New York - Versus Versace is Versace's diffusion line that tugged along like the little engine that could for quite some time. The brand went through a series of guest designers and makeovers, but at last it finally seems to have found its way home. Gian Giacomo Ferraris, Versace's CEO, told WWD that […]

London - Sportswear giant Adidas has filed a lawsuit against Skechers in America over alleged trademark infringement, after it claims that Skechers were selling copies of a trainer similar to its popular Stan Smith shoes. The lawsuit, filed in the federal district court in Portland, Oregon, accuses […]

Online tailor A Suit That Fits has raised more than 1 million pounds through crowdfunding site Crowdcube, doubling its 500,000 pounds target. The London-based business, which believes the bespoke tailoring experience should be available to all, has raised 1,005,800 pounds through Crowdcube in exchange […]

American Eagle Outfitters (NYSE: AEO)´s Executive Chairman and Interim CEO Jay Schottenstein has revealed he has just purchased 500,000 dollars’ worth of shares of stock at 15.74 dollars per share. Schottenstein has acquired the shares in the open market through SEI Inc., a family holding company, according […]

REPORT French Connection Group, in its results for the six month period ended July 31, 2015 said that poor response to spring collection led to rise in loss before tax compared to the previous period. For the half-year, the company reported a loss before taxation of 7.9 million pounds (12.2 million […]

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