London - RewardStyle, the affiliate platform used by the world’s top bloggers, founded by husband and wife team Baxter Box and Amber Venz Box in 2011, has raised 15 million dollars in a Series A round of funding. The American-based platform, which works with 9,000 content creators and 4,000 retail partners, […]

Amazon is extending its business loan programme, Amazon Lending, to the UK, to assist small and medium-sized companies that trade goods via its Marketplace division. The e-tailer launched Amazon Lending in 2012 and initially offered the service in the US and Japan, the programme will now be extended […]

The Pentland Brands division — which owns footwear brands such as Ted Baker, Kangaroos, the Hunter Boots, and Lacoste Chaussures — noted a 5 percent jump in revenue, up to 618 million pounds. “Ted Baker footwear had another record sales year, delivering double-digit growth with strong performance in […]

Private equity firm Brait said on Friday that it had completed its acquisition of 90 percent of UK fashion retailer New Look for 780 million pounds. The founders and management of the British retailer had purchased the remainder. South African billionaire Christo Wiese’s Brait said in a statement that […]

Two US professors put the blame on retailers for cut-throat prices and stiff competition among garment manufacturers, showing how drastically apparel prices have fallen in the US in the last few years and how retailers are taking the major share of the profit. “The retailers can squeeze the prices as […]

Danish womenswear brand Masai has been acquired by private equity group Silverfleet Capital for an undisclosed amount. The acquisition marks the first investment Silverfleet has made from its new 850 million euro Silverfleet Capital II, which closed last month. Masai is headquartered in Copenhagen and […]

REPORT Group sales for the 13 weeks to May 30, 2015 at Tesco, declined by 0.5 percent at constant rates and 1 percent at actual rates, excluding fuel. Like-for-like sales performance for the combined UK and ROI business was 1.5 percent, an improvement on the previous quarter. UK like-for-like sales […]

REPORT Pentland Group results for the year ended December 31, 2014 reflected the continued international development of Pentland’s portfolio of brands in sports, outdoor and fashion, and another strong performance from the core fascias of JD Sports Fashion, in which Pentland Group is the majority shareholder. […]

ANALYSISEver strong dollar is making things expensive for H&M, as the Swedish retailer warned earlier this week it expects the strong American currency to translate into rising sourcing costs throughout the year after it hurt second-quarter profits. The world's second-biggest fashion retailer, said […]

REPORT For its fourth quarter ended May 31, 2015, Nike reported diluted earnings per share increased 26 percent and fiscal 2015 diluted earnings per share rose 25 percent to 3.70 dollars, reflecting 10 percent revenue growth. Group revenues rose 5 percent to 7.8 billion dollars, up 13 percent on a currency-neutral […]

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