German women's fashion retailer CBR, whose brands include Street One and Cecil, has set the price range for its initial public offering (IPO) at between 14 euros and 18 euros, the company said on Monday. CBR plans to use some of the proceeds to reduce its borrowings and for investment in its e-commerce […]

New York - Proenza Schouler has managed to make quite the name for themselves with CFDA awards under their belt, and a list of celebrity clientele like Kim Kardashian and Beyonce.The label founded by Jack McCollough and Lazaro Hernandez has become one of the most highly coveted luxury brands in America. […]

London - New York-based luxury fashion brand Proenza Schouler has confirmed that it has sold a minority stake to Boston-based private equity firm Castanea Partners for an undisclosed sum. The deal, which has been rumoured for some time, will see the private equity firm join existing investors who purchased […]

British department store group Marks & Spencer has reduced its calculation for its online sales over the past four years, as the former results had not taken into account 500 million pounds worth of goods which had been returned in store. New figures released by the group show that M&S sold 649 million […]

ANALYSISPrada has woke up to a tough reality: the luxury fashion retailer has noted a 44 percent drop in earnings over the first quarter of FY15. Consequently, the company’s shares dived to a 3-year record low, prompting several analysts’ price target cuts. All at once, investors and analysts withdrew […]

Achica is allegedly trying to lure in new investors. Established five years ago by one of the founders of Asos, the online fashion retailer would have commissioned Jefferies with the search of a new financial partner. Sky News reported that Achica is working with bankers at Jefferies on its search for […]

Macellum Advisors GP LLC said earlier this month it intends to vote against each director of retailer Christopher & Banks Corp. (CBK) at the company's upcoming shareholder meeting. The owners of a little bit over 5 percent of the fashion retailer feels disappointed, betrayed even, by the company’s leadership. […]

Happy ending – money wise – for Michael Kors investors and management. The fashion retailer has paid a record salary for Michael Kors, honorary president and creative director of the eponymous brand and John Idol, president and CEO of the brand. According to ‘WWD’, both executives have received a combined […]

REPORT In its trading statement for the first quarter, N Brown said that the group revenues increased over 2.5 percent and like-for-like sales, over 1.5 percent. Product revenues were up 4.3 percent and gross margin and operating costs, broadly in line with expectations. Power brands continued to outperform […]

ANALYSISJD Sports said it has made a “strong start” in the first 19 weeks of its current fiscal year despite tough comparatives with last year. However, the fashion group warned how negatively weak euro will affect its figures. In a trading update ahead of its annual general meeting Wednesday, the apparel […]

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