American Apparel just can’t seem to catch a break. Between the controversy with former CEO Dov Charney, and the recent firing of Iris Alonzo, the brand has begun to redefine the term “roll with the punches.” CEO Paula Schneider will soon announce that 180 jobs will be eliminated in her effort to turn […]

Koovs PLC Thursday said Chairman Waheed Alli bought 152,500 shares at a price of 65 pence per share. The former executive at Asos now holds 4.9 million shares, which represents a 20.19 percent stake in the firm. Earlier Thursday, the Indian online fashion retailer said it will spend more on marketing […]

ANALYSISOver the past month, Express Inc. (NASDAQ:EXPR) has attracted the vote from an ever growing number of analysts. The formerly struggling retailer has built up momentum since it reported better-than-expected earnings per share (EPS) and revenue for the fourth quarter. On March,11, Express last […]

REPORTUK-based retailer Marks & Spencer Group reported Thursday a 1.9 percent increase in the fourth-quarter group sales excluding value added tax and on constant currency basis, reflecting good performance in food and general merchandise. Clothing sales registered a growth, reversing the last 14 quarters' […]

The Court of Appeal has found in favour of Asos in the trademark infringement case brought to the court by Swiss company, Assos, stating that Asos.com’s name and logo does not infringe on the trademark of the Swiss cycling brand. The High Court dismissed Assos’s case in October 2013, ruling that consumers […]

Analysts at Trefis highlight in a note to investors that Abercrombie & Fitch‘s (NYSE:ANF) overall EBITDA (earnings before interest tax depreciation & amortization) margins have trended in a wayward manner over the past five years. As pinpointed in a market research note Tuesday, Trefis analysis team […]

New York investment firm said Tuesday it will acquire J.Jill, the women’s fashion retailer based in Quincy. “The sale of J.Jill reflects our industry leading success, having just completed our best sales year in history and 12 quarters of consecutive growth,” said the fashion company’s CEO. TowerBrook […]

Edizione Srl and Schematrentaquattro SpA, the investment vehicle of the Benetton family, has reached a binding agreement with Dufry AG to sell all of its shares of Duty Free SpA (Former Aldeasa). The stake acquired by Dufry equals to 50 percent of the share capital of WDF and, as its has transcended, […]

ANALYSISThe Italian luxury brand noted down an attributable net profit of 450.7 million euros at the end of fiscal year 2014, that is 28.2 percent less than during the previous year. This is the deepest dive in earnings for the company since it was taken public in an initial public offer (IPO) four […]

After Cameroon, Ivory Coast, Tanzania, Ghana, Malawi, Mozambique, Zimbabwe, Uganda and Zambia, Ethiopia is the tenth country to support sustainable cotton farming through Cotton made in Africa (CmiA), an initiative by the Aid by Trade Foundation (AbTF). It cooperates locally with the Ethiopian Cotton […]

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