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 […]

British luxury accessories brand Aspinal of London is set to accelerate its store and concession opening programme following a 9.75 million pound investment from Santander Corporate and Commercial. The funding package is part of Santander’s Breakthrough Production Suite, an investment package aimed […]

Tom Tailor Management Board has confirmed its sales forecast and expects to see moderate growth in net sales, in the range of 945 million euros (1,068.9 million dollars) and 955 million euros (1,080 million dollars) after reporting 932 million euros (1,054.1 million dollars) in the previous year. The […]

REPORT After the high street brand River Island entered the kids’ wear business with River Island Mini in April 2014, the company reported 70 percent jump in profits. The company said that profits increased to 149.1 million pounds (231.6 million dollars) against 88 million pounds (136.7 million dollars) […]

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