Today's News

Abercrombie & Fitch on Friday reported a steeper-than-expected drop in quarterly comparable sales, in part because of inventory shortages, and the teen clothing retailer's shares fell more than 11 percent.

The Cannes film festival was hit by a second jewellery heist on Thursday after a diamond necklace worth 2 million euros (1.7 million pounds) disappeared during a star-studded party, according to upmarket jeweller De...

The Italian-Japanese ready-to-wear brand owned by Taiwanese group Breeze has named a Canadian designer and rising menswear fashion star to design its collections. He succeeds Sergio Daricello, recruited just last year.

Italian fashion house Prada is not planning on returning to the acquisition trail for now, its chief executive said on Thursday, dousing speculation it might be in the hunt for deals.

Ralph Lauren reported sales that fell below its own projections, hurt by fewer deliveries to European department stores, but gave a fiscal year forecast that suggests it expects its overall business to pick up.

H.E by Mango has enlisted the photography expertise of Scott Schuman from blog The Satorialist to shoot its Autumn/Winter campaign, featuring Spanish model Andrés Velencoso and the recurring face of the brand.

Coty has reinforced its position in Brazil and South-East Asia with the recent signing a joint-venture with Frajo International and a takeover deal with StarAsia in the two regions respectively.

The retailer has been hit with another wave of departures as head of store environment and executive director of marketing both step down. Jeremy Darroch will also step down from the company's board in June.

Private equity firm Apax Partners will acquire teen-apparel retailer rue21 in a deal valued at about $1.1 billion, adding to a retail portfolio that includes Cole Haan and Takko Fashion.

Australian actress Cate Blanchett is the face of Giorgio Armani's new fragrance 'Si'.

& Other Stories, the new brand launched this year by H&M, is fine-tuning its cutting-edge image by giving heroines of the blogosphere the chance to show off their sense of style.

The second edition of the joint design student competition from Parsons and the Kering group (formerly PPR) wrapped up last Thursday in New York with the announcement of two winners.

Avon, the beauty products direct seller, has tapped a former Tupperware executive to be responsible for turning around its business in North America, where sales have been declining for years.

TJX Cos Inc, owner of the low-price T.J. Maxx and Marshalls chains, reported a higher first-quarter profit, and forecast more sales growth in the current quarter.

Target Corp cut its full-year profit forecast on Wednesday while turning in a weak first quarter with disappointing sales, as a chilly start to spring kept shoppers from buying seasonal items like clothing.

Shang Xia, launched in 2010 by Hermès, will open its first store outside of China in Paris this September according to a press release from the company.

This year’s Dorchester Collection Fashion Prize will be welcoming talent from the United Kingdom, France, Switzerland, Italy and the United States. Applications are open until May 31.

Lydia Maurer has resigned as creative director of women's wear at Paco Rabanne, owned by Spanish group Puig.

British fashion retailer Primark said on Tuesday it would provide short-term financial assistance to all victims and families affected by the collapse of Rana Plaza last month in Bangladesh while the clothing industry...

After new president and CEO Andy Mooney talked up the company’s roadmap in March, the Quiksilver group is now filling in the blanks: an increase in EBITDA of $150 million by 2016.

The U.S. website for designer furniture and fashion could raise at least $250 million in funds by June, according to the American press.

Saks Inc reported higher-than-expected first-quarter sales on Tuesday and said it would speed up the launch of an e-commerce site for its outlet chain as it tries to catch rivals.Its shares rose 6.8 percent to $13.

Kaporal is entering a new era as investment funds TowerBrook takes a majority stake in the brand, not long after signing an agreement for the acquisition of jeanmakers True Religion.

MenInvest, the parent company of France’s MenLook, has increased its online retailing presence with the acquisition of British e-retailer Oki-Ni.com, a site that specializes in premium menswear.

Italian fashion group Giorgio Armani's sales revenue rose over 2.0 billion euros ($2.6 billion) last year - a 16-percent increase from 2011 and including an 11-percent jump in crisis-hit Europe.

Galeries Lafayette on Boulevard Haussmann in Paris opened its new lingerie department May 6, a complete makeover that will be celebrated with a party for clients on May 21.

British luxury group Burberry said full-year pretax profit rose a better-than-expected 14 percent on strong retail growth in Asian markets, where it is increasing numbers of Burberry branded stores.

British retailer Marks & Spencer posted its lowest annual profit since 2009 on Tuesday as a struggling clothing and homewares division dragged on growth in food sales.

Richemont said Marty Wikstrom is resigning as chief executive of its fashion and accessories businesses, the latest in a string of recent management changes at the world's second biggest luxury group.

Teen apparel retailer Urban Outfitters sales missed analysts' estimates even as reduced discounting helped shore up profit in the first quarter.

Top Italian designers Giorgio Armani and Dolce & Gabbana can no longer be on the official programme of Milan Fashion Week because they are not due-paying members of the national fashion chamber.

Cooler than usual weather and belt-tightening by shoppers still struggling with higher payroll taxes and stubborn unemployment dampened sales last quarter at chains from Macy's Inc to Wal-Mart Stores Inc.

A Bangladesh court on Sunday banned the owner of a garment factory that was destroyed in a fire in November from leaving the country as anger builds up over a string of deadly incidents in which thousands have died.

Following in the footsteps of Stylist and Vanity Fair, Harper's Bazaar has announced plans to launch a French edition. Publishing houses Hearst and the Marie-Claire have already named Alexandra Senes as...

Swedish fashion giant H&M is considering starting production in South America and Africa, chief executive Karl-Johan Persson told the Financial Times in an interview published on Monday.

British retailer Marks & Spencer is expected to report its lowest annual profit in four years on Tuesday as a struggling general merchandise division drags on the growth in food sales.

With Bertelli (Prada), Della Valle (Tod's), Angela Missoni and Ermenegildo Zegna serving as vice presidents to President Mario Boselli, the National Chamber of Italian Fashion wants to become a leading figure in the...

To create a buzz around its next collection, Club Monaco enlisted the help of eight well-known bloggers to model the looks which will feature on the brand's Tumblr account.

The French stock market authority has found LVMH secretly bought shares in rival Hermes to build a stake, and not merely make a financial investment as the luxury group has claimed, a newspaper reported.