Luxury brands position for US boom
The growing appeal of luxury goods to men and increased confidence among affluent spenders as the U.S. economy and asset prices recover have boosted sales and encouraged luxury brands to...
Today's News
Abercrombie & Fitch same-store sales crater
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...
Gap first quarter profit rises 43 percent
Gap Inc reported a higher first-quarter profit on Thursday, helped by a rise in same-store sales at its Old Navy and namesake chains, and growth in Asia.
Billabong to put West 49 up for sale
The Australian board sport group has reportedly put its chain of West 49 stores up for sale, rekindling discussions on ongoing negociations with Paul Naude and Sycamore Partners.
Cannes film festival hit by second jewellery theft
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,...
Antonio Azzuolo is the new creative director at Giuliano Fujiwara
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...
Prada says not planning on making acquisitions
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 sales miss estimates, but it sees a pick-up
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...
Scott Schuman shoots Mango menswear campaign
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...
Coty focuses on emergent beauty markets
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...
A wave of departures at Marks & Spencer
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...
Apax Partners to take rue21 private in $1.1 billion deal
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.
Cate Blanchett the face of Giorgio Armani 'Si' fragrance
Australian actress Cate Blanchett is the face of Giorgio Armani's new fragrance 'Si'.
& Other Stories gets styled by Blogosphere fashionistas
& 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.
Kering and Parsons crown design student winners
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 taps Tupperware exec to head America turnaround
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...
TJ Maxx parent TJX's profit forecast may miss Street estimate
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 cuts full-year forecast after weak first 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...
Hermès brand Shang Xia to open first store outside of China
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.
The Dorchester Collection Fashion Prize goes international
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.
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