Trading statements and results announcement are being closely watched at present as some global markets prove to be tough for fashion chains. So H&M was in the spotlight on Friday as it reported Q2 sales up 2%.
Vince Holdings reported on Thursday a decrease in net sales for the first quarter of fiscal 2018, despite strong direct-to-consumer sales.
The struggling American accessories retailer and tween favorite reported on Wednesday slipping European same-store sales in the first quarter of 2018, combined with increased losses, dragged down by restructuring costs.
Markwins Beauty Brands has announced it has completed its purchase of Lorac Cosmetics, the fourth acquisition in 15 years for the privately held Markwins.
Multi-platinum recording artist Nicki Minaj has formed a new fragrance partnership with Luxe Brands. Luxe will reinvent her fragrance franchise which currently centers around her signature scent, Pink Friday.
The US sneaker label, distributed in Europe by Baco Distribution, introduced its first apparel line and trainer collaborations with Yong Bae Seok and 3.Paradis at Pitti Uomo.
The chief financial officer of Boohoo has bagged £3.3m after offloading thousands of shares in the fashion firm on Wednesday, one day after the company revealed its first quarter results.
Waalwijk-based Unlimited Footwear Group has acquired the license for Supertrash footwear. The group will develop, produce and distribute the brand in Benelux.
Private equity firm Nederlands MerkGoed has announced its acquisition of Dutch outdoor brand Nomad. The firm aims to expand the label nationally and internationally.
Etsy Inc on Thursday raised its full-year revenue growth forecast and increased its transaction fee for sellers, sending the e-commerce company’s shares up more than 19 percent in premarket trading.
Puig announced on Thursday that it has taken a majority stake in label Dries Van Noten. The Belgian designer, who founded his eponymous label in 1986, will continue as chief creative officer and chairman of the board.
The French luxury group is launching a dedicated jewellery section on its multi-brand e-commerce site, joining rivals jostling for a slice of one of the fastest-growing luxury goods businesses.
The gradual recovery of the pound from its post-Brexit vote low in June 2016 is in danger of denting London's luxury tourist trade, according to Thierry Andretta, the CEO of luxury leathergoods specialist Mulberry.
LK Bennet had it tough in its 2017 financial year with the footwear-to-fashion specialist reporting an operating loss or £5.9 million in the 12 months to last July.
French label Carven filed for bankruptcy protection in May, and the court has ruled for the company to be placed in receivership, while an urgent quest is on for new investors or a buyer.