Soaring demand for its Ugg brand is set to drive third quarter sales up by more than 50% at footwear operator Deckers Outdoor Corporation, the company reported.
Japanese department store chain operators, Takashimaya Co and H2O Retailing Corp, on Friday (10 October) unveiled a merger plan to help them weather "difficult business" conditions.
Specialty clothing retailer Gap Inc today (9 October) posted an 11% drop in September same-store sales, dragged down by a continuing slump at its Old Navy chain.
Optimer Performance Fibers Inc has settled an intellectual property lawsuit filed against performance apparel and accessories company 180s for trademark infringement, unfair competition, false patent marking, and false advertising of its Dri-release brand.
Fashion and homewares chain Joy has been bought out of administration by Louche London Ltd, which has negotiated a deal to buy 12 of the retailer's 28 stores.
Shareholders in Compagnie Financière Richemont SA voted yesterday (9 October) to spin off its Richemont luxury goods business as part of a planned restructuring of the firm.
Savile Row fashion house Hardy Amies Plc today (10 October) appointed administrators to the company after failing to secure funding to support its working capital requirements.
Icelandic investment firm Baugur Group has moved to alleviate concerns about its fashion brands in the UK after the collapse of three Icelandic banks this week.
A US lawmaker has asked the government to start monitoring textile and clothing imports from China next year in a bid to pre-empt any sudden surges in imports when existing restrictions are lifted at the end of the year.
A strong performance from its fashion and leather goods businesses helped luxury goods giant LVMH Moët Hennessy Louis Vuitton to post a double-digit sales rise for the first nine months of the year.
India-based children's wear manufacturer Gini and Jony has invested in the Lawson Fashion Product Lifecycle Management (PLM) solution to speed up its product design and development processes.
The European Parliament's agriculture committee yesterday (8 October) voted to water down the European Commission's common agricultural policy 'health check' reforms designed to slash subsidies, by proposing the retention of production-linked flax handouts.
