Austrian jewellery company Swarovski apologised Tuesday for "hurting the feelings" of Chinese people after calling Hong Kong a separate country on its website, becoming the latest luxury brand to come under fire in China. The apology from the jewellery brand came a day after several other luxury retailers […]

New Look Vision Group Inc has confirmed that it has acquired an equity interest in Topology, a San Francisco-based leader in custom-tailored eyewear. The investment will allow New Look Vision Group exclusive rights to retail Topology products in Canada and other selected markets, with the first products […]

Tory Burch is expanding its beauty offerings. The American lifestyle brand has formed a long-term licensing partnership with Japanese cosmetics company Shiseido. Beginning January 1, 2020, Shiseido will have the exclusive license to develop, market and distribute Tory Burch beauty brands worldwide. […]

Footwear player Steve Madden has announced the acquisition of privately held Greats Brand, Inc., a native footwear brand specializing in premium sneakers made in Italy. Commenting on the development, Edward Rosenfeld, Chairman and Chief Executive Officer of Steve Madden, said in a statement: “We see […]

L Brands, Inc. has declared its regular quarterly dividend of 30 cents per share payable on September 6, 2019 to shareholders of record at the close of business on August 23, 2019. The company said in a statement that this is its 179th consecutive quarterly dividend. L Brands, through Victoria’s Secret, […]

Farfetch announced on Thursday that it has purchased 100 percent of New Guards Group, the Milan-based parent company of brands including Off-White, Palm Angels, Marcelo Burlon County of Milan, Unravel Project, Heron Preston, and more. The online retail platform has fully acquired the company, which […]

The Milan-based New Guards Group, parent company to a portfolio of much-hyped streetwear brands including Off-White, Palm Angels and Marcelo Burton County of Milan, has a new owner: Farfetch. The news came as the British and Portuguese-based retail marketplace announced its second quarter results this […]

Iconix Brand Group, Inc., for the second quarter, reported total revenue of 34.4 million dollars, a 31 percent decline, compared to the second quarter of 2018. The company said, such decline was expected, principally as a result of the transition of Danskin and Mossimo direct to retail licenses in women’s […]

Nike, Inc. has declared a quarterly cash dividend of 22 cents per share on the company’s outstanding Class A and Class B Common Stock payable on September 30, 2019 to shareholders of record at the close of business September 3, 2019. The company recently announced that its fourth quarter revenue increased […]

In the second quarter, currency-neutral revenues at Adidas Ag grew 4 percent, while revenues at brand Adidas were up 4 percent, driven by a high-single-digit increase in Sport Inspired. In euro terms, the company’s revenues grew 5 percent to 5.509 billion euros (6.18 billion dollars). Adidas said, net […]

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