Amazon has unveiled a new programme to boost gender diversity and inclusion across its UK business. The new Amazon Amplify programme aims to ramp up the number of women in tech and innovation, improve diversity on interview panels and remove the biggest barriers to career progression cited by women […]

With each passing year the audience is changing – growing up, becoming more picky and meticulous. Marketing tools that were effective in the early 2000s lost their effectiveness a long ago, and the fashion market has to respond to these changes accordingly. Let's look at the trends in promotion, which […]

For the full year, sales of the Hugo Boss Group, the company said in a statement, rose by 2 percent to 2,796 million euros (3,160.7 million dollars) in 2018 and on a currency-adjusted basis, the increase was 4 percent. The company added that decline in gross profit margin is mainly due to investments […]

American Eagle Outfitters, Inc. (AEO) reported EPS of 43 cents for the 13 weeks ended February 2, 2019 compared to 52 cents for the 14 weeks ended February 3, 2018, which included the benefit of an extra week of sales due to the retail calendar. The company said adjusted EPS of 44 cents last year excluded […]

For the full year ended February 2, 2019, Abercrombie & Fitch said, net sales of 3.6 billion dollars increased 3 percent from last year, despite the adverse impact from the loss of fiscal 2017's 53rd week, while comparable sales increased 3 percent on top of 3 percent last year. Gross profit rate was […]

Diesel USA Inc, the denim and accessory brand and subsidiary of Diesel S.p.A., filed for chapter 11 bankruptcy protection on Tuesday, blaming mounting losses, expensive leases, cyber fraud and changing consumer buying habits. According to a court filing in the US Bankruptcy Court in Delaware, the company […]

The management board of Lenzing Ag, has decided to propose a basic dividend of 3 euros per share and a special dividend of 2 euros per share, to the annual general meeting. The company said in a statement that this dividend proposal reflects the good implementation of the corporate strategy sCore TEN […]

Online fashion retailer Zalando will to sell cosmetics in five more countries. Within the coming two months, beauty products will also be available in Sweden, Denmark, France, Belgium and Italy, Zalando said in a statement. “With Beauty, we want to empower our broad customer base to complete their style […]

Alibaba Group Holdings trading platform has formed its first business-to-business venture with Office Depot. The news was first reported by Business of Fashion. Alibaba will be creating a new online destination to access the business supply distributor's network and build out its offerings to small […]

Dan Henry Watches has published a study saying that sales of luxury timepieces are on the rise, and according to the creator of Dan Henry Watches, that growth has contributed to a new trend in the industry: the emergence of microbrand watches. Purchases of luxury timepieces, for more than 100 years […]

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