Rihanna’s incursion into the fashion and beauty industries has been so successful that LVMH is reportedly in talks to launch a brand new luxury fashion house in partnership with the popstar. As her latest endeavor, lingerie label Savage x Fenty, turns one year old, FashionUnited analyses the brand’s […]

New Look has announced the completion of a “comprehensive financial restructuring” that has seen its long-term debt reduced from 1.35 billion pounds to a more manageable 350 million pounds. The British retailer also announced a 150 million pound capital injection in the form of new senior secured notes […]

New York - Analysts expect Farfetch Limited (NYSE:FTCH) to report -0.13 dollars earnings per share (EPS) on May, 23. After having -0.03 dollars EPS previously, Farfetch Limited’s analysts see 333.33 percent EPS growth. Farfetch has underperformed by 4.37 por ciento the S&P500. Brokerages expect Farfetch […]

ANALYSIS New York - So far this year, the price of Inditex shares has picked up 18 percent. On a related note, the consensus profit forecast has fallen by 1.6 percent according to FactSheet. In this sense, the Royal Bank of Canada (RBC) released a report at the beginning of the month in which it raises […]

The Clean Clothes Campaign (CCC) has called on H&M and its shareholders to create a living wage fund from the profits of the Swedish fast fashion company. The NGO is also looking to increase appeals to investors in its future campaigning approach. The CCC has submitted a proposal that H&M stockholders […]

Green Harbor, a private equity fund from China, has bought a majority stake in JWU, the parent company of Jason Wu’s eponymous label. The news was announced by Green Harbor on its WeChat account. The company did not disclose any details about the acquisition. The majority stake was purchased from the […]

Altair Eyewear, a division of Marchon Eyewear, has signed an exclusive global licensing agreement with Authentic Brands Group (ABG) to design, develop, manufacture and distribute eyewear for Spyder, ABG’s high-end ski brand. The deal includes ophthalmic eyewear, sunglasses and ski goggles. "Spyder is […]

VF Corporation is the latest fashion company to join the Fashion Industry Charter for Climate Action, a series of targets with the aim to reduce greenhouse gas emissions by 30 percent by 2030 and achieve zero emissions by 2050. Launched in December during a UN conference in Katowice, Poland, the Charter […]

For its first quarter, HanesBrands reported net sales increase of 8 percent to 1.59 billion dollars and organic sales in constant currency increase of 10 percent, the seventh consecutive quarter of constant-currency organic growth. The company said sales were fuelled by strong US activewear growth, […]

Under Armour, Inc. in its financial results statement for the first quarter ended March 31, 2019 said, revenue rose 2 percent or 3 percent currency neutral to 1.2 billion dollars. The company added that gross margin increased 100 basis points to 45.2 percent compared to the prior year, while net income […]

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