The H&M Group and Inditex are two of the world's biggest fast fashon giants. Who's growing more? In an effort to keep its market position, the Swedish chain has been updating its logistics systems to improve on lead time. However, the changes so far have only lead to a huge increase of costs of up to […]

Inditex Group’s net sales rose by 3 percent in the first three quarters of fiscal 2018 to October 31 to 18.4 billion euros. In local currencies, the company said, sales growth was 7 percent, while like-for-like sales growth was positive in all geographies. Gross margin was 4 percent higher and reached […]

For its third quarter, DSW Inc. said that total revenue increased by 17.2 percent to 833 million dollars, including 80.1 million dollars from the consolidation of the Canadian retail business. Comparable sales for the period increased 7.3 percent excluding results from the Canada retail segment. Reported […]

Destination Maternity Corporation, for its third quarter reported net sales decrease of 3.7 percent to 92.8 million dollars due to net closure of 27 company-owned locations and 12 leased lease locations in addition to a decrease in comparable sales. Comparable sales for the quarter decreased 2.6 percent […]

H&M has gathered the textile and fashion industry together at the Fair Living Wage Summit 2018 in Phnom Penh, Cambodia, to discuss how to achieve fair living wages in fashion’s global production markets. The event, which takes place today, December 11, coincides with the Swedish fashion group’s self-imposed […]

As FashionUnited reported a week ago, a restraining order by the government of Bangladesh has been placed on the Accord on Fire and Building Safety in Bangladesh (Accord), which was due to take effect on 30th November, then 6th December and now 17th December. In other words, the future of the Bangladesh […]

For its first quarter ended November 3, 2018, Ascena Retail Group, Inc. reported GAAP earnings of 3 cents per diluted share, flat compared to the year-ago period, as the company said, an increase in comparable sales and lower restructuring costs were offset by the impact of a lower gross margin rate, […]

ANALISIS New York – Shares at Ted Baker Plc. have fallen more than 20 percent in recent weeks, weighed down by a trickle of accusations of harassment towards the executive director of the British fashion company. We analyse what is happening in Ted Baker. Ted Baker Plc announced last week the temporary […]

Danish fashion group Bestseller, which includes Vero Moda, Jack and Jones, Only and Noisy May, has unveiled what it is calling an “ambitious” new strategy that will make sustainability “central to its way of doing business”. The ‘Fashion Fwd’ strategy is part of Bestseller’s plan to “transform the fashion […]

Karl Lagerfeld isn't the only person in the business who has a fashion contract for life. Stan Smith has signed a lucrative deal with Adidas for life. The tennis champion, who first partnered with the brand in 1973 to promote a white leather tennis shoe with a green heel tab and three perforated stripes, […]

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