Paris - Five years on from the industrial disaster that killed over 1,130 clothing factory workers in Bangladesh, high street fashion giants have invested millions in developing more socially responsible practices. But experts say the people who produce the T-shirts, dresses and rompers that sell like […]

Perry Ellis International, Inc. has signed a license agreement with Casablanca-based retail group, Kennek FZE for them to source and distribute a full range of products from surf, skate and ski brand Gotcha in North Africa. Kennek, which is the manufacturer and distributor in North Africa for brands […]

Auction marketplace eBay has confirmed that it will offer PayPal as a way to pay on its website until July 2023, making PayPal a payment option on its new intermediated payments model. “PayPal has been a great partner for eBay, and as part of our new payments experience PayPal will continue to be a […]

Based on the preliminary financial figures for the first three quarters of the financial year, IC Group’s board of directors has revised the earnings forecast for the financial year 2017/18. The company said that it now expects the EBIT margin to increase to approximately 6 percent compared to previous […]

Perry Ellis International, Inc. has entered into a license agreement with Kennek FZE in North Africa to source and distribute a full range of products from surf boards and wetsuits to casual wear and footwear under the Gotcha brand. The company said in a media statement that Kennek plans to open eight […]

The OTB Group founded by Renzo Rosso, reported a 2.4 percent decrease in turnover at constant exchange rates to 1.52 billion euro (1.87 billion dollars), reports MF Fashion. Quoting the company statement, the report said, overall increase in margins, together with cost optimization actions, led the […]

Former House of Fraser’s executive and experienced fashion retail expert John King has been appointed CEO at Australian department store operator Myer. King held the reins at British fashion label House of Fraser, a business he restructured and eventually sold to Sanpower in 2014. Commenting the appointment, […]

ANALYSIS Sales at fast fashion retailer Boohoo are expected to almost double this year, fuelled by renewed investment in its infrastructure and strong PrettyLittleThing's popularity. The City expects 95 percent growth in revenues when the company reports full-year results on Wednesday, coming in at […]

Steve Madden’s net sales in the first quarter increased 6.2 percent to 389 million dollars, while gross margin was 36.2 percent. Adjusted gross margin in the first quarter of 2017 was 36.6 percent. Net income was 28.7 million dollars or 0.50 dollar per diluted share, compared to 20.2 million dollars […]

London - Gucci has unveiled it's latest initiative - Gucci ArtLab, a futuristic hub of industrial craftsmanship and experimental laboratory for leather goods and footwear products. Located near the historical headquarters of the company in Casellina, and active since the beginning of the year, spanning […]