Business

Stories on the business end of fashion.

Consumers shift from Louis Vuitton, Gucci and Prada to logo-free brands

When it comes to handbags, the latest trend among consumers is to carry more unique or logo-free bags, instead of luxury fashion purses. This...

Gap Inc. to close 175 Gap stores over the next several months in hopes...

Gap Inc., the owner of Gap, Banana Republic, Old Navy, and Athleta, announced on Monday that they would be closing 175 U.S. stores. This...
Giorgio Armani, Armani

Giorgio Armani announced their growth in sales reached 16 percent for 2014

Giorgio Armani has revealed that revenue for both their homeware line and their red carpet collection has risen. Market Watch reported that the company noted that in 2014, their...

American Eagle director buys additional 6,000 shares in the company

American Eagle Outfitters director, Cary Mcmillan, has purchased over $100,000 in shares of stock in the company. Mcmillan bought 6,000 shares on Wednesday, June 10,...

Ralph Lauren Corp’s CAO sells 6,700 shares of stock in the company

  View image | gettyimages.com Ralph Lauren Corp’s chief accounting officer, Mitchell Alan Kosh, sold 6,700 shares of stock in the company on Thursday, June 4. On...

Prada sees fall in U.K. profits, cites lack of tourism

The Italian fashion brand Prada has been struggling with their profits in the U.K., with their sales continuing to decline in the market. BloombergBusiness reported...

Shares of Coach, Inc. on the decline, drop 1.9 percent in a week

The shares of Coach, Inc. have dropped 1.9 percent over this past week, 6.25 percent over the last month and 11.49 percent in the...
Hugo Boss Logo

Hugo Boss profits continue sinking, but company has positive outlook

German fashion house Hugo Boss’ latest earnings report showed a loss in net profits, but the company is looking forward to stronger growth throughout...

Laura Ashley shareholders rebel against deputy

Shareholders of the UK furniture and fabrics retailer, Laura Ashley, have rebelled against the company’s non-executive deputy chairman. David Walton Masters, who has been with...

H&M sales slow down from last year, still make huge profit

H&M’s sales have slowed down compared to last year despite having 354 more stores, including the addition of its biggest store in the world...

NIKE inks deal with NBA to feature logos on all uniforms

NIKE, Inc. has signed a mega deal with the National Basketball Association to become the official apparel of the league, and will have its...

There’s a New Head of Calvin Klein India in Town

The local partner of Calvin Klein Inc., Arvind Brands and Retail Ltd. hired Parag Dani to head the company as of earlier this month....
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