Stories on the business end of fashion.


DSW cuts costs, reports decrease in earnings

DSW has managed to pare down $25 million cost savings, but still reports declining earnings at the end of the second quarter. Roger Rawlins, CEO,...

Gap CEO asks investors for time till turnaround plan is completed

While sales for Gap and Banana Republic have continued on a downward slope, the company’s Old Navy brand has been doing well so now...

H&M profit increases by 11%

Swedish clothing chain Hennes & Mauritz (H&M) has been focusing on their long-term investments. According to Fox Business, the company earned a 21% increase in revenue...

Montblanc celebrates Chinese New Year with limited edition monkey pen

Feb. 8 marked the start of the Chinese New Year, the year of the monkey, and Montblanc is celebrating by creating a Limited Edition...
Laura Ashley

Laura Ashley chairman Khoo Kay Peng ordered to settle divorce case

Laura Ashley's non-executive chairman, Khoo Kay Peng, has been given an ultimatum by a London court judge to settle his divorce, believed to be one...
Abercrombie & Fitch, Abercrombie

Abercrombie & Fitch nabs J.Crew’s creative director to oversee marketing operations

Abercrombie & Fitch has named J.Crew's former creative director, Ashley Sargent Price, as its own creative director to oversee the marketing for each of Abercrombie's...

Forever 21 launches Instagram account for menswear collection

Forever 21 is bringing their menswear collection on display after putting up a new Instagram page that will focus solely on their clothing for men. Retail Gazette...

Rumors circulate about a Burberry/Coach merger

Could Coach and Burberry be unifying as a fashion mega-brand? According to Glamour, Coach has been working with financial advisers in an effort to strike...

A new era for Gucci brings in much-needed sales growth

With new CEO Marco Bizzarri and new creative director Alessandro Michele at the helm, Gucci is reporting sales growth for the first time in...

Kate Spade shares escalate after activist investor suggests a sale of the company

The Kate Spade board of directors received a letter from small New York-based hedge fund Caerus Investors asking them to sell the company. As a...
Hugo Boss Logo

Hugo Boss CEO resigns after weak sales in China and U.S.

After eight years leading the company, Hugo Boss CEO Claus-Dietrich Lahrs is stepping down, effective February 29, 2016. As noted on The Business of Fashion biography...

Australian startup Kent and Lime sets sights on Asia

Kent and Lime is bringing it's one-of-a-kind shopping ideas to the Asian market.