Business

Stories on the business end of fashion.

Analysis: The Upcoming Challenges of High End Fashion Retail

The revolution will not be televised-it will be felt, eaten and digitized-the upcoming challenges of high end fashion retail. Luxury sales have fallen flat, sales...
Ascena Reports Poor Sales

Retail Woes Continue: ASCENA Also Reports Poor Sales

Ascena Retail Group, owner of Ann Taylor, Maurices, Dress Barn and Lane Bryant did not have happy holiday season as the retailer reported discouraging...

J. Crew Restructures for Survival Against a 2B debt

J. Crew continues to fight for survival facing major changes starting with a possible debt restructuring agreement. The US apparel company has continued to struggle...
Skai Jackson Boohoo

Boohoo Gains 260 Percent of Its Year End Value

The Boohoo brand sings rather than cires as it gains 260% of its year end value compared to 2015. Retail took a hit in 2016,...
Swarovski Incrusted Magenta Pendants

Alibaba To Take Legal Action Against Counterfeit Goods

Alibaba has decided to move against piracy by suing sellers of Fake Swarovski Watches present across the platform. It is China’s e-commerce giant’s first legal action...

Rent the Runway Closes a $60 Million Funding Round

Looking good has never been so easy! Rent the Runway has big plans for 2017 and now has even more capital to cement its...

Russia: A Potential Goldmine for Luxury Fashion Retail

The Russian Luxury Market is now valued at 3.5 billion euro exposing its potential in sales to fashion brands worldwide. After an ascending growth of 5...

Fashionably Friendzoned: Burberry Turns Down Coach on Merging.

Fashion powerhouse Coach allegedly turned down by Burberry regarding takeover approaches. Picture this, a company worth 20 billion dollars, shares of Burberry rising 4.8 percent...

Patagonia Donates Record-Breaking Sum ‘for the Earth’

“Fundraiser for the Earth”: High-end outerwear brand Patagonia, donates record-breaking $10 million in sales to Environmental nonprofits. Patagonia, the high-end outdoor clothing retailer, is donating its...

Black Friday Tops 1 Billion USD Mobile Sales

The world has survived another Black Friday- one that has set new records and hinted at future tendencies. Online sales in particular crushed expectations,...

DKNY Creative Directors to Exit the Brand

The creative directors of DKNY, Maxwell Osborne and Dao-Yi Chow, are leaving the brand this year. Is Donna coming back? DKNY and its parent company...

In Runway and Retail: Fashion Biggest Changes For 2017

Fashion biggest brands are reflecting on commercial strategies for the 2017 seasons due to the diverse changes in fashion’s consumer behavior in the past...
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