Tag: business

Coach announced on Monday, May 8 that it would push forward in its deal to purchase its smaller rival, Kate Spade & Co. The $2.4 billion deal means per agreement that it would buy the handbag company for $18.50 a...
InStyle magazine will reach more audiences, as it partners with Chinese periodical, Modern Lady, to reach China. The Time Inc. magazine will be a part of the second-largest economy in the world in a weekly format. This rebranding will start...
Bebe reported to the California Employment Development Department, that effective May 27, it would lay off 717 employees. The Brisbane-based headquarters will cut 136 of its people, while its Los Angeles design office will cut 160 employees. There are also more layoffs coming...
After 26 years, Jenna Lyons will be exiting J.Crew, the brand confirmed on Monday, April 3. The designer will serve the remainder of her contract as a creative advisor before the end of this year. Prior to her position as the president,...
Those who cannot get enough of Zara, can look forward to the largest store in the world opening this Friday, April 7. The new store, located in Madrid’s Paseo de la Castellana, will be 65,000 square feet. While this is...
Coach big bet on modern sales channels provide confidence despite department store pull back. Department stores have taken a beating over the last year. Industry experts have reported the over saturation of retail stores and expect a tightening of margins...
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 of personal luxury goods — which include fashion, accessories and beauty — are estimated to...
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 percent compared to 2015, Russian luxury market now represents 1.4 percent of sales in an...
The Retail Giants are Partnering with Shangpin.com to Expand Their Presence In Chinese Territory Lululemon is not the only brand setting its sight on China, WWD reported that Topshop and Topman, both British brands owned by Sir Philip Green, are expanding...
A Chinese e-commerce site, a shop in Beijing, and a shop in Shanghai, those are the three steps already walked by athleisure brand Lululemon, founded in Canada, in the quest of entering the Asian market. Although already being sold...
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 through sole rumor alone. That’s what we would call a power couple. It’s been reported that...
The world has survived another Black Friday- one that has set new records and hinted at future tendencies. Online sales in particular crushed expectations, and according to Adobe Digital Insights, totaling an unprecedented $3.34 billion dollars, corresponding to 11.3%...
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