Tag: business

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 Limited may file for bankruptcy in 2017, according to reports, but the company is taking major decisions to prevent such event from happening. John Buell, named interim CEO of struggling women's apparel retailer The Limited in October, Buell, a...
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 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 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%...
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 Donna Karan International, were sold to G-III Apparel Group for 650 million dollars last July,...
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 years that have favored the aggressive mass production of fast fashion houses such as Zara,...
Next time you're deciding between a $19.99 dress at Ross or a $12.99 dress at Forever 21, know that factory employees sewed that extra button and went over those extra hours just for $4 an hour. Reports came out on...
On Friday, Nov. 11, Kenneth Cole Productions announced it would close 63 of its stores. That leaves only two stores in the United States. Chief Executive Officer Marc Schneider stated that the decision would be carried out in the next...