Uniqlo store at The Village, Beijing | Source: Shutterstock
Fast Retailing Co., Asia’s largest clothing retailer, joined Inditex SA and Hennes & Mauritz AB in signing an accord to improve factory safety in Bangladesh after an April garment complex collapse killed more than 1,000 people.
Fast Retailing has independently reviewed fire and building conditions at plants run by its partners in Bangladesh and detailed results are expected by November, it said in today’s statement.
Prada F/W 2014 Campaign | Source: Prada
Italian fashion house Prada appeared to brush off luxury industry concerns about slowing growth in China, saying demand from the country helped to drive an 11.6 percent rise in sales for the six months ended July.
Luxury goods firms including Germany’s Hugo Boss and France’s Kering have warned of cooling demand from China, which until recently had been the engine of strong growth in the sector.
However, Prada on Thursday singled out the “significa
American fashion retailer J Crew is stepping up its London expansion with the announcement that it is to open a third London store in Brompton Cross this autumn.
This is on top of the already announced flagship on Regent Street, which is planned to open on November 1, and the men’s boutique on Lambs Conduit Street, which will open in October.
The Brompton Cross store will be dedicated to womenswear and will house limited-edition pieces from its upmarket J Crew Collection line, as well as its e
The gross margin of the Adidas group increased 2.1 percentage points to 50.1 percent in the first half of 2013. Gross profit for the Adidas group grew 1 percent in the first half of 2013. The Adidas group’s gross margin increased 1.8 percentage points to 50.1 percent in the second quarter. Second quarter sales at Adidas remained stable on a currency-neutral basis.
Sales at Reebok grew 11 percent on a currency-neutral basis. In the second quarter of 2013 currency-neutral revenues in Western Euro
“Bowie meets Cary meets Gosling…” Meets Huckleberry Finn?
For Spring 2014 Michael Kors is waging war on your guy’s skinny jeans, debuting a Dickens-luxe range of sleeveless blazers, suede trenches, hemp bags, and wide-legged, pajama-style trousers complete with rope-inspired belt.
The reason for Kors’ personal vendetta is unclear. Is fitted denim not compatible with a streak-free spray tan? Is this a clandestine move to clear the path for father-son pants sharing? Whatever the reason, we’r
MJ Life – Marc by Marc Jacobs’ fall 2013 campaign once again enlists German photographer Juergen Teller for the new season. Models Giedre Kiaulenaite, Juliana Schurig and Philip Kesselev are fashionably moody in kitschy prints and seventies-inspired silhouettes. Alister Mackie worked as stylist for the shoot with features the girls in retro curls and the guy wearing a shaggy haircut.
Source: Fashin Gone Rogue.
For the first quarter of fiscal 2014 Ralph Lauren net revenues rose 4 percent. Net income was 7 percent below the net income for the comparable period of fiscal 2013. Gross profit for the first quarter of fiscal 2014 increased 1 percent. Wholesale segment sales grew 6 percent. The company ended the first quarter of fiscal 2014 with 396 directly operated stores.
Operating margin for the second quarter of fiscal 2014 is expected to be 300 to 350 basis points below the comparable prior year period
Michael Kors Autumn/Winter 2013 Campaign | Source: Michael Kors
For the first quarter ended June 29, 2013, Michael Kors total revenue increased 54.5 percent compared to the first quarter of fiscal 2013. Retail net sales increased 51.5 percent. Gross profit increased 58.3 percent and as a percentage of total revenue increased to 62 percent compared to 60.5 percent in the first quarter of fiscal 2013.Income from operations was 30.8 percent of total revenue as compared to 27 percent of total rev
British fashion house Alexander McQueen has been forced to apologise after an advert for a long-term unpaid internship was issued by mistake for a fashion student to work at their London studio.
The advert, which was emailed to various fashion and design colleges in London, requested a “talented knitwear student” to work for the fashion house, full time, for up to 11 months, adding that only travel expenses would be paid as well as 60 pound per month in lunch vouchers.
The fashion house was fo
Luxury swimwear and resort brand Orlebar Brown has received an 8 million pound investment from private equity firm Piper, to help “expand its presence in the US and Europe”. The upmarket swimwear retailer, best known for its menswear designs worn by celebrities including Hugh Jackman, has sold off a “significant” minority stake to the investment firm, which has backed and helped turn around brands including clothing retailer Boden.
The 8 million pound growth capital will be used to help the Bri