15 Dec

Fashion Retail News””

Inditex has reported a 10 percent increase in its net sales to € 17.96 billion during the February-October 2017 period as compared to € 16.40 billion in the same period last year. Gross profit of the retailer reached € 10.3 billion, 9 percent higher than the same nine-month period of 2016. Net income also increased by 6 percent to € 2.3 billion. Its like-for-like sales growth also remained strong during the reporting period. It opened a total of 212 new stores in 52 markets globally. Now, Indite


12 Dec

Fashion Retail News”

The European multinational luxury goods conglomerate LVMH has started offering 24 x 7 ‘Chatbot’ services on Facebook Messenger to its customers to answer their queries related to brand’s online catalogue, fashion shows and history. Powered by Californian AI startup Mode.ai, the ‘virtual adviser’ will help the fashion label to stay connected with thousands of its consumers at once and serve them better. The bot will help the users explore the brand’s entire of products and also give suggestions o


11 Dec

Fashion News.’.”

Italian apparel manufacturer and lifestyle brand Moncler has opened its first kidswear boutique in Milan, Italy. The store holds mini-me versions inspired by Moncler’s collection with a playful spin on them. The collection has been created keeping in mind details that cater to a need for practicality and flexibility. Spread over 207 square metres, the store’s furniture deploys luxe fabrics and materials such as ivory leather and chene fume wood in an overall red, orange, and pink colourway


2 Dec

Latest Fashion News.,’

The latest design collaboration comes in the form of Moncler and Kith joining forces. Italian apparel manufacturer and lifestyle brand Moncler has linked up with New York-based lifestyle label Kith for a co-branded menswear capsule. The collection includes Moncler’s signature lacquered puffer jackets and vests, sweatshirts, T-shirts, and biker-inspired padded and zippered pants, all of which feature logos of both brands in white, red and blue colourways. In addition to this, accessories su


1 Dec

Fashion Retail News’…

American fashion retailer New York & Company has announced financial results for the third quarter of the current fiscal and the company noted the highest third-quarter operating income since 2007. Its GAAP operating income stood at US $ 0.6 million as compared to a loss of US $ 2.1 million in the same period last year. Further, net sales during the quarter under review increased by 0.1 percent to US $ 214.2 million from US $ 213.9 million in the corresponding quarter last year. Comparable store


30 Nov

Fashion News..’

English fashion designer Stella McCartney adds yet another feather to her hat. The designer will be honoured with the first-ever Special Recognition Award for Sustainability at British Fashion Council’s (BFC) annual Fashion Awards 2017. The sustainability award is a new tribute added to the event’s agenda and the council hopes that with McCartney as the first honouree, this award will push other brands/designers to approach sustainability with more prestige. Ever since her beginning, McCartney h


29 Nov

Latest Fashion News.

Giambattista Valli is the latest designer to enter the booming activewear market. The new activewear collection will be launched in June 2018 along with the label’s Pre-Fall line. It will feature 50-60 pieces consisting of coats, puffer jackets, sweatshirts and tracksuits. Priced between 1,100 and 2,500 euros, the collection will be available for purchase at Giambattista Valli boutiques and select speciality stores. Since his label’s inception in March 2005, Valli has become renowned for his fem


28 Nov

Fashion Retail News’.

American fashion firm PVH Corp. is reportedly considering to merge its brands Tommy Hilfiger and Calvin Klein to make a single entity in India. If true, the merger would make it a company with retail business of more than Rs. 1,000 crores in the Indian market. Brand-wise, Tommy Hilfiger alone reported Rs. 750 crores in retail sales while Calvin Klein’s revenue stood Rs. 250 crores in the previous year. The venture will reportedly be managed by Tommy Hilfiger CEO Shailesh Chaturvedi; Arvind Limit


27 Nov

Fashion News’

Ex-Diesel Canada Chief Joey Adler has joined hands with Trey Alligood, former Gents President & Creative Director to launch a self-proclaimed 90 percent gender-neutral apparel line, Shades of Black (SOB) which is available from December 2017 and targets millennials’ demand for simplistic design and gender inclusivity. SOB is built around a minimal palette of black, white and grey shades and will offer easy-going of sweatshirts, jackets, joggers, T-shirts and an assortment of denim.


23 Nov

Fashion Retail News’

US-based fashion brand Guess has rolled out financial statements for the third quarter ended October 28, 2017. During the period under review, the fashion retailer recorded GAAP net loss of US $ 2.9 million compared to the GAAP net earnings of US $ 9.1 million in the same quarter of 2016. Asia, Europe and the US remained the key markets for the retailer during the reporting quarter. Guess’ Europe revenue increased by 18.8 per cent in US dollars and 11.9 per cent in constant currency. Retail sale