Fashion/Clothing

Hermès Sued in Class Action Lawsuit Alleging Unfair Exclusivity Tactics in Birkin Bag Sales

Plaintiffs argue that Hermès restricts Birkin bag sales to high-volume buyers, violating antitrust laws.


Gucci Owner Kering Sees 14% Slump in Stock Price After Profit Warning Owing to Asia Sales Decline

Kering issued an unexpected profit warning due to plummeting Gucci sales in Asia, lowering its stock price by 14%...

TikTok Roasts Balenciaga's 'Absurd' $4,400 Luxury Bracelet Resembling Ordinary Sticky Tape

TikTok users had a blast mocking Balenciaga's $4,400 "luxury" bracelet, resembling a roll of sticky tape, unveiled during Paris Fashion Week...

Under Armour Founder Kevin Plank Reported to Return as CEO and the Company's Share Price Suddenly Jumped

Under Armour founder Kevin Plank is taking over as CEO of the sportswear company again...


Latest News

UK retailer Sports Direct acquires 4.6pct stake in Debenhams
Sports Direct, the biggest sporting goods seller in the UK, picked up a 4.6% stake in London-based multinational retail chain Debenhams for an undisclosed sum.
Neiman Marcus Group says some customers' credit card data may have been stolen
Private equity-owned luxury retailer Neiman Marcus Group Inc said a cyber breach in the middle of December may have compromised some of its customer cards, Bloomberg reported.
Target Corp says data breach larger than initially believed, state prosecutors get probe underway
Target Corp said the cyber breach of its payment cards during the holiday shopping season was more extensive than what it had initially believed, Reuters reported.
TPG in advanced talks to acquire US beauty brand e.l.f. Cosmetics -sources
California-based early stage investment platform TPG Growth is in advanced talks to acquire New York-based beauty company e.l.f. Cosmetics, according to three sources familiar with the matter.
NY fashion company Fifth & Pacific changes name, CEO steps down
New York fashion company Fifth & Pacific Cos. on Thursday changed its name to Kate Spade & Co. to reflect the company's new, singular focus. The apparel maker also announced on the same day that its c
Chinese cotton manufacturer to invest $2B in Pakistan
Shandong, China-based cotton and yarn manufacturer Shandong Ruyi Technology Group Co Ltd will invest $2 billion in the energy and textile sectors of Pakistan over the next two years.
US clothing retailer Men's Wearhouse launches second move in hostile bid for Jos. A. Bank
Texas-based clothing retailer Men's Wearhouse made a $1.6 billion ($57.50 per share) cash offer as its latest move in a hostile bid for Maryland-based firm Jos. A. Bank, after its $55 per share offer
Marks and Spencer's Marc Bolland to come under investor pressure if next week's figures disappoint- report
Some investors say that Marc Bolland, the head of retailer Marks and Spencer will come under renewed investor pressure if the Christmas and New Year sales figures next week disappoints, a Financial Ti
Jos. A. Bank tightens poison pill requirements
Retailer Jos. A. Bank Clothiers on Friday amended the ownership threshold of its poison pill to 10% from 20%. The amendment would enable Jos. A. Bank to issue a large number of shares to existing shar
Three dead in Cambodia garment workers strike -report
The Phnom Penh Municipal Police on Friday said that three people were killed and several others wounded after police fired AK-47 rifles to quell a labor protest by striking garment workers in Cambodia
Real Time Analytics