Fashion/Clothing

Rue21 Apparel Stores Set to Close in the Coming Weeks After Filing for Third Bankruptcy

Rue21 has announced that it will be shutting down all of its 540 locations in the coming weeks.


Berkshire Hathaway's Brooks Running CEO Deems China, Europe as Growth Areas

Brooks Running's newly appointed chief executive has expressed optimism about the potential growth of the business in China and Europe...

China's Secondhand Luxury Shopping Industry Sees Surge in Sales!

This trend shows that Chinese people still want to be luxurious but are okay with secondhand goods...

Nike Set to Revamp MLB Uniforms by 2025 Following Player Complaints: Union Memo

Nike designed the uniforms, which made their widespread appearance this season, and Fanatics manufactured them...


Latest News

Online retailers served a healthy appetizer with 9% growth in early returns
Here are the online shopping trends for Thursday, November 28 at 12:00 p.m. EST, from the IBM Digital Analytics Benchmark. Our next update will follow today at 3 p.m. EST.
Versace may get new investor for Christmas, IPO to happen in future
On Thursday, Versace company president and former chief executive officer Santo Versace said there is a possibility of the Italian house to have a buyer of its 20% ownership stake by Christmas. Versac
Aeropostale adopts poison pill as buyout firms eye takeover this holiday season
American casual apparel and accessories retailer Aeropostale on Tuesday adopted a poison pill. The struggling teen retailer, however, said that the move was not meant to deter potential suitors.
Shoppers warn boycott of stores opening early for Black Friday- report
Irate shoppers say they will not be spending a dime on stores that will open early as early as 6 A.M. on Thanksgiving for Black Friday and threatening a boycott.
Australian fashion retailer Specialty eyes Rivers expansion after USD5 million buyout
Specialty Fashion Group, the biggest women's fashion seller in Australia, bought the Rivers clothing brand for USD5 million and plans to increase the number the Rivers outlets from 160 to 220.
Moncler plans USD 1.1 billion IPO
Moncler will be making a second attempt at an IPO, and is seeking to raise EUR 783 million or USD 1.1 billion in the share sale. Moncler is an Italy-based maker of ski wear.
Men's Wearhouse employs Pac-Man defense on Jos. A. Bank Clothiers
The Pac-Man defense has been used by Men's Wearhouse as it makes a counteroffer to Jos. A. Bank Clothiers which first made a bid to buy Men's Wearhouse this year.
Men's Wearhouse retaliates by offering a USD1.5 billion bid to acquire Jos A Bank
The USD1.5 billion acquisition bid Men's Wearhouse Inc offered to Jos. A. Bank Clothiers Inc was the former's form of retaliation after receiving pressure from its largest shareholder Eminence Capital
Top deals of the day - bids, mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported on Monday including Greece banking, Fiat, BOFA, Mechel, Saputo, RBS, Lohmann, Carlyle Group, Monte dei Paschi di Siena, Kuwait Air
Wal-Mart CEO steps down; Chief of International Unit to take over
Wal-Mart CEO and President Mike Duke will officially step down on Feb 1, 2014 and will be replaced by Doug McMillon who is the head of Wal-Mart's international division. Duke will continue his role as
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