Hennes & Mauritz Q1 profit declines hurt by strong dollar
Hennes & Mauritz's quarterly sales including VAT rose by 9% in domestic currencies. The company's quarterly profit declined 30% as dollar increased over local currencies.
Fashion/Clothing
Unleashing Brilliance: Liori Diamonds Leads the Shift with Lab-Grown Tennis Bracelets
Unlike traditional diamond mining, lab-grown diamonds require minimal land disruption, eliminate the need for extensive mining operations, and significantly reduce carbon emissions and water usage. Liori Diamonds, a respected jewelry brand and trailblazer in the industry, has positioned itself at the forefront of this shift towards lab-grown diamonds.
Invisible Bead Extensions Is Changing the Way Stylists Look at Extension Installs
There were times when telltale extensions of celebrities left us bewildered or pushed us back to our instincts of not getting hair extensions for ourselves...
Calling All Men, The Beard Struggle Wants You to Grow the Beard You've Always Dreamed of Having
Here is why you need a beard? Man without a beard is like a lion without a mane...
Top Styles of Summer/Spring Wedding Guest Dresses Trending in 2020
Excited for your friend’s wedding and don’t know what to wear? There is no need to wear something off the rack anymore because the designer collections of wedding guest dresses are available in the on..
Latest News
Qatar-owned Italian Fashion House Valentino Offers 500 Million Euros to Acquire France’s Balmain
Valentino has made an offer to acquire French fashion house Balmain for 500 million euros. Balmain’s heirs has decided to find a new owner after the fashion house’s former chairman and majority owner,
Synova Capital Sold UK Handbag Maker TLG Brands to Hong Kong's Global Brands Group
Synova Capital has sold its UK fashion accessories brand TLG Brands to Hong Kong’s Global Brands Group. Under Synova’s ownership, TLG Brands has been seeing strong growth and more presence in internat
Aeropostale Explores Strategic Options After Another Poor Quarterly Result
Following another quarterly loss, the clothing company is in rush to find the best option. That includes putting the company on sale.
Morgan Stanley lowers Gap's stock to underweight
Morgan Stanley lowered Gap's stock to an "underweight" rating from "equal-weight", citing key weakness in the company's business. Analyst at Morgan Stanley fixed an objective price of $26 for Gap's st
Nike Introduces Self-Lacing Shoe Technology, to be Available Later This Year
The self-lacing shoe technology finally arrives, as Nike announced its newest adaptive lacing technology. The HyperAdapt 1.0 will be available for Nike+ members later this year.
Samsonite to Acquire Luggage Competitor Tumi for $1.8 Billion
It was agreed that Samsonite is to acquire luggage-manufacturer rival Tumi for about $1.8 billion. Samsonite has long been interested in Tumi and its acquisition is considered the biggest deal made by
Converse Revealed New Concepts and Approach in Chuck II Reflective Print Collection
Converse is adopting a new approach to update its Chuck Taylor shoes. The shoemaker revealed its newest Chuck II Reflective Print collection with an improvement in functionality and visual features to
Japan Finance Ministry Recruits Fashion Editor to Encourage Women to be More Involved in The Country's Economy
The Japan Finance Ministry is organizing a seminar for women covering the topics on the country’s fiscal policy. Women’s fashion magazine editor-in-chief Hiromi Sogo will serve as one of the six femal
Victoria's Secret CEO Announced Resignation, Parent Company's CEO to Assume Leadership
Victoria’s Secret CEO Sharen Turney announced her resignation on Friday, concerning investors and briefly crash the parent company’s shares after the news. However, the company had assured investors t
