Fashion/Clothing

FTC Sues to Block Tapestry's $8.5 Billion Takeover of Capri Holdings in Massive Luxury Fashion Merge

The Federal Trade Commission filed a lawsuit on Monday to halt Tapestry Inc.'s $8.5 billion acquisition of Capri Holdings, which would unite the Coach, Kate Spade, and Michael Kors brands.


Clothing Retailer Express to Shutter Over 100 Outlets as It Declares Bankruptcy

US multi-brand clothes retailer Express Inc. filed for Chapter 11 bankruptcy and will close over 100 stores...

Nike Set to Layoff 740 Employees in Oregon Headquarters in Second Phase of Job Cuts

Nike said in February that it will slash 2% of its global staff as part of a restructuring, but did not specify how many cutbacks would be made locally...

Lululemon Announces Closure of Washington Distribution Facility and Reduction of 128 Jobs

Lululemon announced that it will close its Washington distribution facility and lay off 128 workers...


Latest News

Zara's parent Inditex gains 36%, founder Amancio Ortega becomes the second wealthiest man in the world
Inditex, owner of the well-known European fashion retail brand Zara earned a place in the 100 billion club while its co-founder Amancio Ortega becomes the second wealthiest man in the world. What's t
Victoria's Secret is losing $9B for casting out plus-size lingerie
Victoria's Secret, the leading lingerie brand dominating the 35% of the market is losing $9 billion opportunity for missing out plus-sized underwear in the line.
J. Crew Group Inc. Will Open Low-Priced Chain J. Crew Mercantile
After a massive guesswork, the company declared a new sensible remedy for its shoppers. The clothing line J. Crew announced the opening of a low cost shop, J. Crew Mercantile, the first in a row of th
Strong dollar hits Tiffany's quarterly sales
Luxury jeweler Tiffany & Co (TIF.N) reported a 5 percent fall in quarterly sales as a strong dollar discouraged tourists from spending in its U.S. stores and reduced the value of overseas sales.
Luxury brands hedge their bets with smartwatches
The flurry of technology deals luxury watchmakers announced this week to tackle the Apple Watch threat are more a way to hedge their bets in case the smartwatch market takes off than a strategic U-tur
Singapore fashion week offers homegrown labels a shot at global fame
Designers Victoria Beckham and Diane von Furstenberg headline Singapore's celebrity-studded fashion week in May, putting the spotlight on a new partnership with a U.S. industry group that promotes hom
Britain's fashion pack targets tech-savvy men to lift sales
Britain's leading fashion brands are hoping to give menswear sales a lift by targeting younger, digitally savvy male shoppers with live streaming and social media to promote the twice-yearly mens fash
Dick’s Sporting Goods explores going private
Dick's Sporting Goods Inc (DKS.N) is holding early-stage conversations with a handful of buyout firms about going private, according to people familiar with the matter.
Wristband maker Fitbit in talks with banks for IPO
Fitness tracking wristband maker Fitbit Inc is in talks with banks for its initial public offering in the United States, Bloomberg reported, citing people familiar with the matter.
Over 20,000 bras recalled in Japan due to injury fears
A Japanese lingerie maker is recalling more than 20,000 brassieres after complaints that underwires suddenly poked out, sometimes while women were wearing them.
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