Non-cash impairment charges of $684.0 million pushed apparel retailer, J Crew Group to post a massive loss in the third fiscal quarter of 2014 as against net income in the prior year quarter. Net loss at the apparel retailer totalled to ...
Home furnishings company Ikea, the first major single brand retailer to get FDI approval from the Indian Government, has announced a new ‘Make More in India’ initiative. The new initiative is aimed at inviting potential ...
Although revenue rose 12% year-on-year, net income at multi-brand retailer of women's, men's and children's apparel J.Crew Group, Inc. plunged 38.28% in the second fiscal quarter of 2014. Net income dived 38.28% to $17.5 million in the ...
Tags: Apparel, Accessories, Children's apparel
ShangPin.com, China's first online multi-brand retailer of designer and contemporary fashion, has signed an agreement with Arcadia Group Ltd to be their first online partner in China. Both the TOPSHOP and Miss Selfridge brands will launch ...
Tags: Arcadia, Apparel, Accessories
Private label is growing globally and its market share is already 25% or more in the top 36 supermarket categories in 80 countries. Private label products or services are typically those manufactured or provided by one company for ...
Tags: Sourcing in China, Sourcing Events, Private label products, OEM
When you test the softness of a cashmere Brunello Cucinelli pullover or try on a pair of knee high boots from Manolo Blahnik, it's easy to forget that luxury retailers face the same distribution issues as mass merchandise merchants. They ...
Stylewhile is pleased to announce its partnership with Saks Fifth Avenue on the launch of a new iPad App set to change the face of online shopping by allowing users to fit clothing to their specific body type before purchase. Stylewhile ...
Tags: Fit Clothing, Stylewhile
Euratex held its General Assembly the 29th May in Brussels in presence of industrialists, Textile and Clothing (T&C) experts and EU officials under the theme “Textile and Clothing Industry in a changing economic environment”. ...
Tags: Euratex, Economic Environment
Several foreign companies, including Taiwanese firm Tung Ling Industries and German multi brand retailer Prowl, are planning to enter the Indian kidswear market due to the increasing demand for children’s clothing in the country. ...
Tags: Foreign Companies, Kidswear Market
Mamas & Papas, Great Britain’s favorite baby brand and one of the world’s leading nursery retailers, is proud to announce the arrival of the first Mamas & Papas U.S. e-commerce website. Parents, grandparents and gift givers ...
Tags: baby brand, Babywear line, Babywear
At an average of 91.88cm (just over 36”), the biggest male waistlines in the UK belong to folk from the West Midlands, according to new data from virtual fitting room company Fits.me. Following close behind are Wales (with an average ...
Tags: male waistlines, UK, Birmingham
V-Mart, the multi-brand Indian retail chain, intends to float an initial public offer (IPO) to raise Rs. 1.2 billion to be utilized for opening more outlets. The company, which presently operates 62 outlets at 52 locations, intends to ...
Tags: V-Mart, retail chain, initial public offer, IPO
Lectra, the world leader in integrated technology solutions dedicated to industries using soft materials—textiles, leather, industrial fabrics, and composite materials—is pleased to announce that the Japanese company Baroque ...
Business-to-consumer()ecommerce is not included in the Government of India's new policy to allow up to 51 percent foreign direct investment(FDI)in multi-brand retail trading. The notification issued by the Government makes it clear that ...
Tags: B2C, Ecommerce, FDI, multi-brand retail