The athleisure trend is here for the long term say analysts at GlobalData with its new report saying Asos’s decision to target the £2.5bn sports apparel market is a reflection of the category’s durable appeal.
TJX's quarterly performance was one of few bright spots in the gloomy U.S. retail environment, proving that the company's off-price business model was luring shoppers even as competition from Amazon.com Inc intensifies.
Coach Inc forecast full-year revenue below Wall Street estimates as the bag maker's efforts to pull out products, including those of newly acquired Kate Spade, from department stores hits sales, sending its shares down.
JD.com Inc, China's second-largest e-commerce firm, posted a wider net loss in the second quarter as marketing costs offset higher-than-forecast revenue growth, sending its shares sharply lower on Monday.
Apparel and footwear maker VF Corp said on Monday it would buy privately held Williamson-Dickie Mfg. Co, the owner of Dickies and Workrite workwear, for about $820 million in cash. VF said it now expects its 2017 revenue to rise 3.5 percent to $11.
Poshmark, an online service that helps people buy and sell second-hand clothing, is in talks to raise more than $50 million in a funding round that could value the startup at roughly $600 million, sources said on Monday.
The Children’s Place Inc, the largest pureplay children’s speciality apparel retailer in North America, has announced that its net sales increased 0.6 per cent to $373.6 million in the second quarter of 2017.
India's Flipkart has secured nearly $2.5 billion in funding from Japan's SoftBank Group, giving the online retailer more firepower to compete with Amazon in the country's burgeoning e-commerce market.
Bank of America Merrill Lynch, JP Morgan and KKR Capital Markets have been chosen as joint global coordinators for an initial public offering for fashion company SMCP in Paris, two sources said on Friday.
Is Matchesfashion set to be the latest business snapped up by an investment fund? Rumours have been swirling around the luxury e-tailer for months, but now it seems it really in in talks with investors about a takeover.