Movado Group Inc. saw a major drop in sales for the first financial quarter of 2018, from $114.1 million in the same quarter last year to $99.3 million. The New Jersey-based company will put its focus on new products.
He’s one of jewelry’s most influential creators; he’s founded and built De Grisogono into a 100 million-euros-plus brand; his creations adorn the world’s most beautiful women and Fawaz Gruosi throws a great party.
Fast-growing UK fashion retailer Quiz has signed with e-tail giant Zalando. It is now available on the German site and will roll out to the UK and French sites shortly. This follows Quiz's 103% e-sales surge in March.
Zalando, Europe's biggest pure online fashion retailer, said on Wednesday it would open its new Nordic distribution hub in Brunna, near Stockholm, with the aim to speed up delivery across the Nordic region.
Dubai's Emaar Malls will buy a 51 percent stake in e-commerce fashion website Namshi from Germany's Rocket Internet for $151 million (£116.5 million) as competition for technology deals heats up in the Middle East.
Current Managing Director of Development Gary Bond will now be supported in his role by Michael Natas, who has been promoted to the position of "joint managing director" at the British outlet specialist.
Marks & Spencer made headlines Wednesday morning as profits went into freefall and fashion sales dipped. But a full-price sales rise and other upbeat news meant the turnaround is on track and the share price is rising.
Nylon Media Inc. is taking one step deeper in influencer marketing and has announced its acquisition of Simply Stylist, the premier fashion and beauty event and conference company linking influencers and brands.