BERLIN, Germany — U.S. sportswear maker Nike Inc, battling Adidas AG to be the world's biggest soccer brand, expects kit sales to keep growing fast after the World Cup, its chief executive was quoted as saying in a German newspaper.
HONG KONG — Global Brands Group Holding Ltd., a brands management unit spun off from Li & Fung Ltd., begins trading in Hong Kong today.
NEW YORK, United States — Technology may finally be solving the thorny problem of buying clothing online - that you cannot try things on. Through scanners and data mining, consumers are now able to get a custom fit, saving them time and money because they do not have to order multiple items and return what doesn't fit.
LONDON, United Kingdom — Marks & Spencer Group Plc, the U.K.’s largest clothing retailer, reported a 12th straight quarterly drop in non-food sales as Chief Executive Officer Marc Bolland struggles to turn around the company’s fortunes.
PARIS, France — Seaweed may not be the first ingredient that springs to mind for perfume. But algae are among obscure ingredients to which perfume makers are turning to preserve the scent of their fragrances in the face of new EU anti-allergy restrictions.
PARIS, France — Apple has poached a senior executive from Swiss luxury watch brand Tag Heuer, which could be to help it with the launch of its iWatch expected this autumn.
NEW YORK, United States — Ousted American Apparel Inc. Chief Executive Officer Dov Charney has handed over his entire stake and voting rights in the struggling retailer to Standard General LP, enabling the fund to negotiate directly with the independent directors over the company's future, two sources close to the matter said on Wednesday.
PARIS, France — Luxury-goods companies are wrong to treat discount outlets as “dumping grounds” for surplus stock and risk alienating shoppers by doing so, according to Value Retail Plc, which operates designer malls across western Europe.
NEW YORK, United States — Two weeks after an unceremonious ouster from American Apparel Inc., Dov Charney has a fighting chance of wresting back control of the clothing retailer he founded 16 years ago -- even as his opponents show no signs of backing down.
BEIJING, China — Chinese e-commerce giant Alibaba Group Holding Ltd may have dominated online retail on personal computers, but is some way from replicating that leadership in shopping by smartphone and other mobile devices.
PARIS, France — JAB Holdings plans to run its luxury business directly, bringing brands including Jimmy Choo and Belstaff under the management of the investment arm of the billionaire Reimann family.