French premium fashion group SMCP continues to outperform the market and on Wednesday, its Q4 and full-year sales figures showed just how strong it is, even though it has had to deal with some major headwinds.
While fashion weeks come to an end along with the imploding calendars they bring, some labels have questioned the future of this system and the industy's predilection for overproduction and hyper-consumerism.
Nike Inc's Kobe Bryant merchandise was sold out on its website, the company said on Tuesday, following reports the company had pulled products branded by the NBA star who died in a helicopter crash on Sunday.
Debt-laden property giant Intu has been moving fast to shed assets in order to reduce its massive debt load and the latest move was announced on Tuesday after it exchanged contracts to sell a key Spanish shopping centre.
The fragrance company has announced record annual sales of $713.5 million for fiscal 2019, reporting particularly solid progress in its U.S.-based operations, where Guess, Abercrombie & Fitch and Hollister led gains.
Multiple La Senza suppliers have filed a Chapter 7 involuntary bankruptcy petition against the lingerie retailer formerly owned by L Brands, alleging that the retailer has defaulted on its obligations.
The US e-tail site has been applying stock market-inspired concepts to the sale of sneakers for three years. CEO Scott Cutler told FashionNetwork.com he wants to go further in deploying the IPO-for-products model.