Fashion/Clothing

Under Armour Is Laying off Employees, Re-Focusing on Core Men's Apparel

Under Armour said it's laying off employees and re-prioritizing its core men's apparel business as part of its restructuring effort.


Hawaii's 2024 Teacher Appreciation Week Concludes with Last Chance Discounts for Educators

Several stores are participating in Hawaii’s celebration of Teachers Appreciation Week, most of which will end on May 10...

Target Cuts Pride Merch Ahead of June After 2023 Fiasco

Target announced that it was planning to reduce its LGBTQ+-themed merchandise in some of its stores for June’s Pride Month...

Canada: Competition Bureau Probes Lululemon Over 'Greenwashing' Allegations

A complaint reveals Lululemon's marketing-environmental impact discrepancies, citing a significant rise in greenhouse gas emissions since the "Be Planet" campaign's started in 2020...


Latest News

NY fashion company Fifth & Pacific changes name, CEO steps down
New York fashion company Fifth & Pacific Cos. on Thursday changed its name to Kate Spade & Co. to reflect the company's new, singular focus. The apparel maker also announced on the same day that its c
Chinese cotton manufacturer to invest $2B in Pakistan
Shandong, China-based cotton and yarn manufacturer Shandong Ruyi Technology Group Co Ltd will invest $2 billion in the energy and textile sectors of Pakistan over the next two years.
US clothing retailer Men's Wearhouse launches second move in hostile bid for Jos. A. Bank
Texas-based clothing retailer Men's Wearhouse made a $1.6 billion ($57.50 per share) cash offer as its latest move in a hostile bid for Maryland-based firm Jos. A. Bank, after its $55 per share offer
Marks and Spencer's Marc Bolland to come under investor pressure if next week's figures disappoint- report
Some investors say that Marc Bolland, the head of retailer Marks and Spencer will come under renewed investor pressure if the Christmas and New Year sales figures next week disappoints, a Financial Ti
Jos. A. Bank tightens poison pill requirements
Retailer Jos. A. Bank Clothiers on Friday amended the ownership threshold of its poison pill to 10% from 20%. The amendment would enable Jos. A. Bank to issue a large number of shares to existing shar
Three dead in Cambodia garment workers strike -report
The Phnom Penh Municipal Police on Friday said that three people were killed and several others wounded after police fired AK-47 rifles to quell a labor protest by striking garment workers in Cambodia
Royal Bank of Canada is top dealmaker on Canadian retail M&A- report
The top dealmaker for Canadian retail mergers and acquisitions for 2013 is the Royal Bank of Canada, data from Bloomberg revealed. RBC has held the top spot for the third straight year.
US shoemaker Crocs' chief to retire as Blackstone picks up $200M stake
The Chief Executive Officer (CEO) of Colorado, US-based plastic clogs maker Crocs Inc is set to retire, and Blackstone Group LP will acquire a $200-million convertible preferred stock in the strugglin
Angel investment in Russia quadrupled this year - study
Angel funding in Russian companies were 4.5 times more than funding from angel investors in 2012, according to a joint study by National Association of Business Angels (NABA), Atom Partners and RVC.
590 venture-backed US companies could be IPO candidates next year - report
Research firm CB Insights revealed in its latest report that IPO activity will most likely be the most active in the technology sector as over 500 companies have healthy trajectories and high valuatio
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