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

US online eyeglasses retailer Warby Parker scores $60M in Series C funding
New York-based online eyeglasses company Warby Parker has scored $60 million in a Series C funding round from its existing investors to beef up its customer support team.
Private equity firm Sycamore to acquire Jones Group for $2.2B including debt
Jones Group on Thursday announced that it will be bought by private equity firm Sycamore Partners for $2.2 billion, including the assumption of its debt. Sycamore valued Jones Group shares at $15 apie
Activist investor Clinton Group eyes takeover of teen apparel retailer Wet Seal
Hedge fund Clinton Group in a regulatory filing on Wednesday said that it is exploring an acquisition of California-based teen apparel retailer Wet Seal. The activist investor seeks to buy out Wet Sea
Moncler to raise a total of €784M in IPO after selling more shares
Italian clothier Moncler is expected to raise a total of about €784 million in its initial public offering after arranging banks Goldman Sachs Group, Bank of American Merrill Lynch and Mediobanca exer
Darty exits Turkish business to stem losses
Darty, the third-largest electricals retailer in the European region, had agreed to sell Darty Turkey to eliminate losses in non-core markets. Darty has responded to weak consumer spending and competi
ITOCHU invests in Hong Kong's ASF Limited
Tokyo, Japan-based firms ITOCHU Corp and ITOCHU Textile Prominent Ltd have finalized a deal with Fenix Group Holdings Ltd to invest in ASF Limited, an intermediate holding firm under the sponsorship o
Blackstone, CCMP, Investcorp are remaining bidders for Italy's Versace
Private equity firms Blackstone Group, CCMP Capital and Investcorp are the only remaining bidders for a minority stake in Italian fashion house Versace. Versace seeks to exit a 20% stake in the first
Discount chain Loehmann's files for bankruptcy
Loehmann's Holdings Inc., a seller of discounted designer goods from brands like Michael Kors and Calvin Klein, has filed for bankruptcy protection in the US Bankruptcy Court in Manhattan.
UK virtual fitting room startup Metail raises additional £2.6M
UK-based virtual fitting room firm Metail has received £2.6 million in additional funding as it prepares to move into a new headquarters in East London.
Two investors vie for minority stake in Italian luxury brand Versace
Italy's state backed Fondo Strategico Italiano (FSI) and private equity firm CCMP Capital are leading the race to secure a minority stake in Italian luxury goods group Versace.
Real Time Analytics