China-based Xtep International Holdings announced plans to acquire E-Land Footwear USA Holdings, the parent of K-Swiss for $260 million.…
Sonia Rykiel enters receivership, buyer auction planned
Luxury fashion house Sonia Rykiel has filed for court protection as it seeks a buyer for the struggling French business.…
New York’s Jason Wu snapped up by Chinese investment firm Green Harbor
Chinese private equity firm Green Harbor Investment has bought a majority stake in the parent company of New York’s Jason Wu.…
LG Household buys Avon North America for US$125 million
LG Household & Health Care Ltd., a major South Korean cosmetics and household goods maker, said it has bought a U.S. company for US$125 million to expand its foothold in the North American market.…
Marketplaces and cross-border trade: Are you missing out?
According to Forrester Research, by 2022 cross-border shopping will make up 20 percent of all e-commerce—with sales forecast to reach USD$630 billion.…
Roberto Cavalli gets creditor protection from court
Some updates are now available.…
Zara owner Inditex sees revenues hit 26 billion euros for the first time
Zara parent company Inditex Group’s net sales rose by 3% in full-year 2018 to an all-time high of €26.14 billion, underpinned by growth in all of the Group’s geographic regions.…
Kogan launches Kogan Marketplace to rival U.S online giants
In a bid to take on U.S. online giants Amazon and Ebay, Australian e-commerce company Kogan has launched its online marketplace, allowing third-party sellers to trade on Kogan.com.…
How do rich Millennials spend their money?
Rich Millennials are creating new trends and status symbols.…
Movado Group fourth-quarter sales up 33%
Movado Group said that fourth-quarter revenues gained by double digits with the U.S. watch group narrowing its losses during the holiday period.…