Brooks Brothers Group Inc. filed for bankruptcy, felled by the pandemic’s impact on clothing sales and its own heavy debt load. …
Superdry to take full control of its China operations
Superdry announced that following a review of its long-term business plan for its operations in China, it will be taking back full control of the Superdry brand in China.…
HanesBrands appoints new CEO
HanesBrands announced that its Board of Directors has appointed Stephen B. Bratspies as chief executive officer and board member, effective 3rd August, 2020.…
China tipped to be world’s largest apparel market by 2023, beats U.S.
In light of predictions of a 15% decline in global apparel sales in 2020, due to impact of the Covid-19 pandemic, China is poised to topple the U.S. as the largest apparel market in the world over the…
G-III Apparel to close all Wilsons Leather and G. H. Bass stores
G-III Apparel Group, Ltd. announced operating results for the first quarter of fiscal 2021 ended 30th April, 2020 and the restructuring of its retail operations segment.…
American Eagle Outfitters reports increased digital demand in first quarter
American Eagle Outfitters, Inc. reported earnings per share of $1.54 for the first quarter ended 2nd May, 2020.…
Abercrombie & Fitch announces first quarter financial result
Abercrombie & Fitch Co. said its first quarter results has strong cash flow management and month-over-month acceleration in digital sales growth, partially offsetting sales decline from temporary…
Renown files for bankruptcy
Japan’s Renown Inc. part of Chinese fashion empire Shandong Ruyi, filed for bankruptcy with 13.9 billion yen ($130 million) in debt.…
Under Armour announces 2020 first quarter report
Under Armour Inc. announced financial results for the first quarter ended 31st March, 2020.…
Kontoor Brands announces 2020 first quarter report
Kontoor Brands reported financial results for its first quarter ended 28th March, 2020, and updated its impacts and actions related to COVID-19.…