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E-Land Sells Teenie Weenie to Chinese Label in $900 Million Deal
E-Land Group said it will sell Teenie Weenie to Chinese fashion house V-Grass Fashion Co. in a deal that reflects Chinese consumers’ shifting preference for more premium products.
Nike’s Move to Drop Golf Gives Callaway Big Opening, CEO Says
Nike Inc.’s loss of the golf-club business may be Callaway Golf Co.’s gain.
Uniqlo Opens Biggest Southeast Asia Store, Looks Abroad for Growth
Uniqlo-owner Fast Retailing is busy opening stores in the US, London and across Asia to help reduce its dependency on a home market where Japanese household spending is falling.
Sycamore’s Nine West Shoe Chain Trips Over Rising Debt Hurdle
Nine West, the footwear chain owned by Sycamore Partners LLC, is stumbling toward a financial reckoning as shifting fashions and weak earnings leave the company mired in debt.
Gap Distribution-Centre Fire Seen as Holiday Headache for Chain
With the holidays just a few months away, that could disrupt Gap’s critical selling season, a fire at the retailer’s distribution centre in Fishkill, New York, may create a “meaningful bottleneck” for the company
Abercrombie & Fitch Can't Get the Grown-Ups Into the Kids' Clothes
Abercrombie & Fitch wants adults in their twenties to wear its selection of button-downs, jeans, and graphic tees, yet the grown-ups remain hesitant.
Abercrombie Falls After Tourism Pullback Weighs on Results
Abercrombie & Fitch fell as much as 18 percent after slow sales at flagship locations weighed on its latest results and outlook, sparking concerns that its turnaround is sputtering.
Tiffany Turns to the Bright, Young Things
While love is timeless, fashion can be fleeting, particularly when it come to young trendsetters.
Tiffany Sales Miss Estimates as Global Uncertainty Hurts Demand
Tiffany & Co. posted second-quarter sales that missed analysts’ estimates as global economic uncertainty weighed on demand.
As China E-Commerce Booms, Private Equity Sees Room for Growth in Storage Space
As Chinese consumers embark on an online shopping spree, demand has soared from e-commerce companies, far outpacing supply and prompting a parallel binge in investment in warehouses and logistics businesses.