Alibaba Singles' Day tops $30 billion but growth rate plunges
Alibaba Group cashed a record 213.5 billion yuan ($30.7 billion or £23.8 billion) in sales on Sunday during its 24-hour online retail frenzy Singles’ Day, but the event’s annual growth...
Benjamin Fitzgerald 314 publications
The latest news
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![]( "Alibaba Singles' Day tops $30 billion but growth rate plunges")
Alibaba Singles' Day tops $30 billion but growth rate plunges -
![]( "Tod's nine-month sales dip on currency, market headwinds")
Tod's nine-month sales dip on currency, market headwindsTod's nine-month sales dip on currency, market headwinds
Italian luxury group Tod’s said on Wednesday nine-month sales dipped 2.2% on the back of lower revenues across its own Tod's and Roger Vivier footwear brands.
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![]( "Brunello Cucinelli nine-month revenues surge on growth in all regions")
Brunello Cucinelli nine-month revenues surge on growth in all regionsBrunello Cucinelli nine-month revenues surge on growth in all regions
Italian heritage fashion house Brunello Cucinelli reported on Tuesday double-digit growth for the first nine months of 2018, with impressive sales increases across all major markets...
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![]( "Inter Parfums quarterly sales lift on Coach, Jimmy Choo")
Inter Parfums quarterly sales lift on Coach, Jimmy ChooInter Parfums quarterly sales lift on Coach, Jimmy Choo
New York-based fragrance manufacturer Inter Parfums said on Monday that sales in the third quarter gained 4.5% on the back of strong revenues across its Coach and Jimmy Choo lines globally.
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![]( "Deckers sees profits lift, increases full-year guidance")
Deckers sees profits lift, increases full-year guidanceDeckers sees profits lift, increases full-year guidance
Deckers Brands reported on Thursday a sales increase of 4% in the second quarter, coupled with improved margins, prompting the American footwear retailer to lift its full-year guidance.
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![]( "Sears files for Chapter 11 bankruptcy")
Sears files for Chapter 11 bankruptcySears files for Chapter 11 bankruptcy
Sears Holdings on Monday filed for Chapter 11 bankruptcy, following a last minute ditch effort from the U.S. department store retailer's CEO to contribute towards a financing package.
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![]( "Uniqlo parent teams up with logistics firm Daifuku")
Uniqlo parent teams up with logistics firm DaifukuUniqlo parent teams up with logistics firm Daifuku
Fast Retailing said on Tuesday it was teaming up with logistics company Daifuku Co in a global strategic partnership aimed at delivering products faster to customers.
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![]( "Carhartt WIP, Converse collaborate for sneakers")
Carhartt WIP, Converse collaborate for sneakersCarhartt WIP, Converse collaborate for sneakers
U.S. apparel maker Carhartt Work In Progress (WIP) has reinterpreted the Converse One Star, fusing utilitarian military inspiration with contemporary design.
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![]( "Moncler debuts on Tmall")
Moncler debuts on TmallMoncler debuts on Tmall
The luxury Italian label is ramping up its presence in China with the opening of an online store on Alibaba-owned marketplace Tmall.
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![]( "Centrestage 2018 sees 2.4% increase in buyer attendance")
Centrestage 2018 sees 2.4% increase in buyer attendanceCentrestage 2018 sees 2.4% increase in buyer attendance
One of Asia largest fashion tradeshows, Centrestage concluded its four-day 2018 edition on September 8, recording a 2.4% increase in buyer attendance figures, compared to the previous year.
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![]( "Ebay expands authentication program to watches")
Ebay expands authentication program to watchesEbay expands authentication program to watches
Online retail giant Ebay has extended its authentication program to watches this week, in a move to limit the number of fake timepieces being sold on its platform, increasing consumer...
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![]( "Hervé Léger names Christian Juul Nielsen creative director")
Hervé Léger names Christian Juul Nielsen creative directorHervé Léger names Christian Juul Nielsen creative director
Hervé Léger has entrusted the creative direction of its womenswear collections to Christian Juul Nielsen. The designer is already working on his debut collection for the label, acquired...
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![]( "Le Coq Sportif consolidates growth with first-half 2018 profit")
Le Coq Sportif consolidates growth with first-half 2018 profitLe Coq Sportif consolidates growth with first-half 2018 profit
Preliminary figures at the French brand, owned by Swiss holding group Airesis, showed encouraging signs for the first half of 2018 with a positive EBITDA result.
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![]( "Thomas Meyer acquires 10% Desigual stake from Eurazeo")
Thomas Meyer acquires 10% Desigual stake from EurazeoThomas Meyer acquires 10% Desigual stake from Eurazeo
Desigual CEO Thomas Meyer has acquired a 10% stake in the Spanish fashion brand, which was purchased by the Eurazeo investment firm in 2014. Meyer now becomes the sole shareholder of the...
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![]( "Kering loses board member Laurence Boone")
Kering loses board member Laurence BooneKering loses board member Laurence Boone
Leaving for the OECD, the star economist will quit the Kering board for a second time, after exiting in 2014 to join French President Hollande's government. Sophie Bouchillou will also...
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![]( "H&M launches 25-unit perfume collection in partnership with Givaudan")
H&M launches 25-unit perfume collection in partnership with GivaudanH&M launches 25-unit perfume collection in partnership with Givaudan
On August 16, H&M will launch a line of 25 perfumes, created in collaboration with two Givaudan perfumers: Nisrine Grillié, a fresh company talent, and Olivier Pescheux, a recognised name...
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![]( "Shandong Ruyi partners with Chinese luxury platform Secoo")
Shandong Ruyi partners with Chinese luxury platform SecooShandong Ruyi partners with Chinese luxury platform Secoo
Chinese luxury platform Secoo has announced a new partnership with Shandong Ruyi, the clothing production and distribution giant, and owner of France's SMCP group, which it acquired in 2016.
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![]( "Balmain taps Yoox Net-A-Porter for digital store relaunch")
Balmain taps Yoox Net-A-Porter for digital store relaunchBalmain taps Yoox Net-A-Porter for digital store relaunch
French fashion maison Balmain has entrusted e-commerce firm Yoox Net-A-Porter Group with the digital relaunch of its new online store.
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![]( "France's World Cup win leads brand sponsors to victory")
France's World Cup win leads brand sponsors to victoryFrance's World Cup win leads brand sponsors to victory
On Sunday night, France for the second time were the winners of the World Cup tournament, wrapping up the 2018 edition in Russia. The final was also a win for several brands present both...
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![]( "'Rest of the World' International Woolmark Prize semi-finalists revealed")
'Rest of the World' International Woolmark Prize semi-finalists revealed'Rest of the World' International Woolmark Prize semi-finalists revealed
Four global finalists were revealed at the New York semi-final competition for the seventh International Woolmark Prize held. Three Americans and an Australian will join eight Asian and...
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![]( "Levi's powers on in second quarter, raises full-year guidance")
Levi's powers on in second quarter, raises full-year guidanceLevi's powers on in second quarter, raises full-year guidance
Levi Strauss Co said on Tuesday that revenues continued to rise in the second quarter, roaring forward 17%, quadrupling of net income for the three months. The U.S. brand lifted its...
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![]( "Bottega Veneta marketing director Lisa Pomerantz departs")
Bottega Veneta marketing director Lisa Pomerantz departsBottega Veneta marketing director Lisa Pomerantz departs
With its strategic comeback in full swing, the Kering-owned luxury brand will see its marketing director, Lisa Pomerantz, depart this month, coinciding with the arrival of new creative...
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![]( "JD, L Catterton Asia invest $175m in online luxury retailer Secoo")
JD, L Catterton Asia invest $175m in online luxury retailer SecooJD, L Catterton Asia invest $175m in online luxury retailer Secoo
The online Chinese retail giant has partnered with private equity firm L Catterton Asia for a $175 million cash injection into China's luxury fashion e-commerce portal Secoo.
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![]( "Anthropologie names Peter Ruis international managing director")
Anthropologie names Peter Ruis international managing directorAnthropologie names Peter Ruis international managing director
The U.S. fashion retailer has appointed former Jigsaw chief executive Peter Ruis as managing director of Anthropologie international, effective July 9.
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![]( "Wrangler goes back to its roots with 'Icons' collection")
Wrangler goes back to its roots with 'Icons' collectionWrangler goes back to its roots with 'Icons' collection
At the recent Seek tradeshow in Berlin, Wrangler presented its new capsule collection, 'Icons', centred around three iconic pieces known to the denim brand, but reimagined with a modern...
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![]( "Nike names Noel Kinder chief sustainability officer, Hannah Jones head of business incubator")
Nike names Noel Kinder chief sustainability officer, Hannah Jones head of business incubatorNike names Noel Kinder chief sustainability officer, Hannah Jones head of business incubator
After several leadership shuffles in 2018, Nike said on Tuesday veteran Noel Kinder has been named the U.S. sports firm's chief sustainability officer, replacing Hannah Jones who moves to...
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![]( "Guess joins hands with I:Collect")
Guess joins hands with I:CollectGuess joins hands with I:Collect
Guess has joined hands with I:Collect for the collection, certified sorting, reuse and recycling of used apparel and footwear, as the U.S. fashion brand introduces its wardrobe recycling...
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![]( "PayPal acquires fraud-prevention firm Simility for $120m")
PayPal acquires fraud-prevention firm Simility for $120mPayPal acquires fraud-prevention firm Simility for $120m
After announcing plans to purchase digital payment provider Hyperwallet for $400 million on Wednesday, PayPal Holdings has confirmed it will acquire fraud-prevention firm Simility.
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![]( "Paypal acquires payment provider Hyperwallet for $400m")
Paypal acquires payment provider Hyperwallet for $400mPaypal acquires payment provider Hyperwallet for $400m
PayPal Holdings Inc. announced on Monday that it has agreed to acquire Hyperwallet, a global payout platform, for $400 million in cash. The move hopes to bolster options at PayPal to...
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![]( "Jacquemus to present men's collection in Marseille")
Jacquemus to present men's collection in MarseilleJacquemus to present men's collection in Marseille
Jacquemus announced via Instagram that the designer's debut men's collection and fashion show will be unveiled in Marseille. The new line carries the title, 'Gadjo'.