The owner of Tommy Hilfiger and Calvin Klein has revealed that it is closing its heritage brands retail business as part of efforts to streamline its operations in North America in the wake of the Covid-19 pandemic.
India’s Reliance Industries Ltd is looking to buy fashion and child-focused retailers abroad and partner with global sports and beauty brands as part of its expansion into consumer markets, a top executive told Reuters.
The New York-based brand management company announced on Thursday that it has entered into a cooperation agreement with Sports Direct, allowing the British retail group to appoint two Directors to Iconix’s Board.
The New York-based brand management group published its results for the first quarter of 2018 on Friday, reporting net income of $32.7 million, up from $4.4 million in the prior year period, despite revenue slipping 17%.
The U.S. Security and Exchange Commission (SEC) on Thursday ordered music mogul and businessman Jay-Z to explain details of the sale of his clothing line to determine whether it violated federal security laws.
Future Specialty Retail Limited (FSRL) the fully-owned subsidiary of Future Lifestyle Fashions (FLF) has renewed its license agreement with Lee Cooper and aims to gain a wider market share of footwear market in India.