Tag: retail
Apparel
Next To Acquire Russell & Bromley for £2.5 Million
UK clothing retailer Next has officially announced its acquisition of the heritage footwear brand Russell & Bromley for £2.5 million ($3.35 million). The company...
Fashion
UK Fashion Spending Remains Strong Amid Economic Pressures
Despite ongoing economic difficulties, UK fashion spending remains a priority for consumers, with value-driven and responsive brands emerging as the top performers. Insights from...
Fashion
Saks Global Accesses $500M Funding Amid Bankruptcy Process
Saks Global Enterprises LLC, a key player in the luxury retail industry, has announced that it has secured access to an initial $500 million...
Fashion
Brunello Cucinelli Reports Record Revenue for FY25
Italian luxury fashion brand Brunello Cucinelli has wrapped up fiscal year 2025 (FY25) with remarkable achievements, reporting a preliminary record revenue of €1,407.7 million...
Fashion
Saks Global Files for Bankruptcy Amid Heavy Debt Crisis
Saks Global, the parent company of luxury retailer Saks Fifth Avenue, has filed for Chapter 11 bankruptcy protection due to overwhelming debt challenges. The...
Apparel
US Trade Groups Push to Renew Africa and Haiti Programs
A coalition of U.S. trade organizations, including the American Apparel & Footwear Association (AAFA), is advocating for the revival of expired trade preference programs...
Apparel
Centric Brands Acquires Fownes Brothers for Growth
Centric Brands, holding licenses for more than 100 brands, has acquired specific assets from Fownes Brothers & Co., a company specializing in licensed and...
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