Coach Inc forecast full-year revenue below Wall Street estimates as the bag maker's efforts to pull out products, including those of newly acquired Kate Spade, from department stores hits sales, sending its shares down.
It was a good period last week for John Lewis even though wet weather could have made consumers feel very lukewarm about buying summer season goods. As it was, women happily bought outerwear while men bought Paul Smith.
Poshmark, an online service that helps people buy and sell second-hand clothing, is in talks to raise more than $50 million in a funding round that could value the startup at roughly $600 million, sources said on Monday.
A federal judge on Monday said Tiffany & Co may recover at least $19.4m in damages from Costco Wholesale Corp over the warehouse club chain's illegal sale of counterfeit diamond engagement rings under the "Tiffany" name.
Japan's cautious consumers are starting to loosen up, spending more and offering hope that domestic demand - and not just exports - will be strong enough to reflate an economy that has been sluggish for many years.
Bank of America Merrill Lynch, JP Morgan and KKR Capital Markets have been chosen as joint global coordinators for an initial public offering for fashion company SMCP in Paris, two sources said on Friday.
Is Matchesfashion set to be the latest business snapped up by an investment fund? Rumours have been swirling around the luxury e-tailer for months, but now it seems it really in in talks with investors about a takeover.
The British fashion e-commerce group has tapped Yasmin Sewell to head up its global editorial and creative teams. The former-Style.com recruit will oversee all content, and overall styling direction on-site.