Tag: Retail

Uniqlo Reports Huge Profits Up 52% Based on Great Sales of HEATTECH and Ultra Light Down and Hoodies

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Uniqlo, the brand that claims it will one day be bigger than The Gap, continues its roll of becoming a dominate fast-fashion retailer especially with its strong sales of its HEATTECH and AIRism collections featuring Ultra Light Down, first layer pieces and hoodies that have sun-protection technology. This week they reported their latest financials with […]

H&M Rocks It Again with Group Sales Up 23%, Profit Up 18%, 8 New Online Markets, and Launch of H&M Beauty in July

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H&M’s latest sales report has come out for the first half of the year, with amazing results. According to Karl-Johan Persson, CEO, “The strong sales development has continued for all our brands with a sales increase in SEK of 23 percent excluding VAT during the first half-year. Including VAT, this means that sales in the […]

Former President of The North Face, Steven E. Rendle, Named to New Position of President & Chief Operating Officer at VF Corporation

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Some interesting new shifts are taking place at VF Corporation, owners of The North Face, Timberland, Vans, and other brands. Steven E. Rendle, 55, has been appointed President & Chief Operating Officer at the company and has been elected to VF’s Board of Directors. He will report to Eric Wiseman, VF’s Chairman and Chief Executive […]

Bright Tradeshow in Berlin to Move Locations, Adds Brands Like DC, Nikita, Levis to Its Streetwear Roster

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Bright fashion trade show in Berlin has become one of the leading destinations for streetwear and action sports-inspired fashion, footwear, and accessories. Last week they announced a new location for their upcoming show, July 8-10, 2015, which is the same time as other shows such as Bread & Butter Berlin and SEEK, that will put […]

Quiksilver Q2 Fiscal Results Are Down, 2015 Forecasts Adjusted

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Quiksilver released their second quarter financial results which were way off from being a good sign of reversal. CEO Pierre Agnes says they have to back-peddle from previous predictions. “Currency exchange fluctuations are a major headwind this year, with a negative impact of roughly thirty million dollars to the initial EBITDA guidance for fiscal 2015. […]

K-Swiss Buys Supra and KR3W, Adds to Portfolio Which Also Includes Palladium

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K-Swiss continues to expand its brands with the recent purchase of Supra and KR3W as of last Friday, May 29, 2015. So far the terms of the deal are unknown, but apparently, K-Swiss has been looking at Supra for some time. In an interview with Footwear News, Larry Reminton, President and CEO of K-Swiss Brands […]

Hot Topic Buys Geeknet for $122 Million, Adds More Online Retail, Gaming, Sci-Fi

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Hot Topic, the teen brand and retailer that is highly desirable by youth culture shoppers and continues to perform well as revealed in our 15th Annual Spring Youth Culture Study 2015, announced on Tuesday, May 26, 2015, that is was buying Geeknet for $122 million. This means that Hot Topic is moving into the realm […]

Levi Strauss Gets Into DIY/Tailored Services with Launch of Tailor Shop

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Levi’s sees the writing on the wall with their latest concept of creating a Tailor Shop that caters to buyers DIY needs for individualism and creativity especially when it comes to denim. Somewhat similar to Nudie’s denim jeans repair shop (which is based on sustainability), the Levi’s Tailor Shop allows denim-heads to customize using Levi’s […]

Dov Charney, Former American Apparel CEO, Sues Standard General LP

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The ongoing saga of the fate of American Apparel continues, this time with former CEO Dov Charney suing Standard General LP, controllers of the brand, of false claims that he was fired based on an independent investigation by an outside law firm. According to Charney, it’s a “sham.” According to the complaint filed at the […]

VF Corp Q1 Results Show Outdoor and Action Sports Up 2%, Vans Leading with Revenues up 16%

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VF Corporation released their Q1 financials on May 1, 2015, with the Outdoor and Action Sports categories leading the way. Check-out our latest 15th Annual Spring Youth Culture Study 2015 for more information about how the VF brands rank in preferences among today’s youth culture. Here are more highlights from VF: “We remain confident in […]