Tag: spending

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

LeamireUNiqlo200

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 […]

Quiksilver Q2 Fiscal Results Are Down, 2015 Forecasts Adjusted

Kanoa-Igarashi-Sand-Jump_200

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. […]

Bread & Butter Trade Show Announces New Investor, Zalando, the Berlin-Based Online Platform for Fashion

bbblogo200

Bread & Butter has made an announcement today, June 8, 2015, regarding a new investor for the trade show, Zalando. Zalando is the Berlin-based online platform for fashion. With the help of Zalando, insolvency proceedings should be closed by 1st October 2015. The BBB team and concept and Zalando are a very good match, and […]

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

Supra200

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

HotTopic200

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

12027-org200

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 […]

Stance Leads Socks Trends, Builds Executive Team and Ecommerce Platform

stancesocks_200

Socks have made a strong resurgence among youth culture fashion in the past 3 years, making them one of the key new accessories of the new teen generation. From striped knee-highs to tie-dye motifs, and a strong color palette, socks are now as easily worn with cowboy boots and ankle boots as with sneakers or […]

Aeropostale Reports Loss of $45.3 Million—Teen Retailers Continue to Be in Trouble

aeropostale2_2001

Still not able to capture the marketshare they once had among teen buyers, Aeropostale’s Q1 report this week marked a loss of $45.3 million. The results were short of Wall Street expectations. According to our latest Spring Youth Culture Study 2015, Aeropostale has lost considerable preferences among specific segments of the teen marketplace, whereas other […]

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

Charney200

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 […]

Conde Nast to Make Style.com Ecommerce Site to Tap Into $1.5 Trillion Ecomm Marketplace

stly200

Conde Nast has been making several transitions for the past year and has announced through an exclusive with Business of Fashion, that Style.com will become a global ecommerce platform starting this fall. The editorial that is on Style.com will be moved over to American Vogue, which should limit some of the redundancy that’s been taking […]