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Forever 21 Opens in India
New Delhi–While Bollyhood movies often depict Indian women in traditional saris, the modern Indian consumer embraces the same trendy fashions favored in the West. This was clearly evident by the...
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Kenneth Cole Q3 Profit Doubles on Improved Sales
New York–Kenneth Cole Productions Inc. reported today that its third quarter profit more than doubled from last year on higher sales and lower expense costs. The company also raised its fourth quarter...
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Item of the Day
Globetrotting travelers that we are, nothing makes us happier than hearing stories about designers who get their Big Idea while visiting exotic places abroad. Inspiration hits in many ways, and we...
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Currency Exchange, European Uncertainty Hurt Wolverine Q1
Rockford, MI—Wolverine World Wide Inc. said today that its first quarter sales and income fell due to negative foreign exchange rates and economic uncertainty in its European markets. However, the...
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Iconix Lowers Full Year Forecast on Disappointing Q1
New York—Iconix Brand Group Inc, the licensing giant behind Candies, Danskin, Ed Hardy and Material Girl among others, lowered its full year forecast today after reporting its first quarter sales and...
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Item of the Day
We’re always proud to promote artisans from around the world, particularly those in Fair Trade situations. These colorful wooden bangles, marking the debut of Jan Lewis Designs, utilize Indian...
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By 2025, India, China Apparel Markets to Exceed U.S., Europe
Haryana, India—For decades the United States and Europe have dominated the consumer fashion scene with their powerhouse economies. But don’t expect that to last in the textile and apparel industries....
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Asia to Account for More Than 50% of Luxury Market in 10 Years
London—Although some earnings reports from major luxury conglomerates have indicated a slowing in sales of luxurygoods, Asian still stands to become the dominate market for luxury sales. Indeed, Asia...
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Gap Inc. Q2 Profit Up 10%, Plans for India
San Francisco—Despite narrowed margins like some other specialty retailers, Gap Inc. reported late Thursday a 10% rise in profit, helped by higher sales and a gain from asset sale. For the three...
View ArticleIndia Starts New Initiative to Become World Leader in Leather Manufacturing
New York—The Government of India recently launched a new initiative—“Make in India,” where all sectors of manufacturing from agriculture to automobiles have been de-licensed and deregulated. One...
View ArticleKate Spade & Co. Boasts Q4 Results, Tempered Outlook
New York—Kate Spade & Co today reported better-than-expected fourth quarter sales thanks to improvements in its comp store sales and expanded margins. Nonetheless, the company tempered its...
View ArticleForever 21 Opens in India
New Delhi–While Bollyhood movies often depict Indian women in traditional saris, the modern Indian consumer embraces the same trendy fashions favored in the West. This was clearly evident by the...
View ArticleKenneth Cole Q3 Profit Doubles on Improved Sales
New York–Kenneth Cole Productions Inc. reported today that its third quarter profit more than doubled from last year on higher sales and lower expense costs. The company also raised its fourth quarter...
View ArticleItem of the Day
Globetrotting travelers that we are, nothing makes us happier than hearing stories about designers who get their Big Idea while visiting exotic places abroad. Inspiration hits in many ways, and we love...
View ArticleCurrency Exchange, European Uncertainty Hurt Wolverine Q1
Rockford, MI—Wolverine World Wide Inc. said today that its first quarter sales and income fell due to negative foreign exchange rates and economic uncertainty in its European markets. However, the...
View ArticleIconix Lowers Full Year Forecast on Disappointing Q1
New York—Iconix Brand Group Inc, the licensing giant behind Candies, Danskin, Ed Hardy and Material Girl among others, lowered its full year forecast today after reporting its first quarter sales and...
View ArticleItem of the Day
We’re always proud to promote artisans from around the world, particularly those in Fair Trade situations. These colorful wooden bangles, marking the debut of Jan Lewis Designs, utilize Indian artisans...
View ArticleBy 2025, India, China Apparel Markets to Exceed U.S., Europe
Haryana, India—For decades the United States and Europe have dominated the consumer fashion scene with their powerhouse economies. But don’t expect that to last in the textile and apparel industries....
View ArticleAsia to Account for More Than 50% of Luxury Market in 10 Years
London—Although some earnings reports from major luxury conglomerates have indicated a slowing in sales of luxurygoods, Asian still stands to become the dominate market for luxury sales. Indeed, Asia...
View ArticleGap Inc. Q2 Profit Up 10%, Plans for India
San Francisco—Despite narrowed margins like some other specialty retailers, Gap Inc. reported late Thursday a 10% rise in profit, helped by higher sales and a gain from asset sale. For the three months...
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