Fashion jobs, fashion news for fashion professionals on the business platform for the fashion industry in USA including fashion

John Varvatos acquisition finally completed

Wednesday saw the last chapter of an operation involving VF Corporation, retailer John Varvatos and equity firm Lion Capital LLP.
cit.com, a leading provider of financing to small businesses and middle market companies just announced that it Read more...

Temperley London to open first flagship

London fashion week label Temperley London has announced that it will be opening its first flagship store in London’s Mayfair this November. The six-floor Georgian building located on Bruton Street, also the home to Matthew Williamson and Stella Read more...

New Look said to hire HSBC & RBS for debt maturity plan

British high street champion New Look is said to have hired HSBC Holdings Plc and Royal Bank of Scotland Group Plc to coordinate plans to extend its debt maturity. News arose a week ago when New Look sought after senior lenders to re-arrange Read more...

ModCloth closes USD25m funding led by NVP

ModCloth, an American online retailer of independently designed fashion and decor, has closed a $25 million round of funding led by Norwest Venture Partners (NVP). The e-tailer’s existing investors, led by Accel Partners, also participated in this round. Read more...

London a hotbed for tourist shoppers

The European austerity measures may have Londoners staying at home, but international shoppers and tourists are spending like never before, buying British and European luxury goods. Consumers from China and South East Asia see London Read more...

Ferragamo shoes beat market estimates: EUR38.2 m for Q1

Italian luxury goods maker and retailer explained Wednesday how the quarterly sales “justify expectations for significant growth also throughout 2012, in the absence of severely unfavourable market conditions.” Shoes were the unarguable Read more...

Marchesa to launch a contemporary line

Marchesa, known for its red carpet gowns, founded by British fashion designers Georgina Chapman and Keren Craig, has confirmed that it is set to launch a lower-priced contemporary line. The womenswear label has inked a licensing Read more...

Cotton prices down to a 21-month low

Cotton tumbled to a 21-month low, trimming costs for clothing retailers after the US forecast rising inventories and as industrial output slowed in Asia. World stockpiles will climb 10% to 73.75 million bales in the season that starts Aug. 1, Read more...

Paul Smith plans Chinese expansion

London Fashion Week designer Paul Smith is on the verge of a major expansion into China after signing a partnership agreement with Hong Kong brand and distribution firm ImagineX. According to reports from Bloomberg, the fashion brand will Read more...

Postie Plus seals sale of Babycity to private equity firm

New Zealander clothing retailer Postie Plus Group’s stakeholders strongly backed the sale of Babycity stores to a private equity-funded company led by former L V Martin chief executive Trevor Douthett, after the group posted third quarter Read more...

Pre-order open to online consumers

With this inexhaustibly changing fashion and consumer landscape, where retailers are being literally forced into coming up with ever new and superior ways to sell their clothes, purchasers are ever more being given exclusive access to collections, Read more...

American Apparel reduces Q1 loss by 40%

Polemic apparel retailer American Apparel Inc. reported a nearly 40% slimmer financial loss and improved sales in the first three months of 2012. Sales totaled $132.7 million, a 14% hike from $116.1 million last year for the same trimester. Read more...

Piperlime to launch New York flagship

Piperlime, a retailer owned by Gap Inc, is opening its first New York store this fall. Currently an online boutique, the young and affordable fashion brand will open its first retail store at 121 Wooster St. in the SoHo neighbourhood Read more...

Tod's sees sales soar

Italian luxury group Tod's announced it saw its sales grow 8% in the quarter to March 31st. The company reported €263.2m in sales with each of its portfolio's brands, which also includes Hogan, Fay and shoe designer Roger Vivier, performing well. Read more...

YGM Trading buys Aquascutum for GBP15million

Hong Kong-based YGM Trading Ltd has agreed to buy Aquascutum for 15 million pounds ($24 million). YGM - which also distributes men's and ladies' wear under brands including Michel René, Guy Laroche, Charles Jourdan, Ashworth, and Read more...

Gap launches "Be your own T" campaign

The Gap has launched a new campaign called “Be Your Own T”. Using the t-shirt as the most democratic of fashion items, the collection offers a "T" for everyone, allowing customers to upcycle old t-shirts into new accessories. Using the Read more...

Thomas Tait up for prestigious prize

Canadian-born, British-based designer Thomas Tait, who was the youngest student to ever graduate the MA in women’s wear from Central Saint Martin’s college has been nominated for this year’s prestigious ANDAM prize, the world's biggest Read more...

Barneys sold to Yucaipa Cos. and Perry Capital

"This agreement provides us with increased free cash flow that will be used to revitalize our stores, invest in Barneys.com and further enhance our customer experience at a time when our operational financial performance is very strong, Read more...

Schiaparelli set to relaunch

Italian fashion label Schiaparelli, which is the focus of the Metropolitan Museum’s latest exhibition, has announced that it’s to be relaunched by its owner Diego Della Valle, who is the president and CEO of the Italian leather goods company, Read more...

Paco Rabanne and Manish Arora part ways

Fashion house Paco Rabanne, owned by Spanish group Puig, has confirmed that it has parted ways with its creative director, Manish Arora, by a “mutual agreement” after just two seasons. The Indian designer, who joined the Paris-based label Read more...