The Canadian owner of American Apparel announced dips in its third-quarter revenues and earnings on Thursday, due to weak sales in the company’s imprintables channel and declines in its hosiery and underwear category.
The LA-based streetwear brand has announced that it will be launching two new collaborative collections with Steve Aoki’s brand Dim Mak and iconic movie The Matrix at Long Beach festival ComplexCon this November.
Hudson’s Bay Co shareholder Catalyst Capital Group Inc has opposed an agreed deal by the struggling Canadian department store operator with a group led by executive chairman Richard Baker to be taken private.
The Canadian backpack brand founded by Jamie and Lyndon Cormack in 2009 has brought in new backers. Eurazeo, CGA and HOOPP have all taken minority stakes in the company to help turn it into a global lifestyle brand.
The Winston-Salem, North Carolina-based apparel group announced a slight increase in third quarter revenues on Thursday, as strong growth at its Champion brand struggled to compensate for slipping innerwear sales.
The three-piece collection celebrates the African woman’s beauty, the brand said, with a design that puts a new spin on ancient styles of cameo jewelry, such as cameos of Eros worn by women in ancient Greece.