The Mahwah, New Jersey-based womenswear retail group reported net income of $32 million, or $0.16 per diluted share, for the first quarter on Monday, as its cost reduction initiatives made up for declining sales.
U.S. President Donald Trump has days to decide whether to impose tariffs on nearly $160 billion in Chinese consumer goods just weeks before Christmas, a move that could be unwelcome in both the United States and China.
A case study in how an influencer reinvented herself as a global brand, Anine Bing has built a fledgling fashion empire. FashionNetwork.com caught up with the influencer-designer as she unveiled her latest launch.
Topshop/Topman is set to lose its CEO in the latest blow to parent company Arcadia. Former Burberry exec Paul Price resigned this week for personal reasons, the company said. Price is relocating back to the US.
The board of Koovs has decided to place the business into administration after failing to secure additional funding to continue operations. Its founder is expected to acquire the brand and assets out of administration.