by Fashion Value Chain | Jan 10, 2023 | Brands, Business & Policy
Abercrombie & Fitch Co raised its holiday quarter sales forecast on Monday on strong demand for its brands during the peak holiday selling period, sending shares about 3 percent higher before the bell. The Ohio-based apparel retailer said it now expects net sales...
by Fashion Value Chain | Jan 10, 2023 | Brands, Business & Policy, Retail
Hermès, the maker of the Birkin bag, is opening a new, larger store in Nanjing, China, demonstrating the luxury industry’s confidence in a significant rebound in Chinese consumers following three years of tight Covid-19 restrictions. Hermès, which first opened a...
by Fashion Value Chain | Jan 10, 2023 | Business & Policy
Shares of Lululemon Athletica Inc. fell after the maker of activewear decreased its gross margin forecast, igniting concerns about profitability for a second consecutive quarter. The Vancouver-based company said in a statement on Monday that the gross margin is now...
by Fashion Value Chain | Jan 9, 2023 | BRAND COLLECTION
Just how winter makes everything cosy, the season of love makes everything cosier and romantic. We can’t wait to pamper our special one this year with out of the box surprises. So, this Valentine’s Day, keep aside a box of chocolates, flowers and teddy bears and get...
by Fashion Value Chain | Jan 9, 2023 | EVENT UPDATE
‘Raising Day of Maharashtra Police’ Mumbai : R CITY, Mumbai’s iconic lifestyle and entertainment destination has been offering unique experiences to its patrons by hosting events across genres. This New Year 2023 witnessed yet another special celebration at R CITY,...