Global Brands Group is to sell a substantial part of its North American branded business to Differential Brands Group for US$1.38 billion. The move, announced at the release of its annual results yesterday, will allow it to cut debt, pay a modest special…
Despite a slight revenue dip, Global Brands Group Holding has almost doubled its first-half operating profit. Its total margin continued its upward trajectory, increasing from 28.3 to 30.5 per cent, primarily because of sourcing optimisation. As a result of…
Bebe Stores may have terminated its store leases this month, but the company is not totally out of commission. The retailer announced on Thursday that it is partnering with Global Brands Group to relaunch the Bebe e-commerce platform and its international…
Three years after the Japanese luxury department store chain announced plans to enter Saigon, Takashimaya Vietnam opened its doors at the weekend. As the anchor tenant of downtown Ho Chi Minh City’s Saigon Center, Takashimaya takes up a whole five floors…
Bebe Stores has entered into a joint venture with Bluestar Alliance to take over its global marketing and store operations, including in Asia. Bluestar, a privately owned brand management company founded in 2006, has paid US$35 million to Bebe Stores for its…
US-based global specialty retailer of contemporary women’s apparel and accessories – bebe stores, inc. has announced that it has signed a strategic cooperation agreement with Longgoal LLC, a leading Shanghai-based agency of international high-end brands. In a…