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Global Brands Group has reported a net loss attributable to shareholders of US$598 million in the year to March. That followed a loss of $400 million the prior year, but the company claims its restructuring program involving axing brands and stores is paying…
David Beckham has split with fashion retailer H&M – and he’s being upstaged by a Canadian pop star with a hairdo worse than Donald Trump’s… H&M introduced its first Beckham Bodywear collection featuring form-fitting underwear in 2012 and expanded the…
Revenue rose but profit fell for Uniqlo parent The Fast Retailing Group for the first nine months of its latest fiscal year, from September 1 last year to May 31. Consolidated revenue for the group reached ¥1.4346 trillion (US$215 billion), a rise of 6.4 per…
Hong Kong-based Global Brands Group has signed a 10 year licensing agreement covering two North American denim brands. In a joint venture between Iconix Brand Group and Buffalo International Global for the Buffalo David Bitton and i Jeans by Buffalo labels.…
Global Brands Group is discussing a possible “strategic alliance” with Chinese eCommerce companies Alibaba and JD.com. The two e-tailers are declining to comment on the matter, but based on comments by Global Brands CEO Bruce Rockowitz, Bloomberg reports the…
Li & Fung spinoff Global Brands has reported stronger margins as it continues to shed non-performing brands in favour of higher end products. The group’s total margin continues to rise, growing as a percentage to turnover from 29.7 per cent to 31.7 per cent…
Global Brands, the listed Li & Fung spinoff, has reported its first trading result – reveling in a 37 per cent profit rise. The Hong Kong based company listed as an independent business on July 9, a move CEO and vice chairman Bruce Rockowitz says afforded it…
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