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36 stories in this topic
VF Corp. (VFC), a provider of branded lifestyle apparel, footwear and accessories, announced a transformation plan for its Asia Pacific operations, with relocations over the next 12 to 18 months with the first moves expected in April 2021. VF plans to move…
American brand management company Iconix Brand Group has sold the Starter China business for US$16 million to an unnamed local investor. The Starter divestment is the second Chinese transaction by the US company this year following an agreement reached in…
Upcycled fashion label The R Collective has launched its Denim Reimagined capsule collection at K11 Musea’s Levi’s store in Hong Kong. The Denim Reimagined collection, created by local designer Jesse Lee, uses surplus denim from Levi’s jeans and is being…
Denim brand Levi’s plans to scale back shipments to off-price retailers in the US as it targets a further improvement in gross margin and long-term ambitions in the growing Chinese market. The company ended the year reporting US$1.57 billion in sales,…
The Madewell denim brand is set to be split off from J Crew as part of a planned IPO by parent Chinos Holdings. Documents lodged with the US Securities and Exchange Commission on Friday show Chinos plans to raise funds to pay off some of its US$1.7 billion in…
Levi Strauss & Co has been “deliberate and diligent” in moving production out of China because of uncertainty hanging over tariffs on goods imported from China, CEO Chip Bergh has told Reuters in an interview. Just 1 percent or 2 percent of Levi’s product…
San Francisco-based retailer Levi Strauss announced plans to open 100 new company-operated stores this year. The apparel maker, which launched on the US stock market last month, announced its plans for the store openings alongside a well-received debut batch…
Famed denim streetwear brand Diesel USA has collapsed, filing for bankruptcy protection in Delaware. According to papers filed with the court, the company has up to $100 million in assets and as much as $50 million in debts. The company filed for bankruptcy…
Dutch denim company Denham Group has a new major shareholder, according to reports in the Netherlands, with China’s Trendy Group named the official buyer. The parent company of denim label Denham the Jeanmaker, Denham Group was snapped up by Trendy from…
Textile and apparel player Arvind Ltd on Thursday reported a 16.38 percent increase in its consolidated net profit to Rs 75.08 crore for the second quarter ended September 2018. According to a report: The company had posted a net profit of Rs 64.51 crore in…
It has only been a month since Versace announced it was to be sold to Michael Kors’ parent company Capri Holdings for a reported sum of 2.12 billion dollars. As an early indicator of change, and perhaps cost-saving measures under its new structuring, Versace…
Guess Jeans is expanding its Farmers Market concept to global stores until the end of next month. Created by Guess and vintage streetwear collector Sean Wotherspoon, the collection features reworked items from the Guess archives developed in the ’80s and…
Going on sale at midnight on JD, 50 pairs of limited-edition JD-G-Star Raw jeans were sold out in just three minutes. Exclusive G-Star Raw (x) JDX jeans, the were part of crossover fashion project JDX’s push into sustainable fashion. With its June 18…
Levi Strauss Asia growth last quarter was solid – but well behind the US and Europe rates. Higher profit in all three regions reflects improved margins. Levi Strauss Asia sales were up 9 per cent compared to a 46 per cent rise in Europe and 14 per cent in the…
US denim giant Levi Strauss has merged its South Asia market business with the Middle East and North Africa. And the company has appointed its India head Sanjeev Mohanty to spearhead the consolidated Levi Strauss Asia-MENA business. The company cites common…
US denim brand True Religion has emerged from Chapter 11 bankruptcy protection after just four months, with key stakeholders agreeing to a reorganisation plan ratified by the Delaware Bankruptcy Court. True Religion is now free to trade with a substantially…
