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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…
Kenneth Cole India has opened its first flagship store. The American fashion house’s 1200sqft store, located at Infiniti Mall in Malad, Mumbai, carries the brand’s men’s and women’s clothing, footwear and accessories. Kenneth Cole India is operated by its…
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…
Shoe marketer Stella International has reported increased sales in the second quarter on the back of growing demand for sports fashion footwear. In the three months to September 30, consolidated revenue from its China retail business and its manufacturing…
