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BCBG Max Azria to have second round of mass layoffs in the last year

09:43 AM | Fashion United

Los Angeles - It seems things are not getting any better for BCBG
Max Azria in recent developments. Although the retailer was
granted a bankruptcy loan earlier this month, the company will now be
experiencing more mass layoffs starting this May. Effective May 11, the company has given notice that it will have layoffs
that will affect 116 employees, according to Apparel News.


H&M Versace

H&M to Launch New Brand

09:31 AM | Women’s Wear Daily

Arket, due out after the summer, is to focus on a broad range of essentials for men, women and children, as well as a smaller, curated assortment for the home.

Global Expansion-flags

Columbia Sportswear appoints SVP of North America DTC

09:29 AM | Fashion United

Columbia Sportswear Company has elevated David Lawner to the position of
Senior Vice President of North America Direct-to-Consumer (DTC), from the
interim role he had held since joining the company in October 2016. Lawner
will continue to report directly to President & COO Bryan Timm.


H&M Oxford St.

Despite 7 percent rise, H&M calls Q1 sales disappointing

09:29 AM | Fashion United

The H&M group’s sales including VAT amounted to 54,369 million Swedish
krona (6,125 million dollars) in the first quarter, an increase of 7
percent. Sales excluding VAT amounted to 46,985 million Swedish krona, an
increase of 8 percent, while sales in local currencies increased by 4
percent.

Oxford Circus

H&M Group announces new brand Arket amid "rapid change" in fashion sector

09:01 AM | Retail Gazette

H &M Group has released its quarterly results while announcing the launch of a new fashion brand Arket. Group sales from December 1 to February 28 saw a seven per cent rise to £50.6 million but margins were reportedly hit by a sales slowdown and higher than planned markdowns.

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