Global Expansion-blue globe

SMCP Group turnover increases 16.4 percent in FY16

09:43 AM | Fashion United

In 2016, SMCP Group sales reached 786 million euros (844 million
dollars), representing a growth of 16.4 percent. The company’s
like-for-like sales growth stood at 7.1 percent, which SMCP said, reflected
market share gains and an outperformance in comparison to the sector.


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.

Apple logo

10 things in tech you need to know today (AAPL, AMZN, GOOG)

09:33 AM |

Good morning! Here is the tech news you need to know this Thursday. 1. Samsung unveiled its newest flagship phones, the Galaxy S8 and the Galaxy S8 Plus. It will go on sale in the UK on April 28. 2. Amazon CEO Jeff Bezos is now the second richest man in the world after overtaking Amancio Ortega and Warren Buffett, according to Bloomberg's Billionaires Index.

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.


Alibaba-backed Lazada partners with Unilever to capture Southeast Asia's online retail growth

06:23 AM | CNBC

Lazada and Unilever have signed an agreement to work together to command the regional online retail market.


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