Ralph Lauren plans to sell its Club Monaco label to Beverly Hills, Calif.-based private equity firm Regent. The arrangement is anticipated to close by June’s conclusion...
The surging secondhand clothing resale business got a double dose of optimism from two separate reCommerce platforms on Wednesday (May 12), as both Poshmark and...
Canada Goose, a performance luxury apparel maker, reported that total revenue surged by roughly 48 percent from $140.9 million in Q4 fiscal 2020, reaching $208.8...
The RealReal, which operates the world’s largest online marketplace for secondhand luxury goods, said it will add additional “neighborhood stores” in affluent communities as it...
L Brands’ board of directors has unanimously given the go-ahead to a plan to split the firm into two public and independent companies: Victoria’s Secret...
HanesBrands Inc. posted $1.51 billion in net sales from continuing operations for the first quarter concluding April 3, 2021, marking a 25 percent jump from...
Apparel stores are seeing more demand now as people start to go out more often, The Wall Street Journal reported on Sunday (May 2). The...
Trendy shoe brand Allbirds is reportedly talking with banks with an eye toward an initial public offering (IPO). The New York Times column DealBook said...