American Apparel is in talks for potential bankruptcy just when it seemed like things couldn’t get worse. 17% decline in revenue from $19.4 million in their second quarter to $16.2 million a year ago means they have burned about $23 million in Q2 alone. There are also some 20 lawsuits surrounding the firing of former […]
Category: Accessories
Can It Get Any Worse for American Apparel? 20 Lawsuits, Impending Debt, Talks of Bankruptcy Loom
VF Reports 2nd Quarter Financials, Vans Up 23%
It’s been another good quarter for VF Corporation, owners of The North Face, Vans, Timberland, and Wrangler, among others, with their second quarter revenues up 5%, lead by Vans which is up 23%. “Our second quarter was another strong illustration of the ability of our global, diverse and powerful brands and platforms to deliver consistent, […]
Katy Perry to Be the Featured Holiday Girl for H&M, Replacing Lady Gaga and Tony Bennett
Fast-fashion retailer H&M is coming off another strong quarter with sales including increased by 14% in in June 2015 compared to the same month the previous year. They’ve also just announced that their new Holiday campaign will feature Katy Perry. Katy, who got a significant boost after being on the Vans Warped Tour years ago, […]
Rhianna Brought On Board Stance as Contributing Creative Director for the Growing Sock Brand
Rhianna has been brought on board the booming sock company Stance in a 3-year deal as a contributing creative director. Yesterday, the company launched two of Rhianna’s designs on their site, with the full Rhianna/Stance collection coming out this Fall which will include 18 styles including a thigh-high style—a first for Stance and probably a […]
Bread & Butter Made It Official, They Are Over After 14 Years
It’s been a wild year for Bread & Butter, the once leading-edge fashion and denim trade show in Berlin. On June 8, 2015, Zalando the Berlin-based online platform for fashion bought Bread & Butter and the intention seemed that it would continue the tradition of the show. With the help of Zalando, insolvency proceedings would […]
Bright Streetwear and Action Sports Trade Show Gets Bought by Premium
On the last day of Berlin Fashion Week, July 10, 2015, as the trade shows wrap-up across the city, and Agenda wraps-up in Long Beach, CA, Bright, known for its streetwear and action sports-inspired brands, announced that The Premium Group, which runs Premium and Seek, has bought them for an undisclosed amount. Bright founders Marco […]
Uniqlo Reports Huge Profits Up 52% Based on Great Sales of HEATTECH and Ultra Light Down and Hoodies
Uniqlo, the brand that claims it will one day be bigger than The Gap, continues its roll of becoming a dominate fast-fashion retailer especially with its strong sales of its HEATTECH and AIRism collections featuring Ultra Light Down, first layer pieces and hoodies that have sun-protection technology. This week they reported their latest financials with […]
Agenda Trade Show Launches; Agenda and The Berrics Partner to Expand the Agenda Emerge Concept into Online Media Platform
Agenda trade show kicks-off today July 9, 2015, in Long Beach, CA, bringing together the leaders in the industries of streetwear apparel, footwear, action sports inspired fashion, urbanwear, skate, and accessories. This is the show that starts the next round of fashion trade shows coming through, and is one of the most popular shows for […]
H&M Rocks It Again with Group Sales Up 23%, Profit Up 18%, 8 New Online Markets, and Launch of H&M Beauty in July
H&M’s latest sales report has come out for the first half of the year, with amazing results. According to Karl-Johan Persson, CEO, “The strong sales development has continued for all our brands with a sales increase in SEK of 23 percent excluding VAT during the first half-year. Including VAT, this means that sales in the […]