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We now have image credits.

This is an article about Hats. That’s why you see so many hat photos. But don’t worry, the entity that photographed the hat in question got the credit they deserve. Photo: Getty Images

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Q3 net loss widens at Sequential Brands Group

Third quarter revenues at Sequential Brands Group, Inc. were 25.4 million dollars compared to 29.5 million dollars in the prior year quarter. On a GAAP basis, net loss was 18.4 million dollars or 28 cents per diluted share compared to 10.5 million dollars or 16 cents per diluted share. Non-GAAP net loss for the quarter was 0.9 million dollars or...

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Adidas to close Speedfactories, transfer technologies to Asian suppliers

Adidas has announced it will close its two state-of-the-art ‘Speedfactories’ and will be transferring the technologies to two of its suppliers in Asia at the end of this year. The German sportswear giant said it plans to close the high-tech factories in Ansbach, Germany, and Atlanta, USA by April 2020, in a move that it expects will result in “...

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Labfresh reaches crowdfunding goal in less than 2 hours

Amsterdam-based clothing company, Labfresh, known for treating its products with dirt-repellent, antibacterial and innovative textile technologies, has successfully crowdfunded for its stain repellent trousers in less than two hours to surpass its 13,000-pound goal. The Kickstarter campaign marked the fash-tech label’s fourth crowdfunding...

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Pandora reports like-for-like improvement in Q3

Jewellery brand Pandora has reported like-for-like improvements following its relaunch in the summer in Los Angeles, where it showcased its new company vision, “We give a voice to people’s loves – Passions, People and Places,” alongside an updated logo, monogram and signature colour. Pandora is stating that its Programme Now is on track,...

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Hugo Boss meets 2018 targets, reveals Q4 sales growth of 7 percent

On a preliminary basis, Hugo Boss Ag said that group sales grew by 7 percent in the reporting currency and 6 percent in local currencies to 783 million euros (889 million dollars) with both the company’s own retail business and the wholesale business recording positive growth. On non-audited basis, Hugo Boss achieved sales of 2,796 million euros...

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House of Fraser sales drop 60 percent in run up to Christmas

Struggling UK retailer House of Fraser has suffered a difficult Christmas trading period, with sales dropping year-on-year in the 12 weeks up to December 18, according to Kantar Worldpanel figures reported by the Telegraph. In August, Sports Direct owner Mike Ashley bought House of Fraser for 90 million pounds when the company went into...

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TFG London posts strong Christmas sales

TFG London has reported strong growth in sales through the Christmas trading period. This, the company said, represents a continuation of the positive momentum of the first 9 months of the year in which TFG London sales increased by 42 percent to 318.8 million pounds, with comparable sales growth of 3.5 percent. Over the month of December, the...

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Sir Philip Green launches ‘radical review’ of Arcadia

Retail tycoon Sir Philip Green has called in advisers from Deloitte to launch a ‘radical review’ of Arcadia, as the fashion group risks losing 100 stores when their leases come to an end in late 2020, the Telegraph reported. Arcadia, which owns Topshop and has closed more than 200 of its stores since 2016, has seen a prolonged dip in sales and...

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VF's full year outlook raised on strong Q3 performance

VF Corporation’s revenues for its third quarter ended December 29, 2018 were up 8 percent or 10 percent in constant dollars to 3.9 billion dollars. Excluding acquisitions net of divestitures, the company said, revenue increased 7 percent or 9 percent in constant dollars, driven by VF’s largest brands, international and direct-to-consumer...

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Slipper brand Mahabis saved from administration by YYX Capital

London-based slipper brand Mahabis has been saved from administration by YYX Capital, the investment group co-headed by Simba Sleep founder James Cox. The acquisition, agreed with administrators KRE Corporate Recovery, has safeguarded the jobs of all Mahabis' staff. James Cox will take over as interim CEO, and YYX Capital will lend its expertise...