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Dean Blake

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Global footwear brands lobby Trump

Adidas, Nike, Under Armour and others call for end to trade war.

Alibaba ‘on the right side of trade war’ says Tsai

Alibaba executive chairman Joe Tsai confident his company is on the right side of the trade war between the US and China.

Cloud services fuel 118 per cent surge in Amazon profit

Amazon profit surged 118 per cent during the first quarter of this year, from US$1.6 billion to $3.56 billion.

JD Sports to acquire Footasylum for US$120 million

After acquiring an 18.7 per cent interest in the business, JD Sports has made a move to acquire footwear retailer Footasylum, offering $1.54 per share.

Hugo Boss reports strong sales in Asia-Pacific

Hugo Boss expects operating income to remain flat at approximately $783.2 million (€491 million) – the same figure seen in 2017.

J Crew chairman steps back

J.Crew chairman and former-chief executive Millard “Mickey” Drexler has stepped down from his position to focus on other interests.

Tiffany reports weaker sales

Tiffany reports a 1 per cent drop in worldwide net sales and 2 per cent drop in comparable sales for the two months to December 31.

Capri to increase focus on Asia

With the completion of its acquisition of Versace, global fashion group Michael Kors Holding has successfully transitioned.

Sears acquisition offers running out of time

Sears chairman Eddie Lampert’s last minute plans to save the bankrupt retail chain are set to be terminated on Friday afternoon.

Sears hit with US$443 million in charges

Bankrupt U.S. retailer Sears has been hit with a charge of approximately US$443 million due to store closures.

Amazon expanding cashier-less stores to airports

Online retailer looking to expand into US international airports.

Ted Baker founder takes leave of absence

Internal committee have been made aware of “further serious allegations.”

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