7 Nov

Retail Industry News

American retail company Kroger has initiated a strategic move to counter the rising competition from rivals such as Amazon and Walmart. The retailer has announced to launch its own clothing label named “Our Brands” for both children and adults which will hit the market by fall 2018. The debut collection will be available for sale at 300 of the retailer’s Fred Meyer department stores and Marketplace superstore locations. Further details of the clothing line are yet to be revealed. According to Kr

6 Nov

Fashion Industry News

PVH-owned fashion brand Tommy Hilfiger is relaunching its denim products under the new name ‘Tommy Jeans’. The logo of the new brand ‘Tommy Jeans’ is inspired by ’90s American denim classics with a modern twist and will continue to feature the iconic ‘stretch flag’. The fashion retailer observed a huge demand for its products amongst the youth. This propelled the company to ‘rebrand’ its label and bring the heritage aspect back to the market. The denim range under the new name will hit the marke

4 Nov

Fashion Retail News

Ralph Corporation has released financial results for the second quarter (ended October 1) of the current fiscal and posted a 9 percent decline in its second-quarter revenue to US $ 1.7 billion on a reported basis. As per the company’s press statement, the drop in revenue is the result of lower consumer demand, increased quality of sales, reduced promotional activities, etc. After a not so encouraging second quarter, Ralph expects that its operating margin for the third quarter will

6 Oct

Entrepreneurs Talk Online

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