Shock, Horror. Outrage. Apple’s Q1 iPhone sales grew at their slowest rate since the product’s 2007 launch and are even expected to fall later this year. Does this mean the end of the world as we know it? Well, some of the headlines following Apple’s Q1 results announcement Tuesday would suggest it does. But let’s…
Sighs of relief all round on Tuesday at Coach Inc as it gears up for its 75th anniversary year. The American handbag maker finally managed to push its revenue upwards in Q2. It was the first time in 10 quarters (yes two-and-a-half-years) that it had achieved this feat and its shares soared as a result.
Do you think of Marie Antoinette when you hear Tamara Mellon’s name? No? Well, a trio of multimillionaires who’ve failed in their court bid to block her plans to restructure her company and bring it out of bankruptcy protection obviously do. “I’m not Marie Antoinette,” she said after winning the US court case and getting…
Who’s the biggest celebrity in the world? No, let me ask that again… who’s the most marketable celebrity in the world? Move over Gigi, Kendall, Gisele, Kim, Jennifer, Justin, Harry and all those other celebs I can’t bring myself to list. Step forward Rihanna.
Late last year Mango said it would move to a new, even-faster-fashion business model and it has just unveiled the first push in this programme – with Kendall Jenner in a starring role. The company has just unveiled Tribal Spirit, the first of four trends to be showcased in ad campaigns for SS16. It will launch…
Thank goodness for ponchos and scarves. That must be what Burberry CEO, creative chief and general all-round Big Boss Christopher Bailey must be thinking. They rescued what could have been a tricky Q3 for the luxury trailblazer.
Beware the Ides of March! Or in this case, the Ides of December. You know, there used to be a comedy show in the UK called Up Pompeii, in which a soothsayer (played funnily enough by an ex-Doctor Who) would wander on in every episode and cackle “beware the Ides of March!” I only mention…
I’ve been a journalist for… well, more years than I care to own up to. And I’ve been a specifically online fashion-meets-retail journalist since 1999. At that point I seem to remember reporting on M&S and Gap turning in record profits, riding high, expanding fast, could-do-no-wrong etc. Not long after though it all seemed to…
It wasn’t only UK retailers that had a tough Christmas. In the US, retail giant Macy’s has announced almost 5,000 job cuts and almost 40 store closures so it can make savings of around $400m after the holiday season was, well… miserable.
Fitbit’s a market leader in wearable tech via its fitness tracking bands so its entry into the growing smartwatch sector should mean good news, right? Wrong! The company’s shares actually fell as much as a massive 18% yesterday after the company announced its first full-colour smartwatch. So what was that all about? Investors obviously panicked…
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