Style Group Brands is urgently seeking backers as its risks an administration filing. The company, formed from the merger of Jacques Vert and Irisa, owns classic womenswear brands including Dash, Eastex and Precis.
April was a confusing month for anyone tracking online sales with the latest IMRG Capgemini showing a difficult few weeks for the clothing sector, although health & beauty grew while home & garden leapfrogged ahead.
In 2016 US retailers missed $9.24 million in revenue by miscalculating the optimal percentile in which to discount items, according to a discount analysis of luxury, premium and mass market US apparel.
The 10-piece capsule collection consists of men's and women's apparel and accessories, including t-shirts, sweatshirts, jeans, a backpack and a handbag. Off-White opened its second Hong Kong store in April.
The Australian online surf and apparel retailer reissued its full-year profit guidance on Monday, warning that losses would double to between A$10.5 million and A$11.5 million in the 12 months ending June.