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Asos shows how it's done as sales and profits soar

Asos impressed again on Wednesday as its full-year results showed surging sales and profits with the UK, EU and US all showing powerful growth. And it doesn't expect that growth to slow any time soon.

Vionnet goes into voluntary liquidation

Vionnet, the legendary French fashion house managed and owned by socialite designer Goga Ashkenazi, has gone into voluntary liquidation, effectively closing down its operations immediately.

Cavalli owner hires Rothschild to find minority partner

Private equity Clessidra has hired Rothschild to look into the option of finding a minority partner for fashion group Roberto Cavalli to help fund growth, two sources familiar with the matter said on Monday.

Burberry joins luxury sector's race to refresh products monthly

Burberry said on Monday it would start releasing limited edition products every month, joining a growing number of rivals in the luxury sector trying to turn out collections more frequently to keep clients hooked.

Apparel Textile Sourcing Miami announces 2019 show dates
Apparel Textile Sourcing Miami, the largest trade show of its kind in the southern United States and Latin America, has announced it will host its next show in Miami in May 2019.

10/18/18 | Fashion | Trade shows

Apparel Textile Sourcing Miami announces 2019 show dates
Goat names LA Lakers' Kyle Kuzma as first brand ambassador
Sneaker marketplace Goat, currently the world's largest footwear resale platform, has announced it has partnered with Los Angeles Lakers player Kyle Kuzma, who will become the company's first brand ambassador.

10/18/18 | Fashion | People | Campaigns

Goat names LA Lakers' Kyle Kuzma as first brand ambassador
Steinhoff's investors to suspend legal battle as firm recovers
Steinhoff said on Wednesday investors who are suing the crisis-hit firm had agreed to suspend litigation until next year, allowing the retailer time to focus on its recovery.

10/17/18 | Fashion | Business

Steinhoff's investors to suspend legal battle as firm recovers
Trump's patience with EU on trade not unlimited, says Ross
The United States demanded rapid results on Wednesday in transatlantic trade talks with the European Union, accusing the bloc of holding up progress, but the top EU trade official said the ball was in Washington's court.

10/17/18 | Business

Trump's patience with EU on trade not unlimited, says Ross
Amazon zooms in on central Mexico for large new warehouse
Amazon.com Inc is scouting for land in central Mexico for a fourth distribution center in the country, sources said, aiming at a bigger slice of the burgeoning e-commerce market in Latin America's second-largest economy.

10/17/18 | Fashion | Retail | Business

Amazon zooms in on central Mexico for large new warehouse
Carrefour third quarter sales accelerate with France, Brazil
Carrefour, Europe's largest retailer, said on Wednesday that sales growth accelerated in the third quarter, reflecting an improving performance in its core French and Brazilian markets.

10/17/18 | Fashion | Business

Carrefour third quarter sales accelerate with France, Brazil
Rapha to re-enter wholesale market with Wiggle
Rapha, the premium cycling clothing brand, has confirmed a partnership with online sports retailer Wiggle to boost its wholesale business.

10/17/18 | Fashion | Retail

Rapha to re-enter wholesale market with Wiggle
USA Gymnastics interim CEO quits after anti-Nike tweet
Mary Bono resigned as interim chief of USA Gymnastics on Tuesday, only four days into the job, after she drew fire for a tweet she sent criticizing Nike’s use of former NFL quarterback Colin Kaepernick in a campaign.

10/17/18 | Fashion | Media

USA Gymnastics interim CEO quits after anti-Nike tweet
Fendi Mania Fila collaboration steals the show at Galeries Lafayette in Paris
Fendi has combined its logo with Fila’s for a cult capsule collection with a street vibe now available in several leading stores worldwide, including Galeries Lafayette in Paris.

10/17/18 | Luxury | Retail

Fendi Mania Fila collaboration steals the show at Galeries Lafayette in Paris
Rapha opens tech-focused office in Spain
The British brand has opened first office in Spain in Gijon for its tech opportunities and will begin a recruitment process to fill new job positions.

10/17/18 | Fashion | Industry

Rapha opens tech-focused office in Spain