Li Ning Company reported that in the year ended 31 December 2013, revenues amounted to 5,824 million Chinese Yuan (937 million dollars), representing a year-on-year decrease of 12.8 percent, mainly due to resizing of the retail network and sell-in related to the Channel Revival Plan as well as inventory clearance. Gross profit showed an year-on-year increase of 3.2 percent. Li Ning backed by private equity firm TPG Capital and Singapore's sovereign fund GIC, also announced appointment of Jin-Goo

urn the most classic spring trend on its head and road-test four new ways to wear floral prints this spring. Celebrate the first official weekend of spring with some color and a pattern that reminds you of the warmer days to come. As Miranda Priestly famously told us, there is nothing groundbreaking about florals for spring. That doesn’t mean that they aren’t ALWAYS a spring trend, though and doesn’t mean that we are going to stop loving them any time soon. Take inspiration from the four spring

Ted Baker, in its financial results for the fiscal year 2013 announced that its group revenues went up 26.5 percent to 321.9 million pounds (532.4 million dollars, whereas retail sales increased 24.6 percent to 259.1 million pounds (428.5 million dollars). Commenting on the financial development, Ray Kelvin CBE, Founder and Chief Executive, said, “This has been another excellent year during which we have continued to build Ted Baker as a global lifestyle brand. We have further developed our pre

The Executive Management of Hermès presented the audited accounts for 2013 to the supervisory board at its meeting on 19 March 2014, reflecting revenue of 3,755 million euros (5,194 million dollars), with an increase of 7.8 percent and 13 percent at constant exchange rates. Terre d’Hermès continued its growth however following an exceptional year in 2012, watches with over 1 percent growth were affected by the slowdown in the Chinese market. Other Hermès sectors showed remarkable progression

After the manufacturing tragedy in Bangladesh, global high street leaders are looking at alternative solutions to increase clothing production safety in developing countries as much as sourcing manufacturing closer to home. In America, Made in the USA is as much a retail issue as it is a political one. The American Apparel and Footwear Association, AAFA, has been promoting the Made in USA movement by providing more accessible resources to companies wishing to source their production closer to ho

Lane Crawford, one of the world's most luxurious department store groups, has opened an expansive flagship in Chengdu, China. The 82,000 square foot space is located in the new Chendu International Finance Square, costing nearly 50 million dollars, and will house of 300 international brands, including mens and womenswear, shoes and accessories, beauty and home & lifestyle. The latest opening brings its total to four on the mainland following the opening of a flagship in Shanghai in Octobe

Just when you think spring is finally here, the weather gods pull another fast one on us. Looks like you'll have to keep your cold-weather gear around for a bit longer, but there are chic and easy ways to mix in those spring pieces you're dying to wear. So let's take a look at what the jet-setters over in Paris and Istanbul have to show us. Yu Lee makes the most out of her winter camel coat by Ter et Bantine by layering it over a spring-y white sweater by American Vintage and an abstract pr

Online marketplace eBay has introduced its Pinterest-like shoppable inspiration feature ‘eBay Collections’ as part of its new revamped UK website. The ‘Collections’ feature, which has been available in America since late last year, allows eBay shoppers to handpick items from the marketplace and group them into collections to create “visual stories”. Similar to Pinterest, the new feature allows users to curate items they select into themes, to make it easier to watch and sell items, as well as

American denim label Levi's has collaborated with Californian-based artist Jim Phillips for a spring 2014 capsule collection. Phillips is best known for his iconic and bold Santa Cruz skateboard graphics, which he designed during the seventies and eighties for the skateboarding brand. His vivid designs have been used in a number of collaborations over the years, with brands such as Grenade Gloves, Puma, and SkullCandy. The new collection from Levi's offers casual, street inspired wear, mix

Japanese fashion retailer Uniqlo, which already operates in the UK, France and Russia, will open its latest ‘global flagship’ store in Berlin at Tauentzienstrasse 7 on April 11. The three-level, 2,700 square metre store will be Uniqlo’s largest in Europe and will house the brand’s full line of men’s, women’s and children’s clothing and accessories. The store has been designed by Tokyo-based interior design firm, Wonderwall. As well as featuring high-tech installations, including monitors, LED