Fashion

Hudson’s Bay considers the past quarter an improvement, even though turnover is still dropping. "We're a much stronger and more capable company than a year ago," the department store group believes. Nevertheless, HBC is still planning to close a number of stores to boost profits.

Roberto Cavalli is about to close all of its stores in the United States. The Italian fashion brand is circling the drain and has decided to dispose of its American activities in an effort to stay afloat.

Decathlon has just opened its first store in Japan. The sports chain has been preparing this for years because there is much at stake.

Famous department store chain Galeries Lafayette has just opened a new outlet on the Champs-Elysées in Paris.

PETA has bought its way into two major clothing companies: Boohoo and Levi's. The animal rights organisation intends to pressure management and put animal welfare on the agenda.

Essentiel Antwerp is continuing its international expansion. The Belgian fashion label has had a strong year and recently opened its first store in London.

American jeans manufacturer Levi Strauss has made a comeback on Wall Street after 34 years. And it has done so with success: the initial price of 17 dollars was already higher than what the merchant banks were aiming for, and it immediately made a sharp increase of more than 30%.