UK clothing and homeware retailer Next Plc is to manage the Gap brand business for US specialty clothing retailer Gap Inc in the UK and Ireland as a franchise partner.
Gap Inc has acquired Drapr, an e-commerce start-up and online application based on technology that enables consumers to create 3D avatars and virtually try on clothing – and posted its highest second-quarter sales in over...
American Eagle Outfitters says its new acquisition AirTerra will be run independently, supporting the company's supply chain, while also providing services to other retailers.
Sainsbury’s is reportedly the next of the UK’s Big Four on the takeover radar of US private equity firms, news that sent the supermarket’s shares spinning to a seven-year high.
The takeover battle for UK supermarket group Morrisons continues to heat up with the Nutmeg clothing-owner accepting a new and improved GBP7bn (US$9.7bn) bid from US private equity group Clayton, Dubilier & Rice (CD&R).
Outdoor apparel brand The North Face and sustainable textile material company Spinnova are working together to develop sustainable and high-performance outdoor apparel.
Internet of things deals, jobs and patents have been booming in the last few years. But is the apparel sector keeping up?