A month after Brooks Sports filed a lawsuit against the American fashion retailer, alleging breach of contract, unfair competition and trademark infringement, Brooks Brothers has hit back with a court filing of its own.
The women’s fashion retailer managed a significant cut in its losses in Q4, as its Soma lingerie brand continued to lead sales growth and the company made further progress with its strategic initiatives.
The Nelsonville, Ohio-based footwear company reported a 41% increase in income for the fourth quarter on Wednesday, ending the financial year on a high note as strong retail sales drove revenue growth.
Confirming reports that circulated at the end of last year, New York-based Centric Brands announced on Friday that it has purchased the Zac Posen brand and all related intellectual property for an undisclosed sum.
The sports and footwear company has filed a lawsuit against the classic American tailored apparel maker in federal court, complaining of alleged breach of contract, unfair competition and trademark infringement.
Looks like the test drive of the Store of the Future fitting room that Farfetch helped dream up for Chanel is proving comfortable, since the house now plans to open three new examples in the first half of the year.