According to a new report from Comprar Acciones, the value of the global activewear market should reach $353.5 billion in 2020, as the segment remains somewhat resistant to the economic impact of the Covid-19 pandemic.
H&M Group has soft-launched an interesting new venture with Singular Society, a first-of-its-kind members brand that gives those who sign up “access to uncompromised life essentials at the price they cost to make”.
The Arcadia administrators have reportedly put a price of around £200 million on its star chain Topshop, with attempts to get a deal signed pre-Christmas. That could mean initial bids being filed within the next week.
Fashion retailer French Connection on Friday announced a new funding package to specifically help its US business. And it also said that trading is tough as lockdowns have dented sales, but e-tail is stronger.
The womenswear retailer revealed on Thursday that it is examining strategic alternatives, including a possible sale or bankruptcy, as the Covid-19 pandemic continues to take its toll on the company’s sales.
The Vancouver-based athleticwear brand announced net revenue of $1.1 billion for the third quarter on Thursday, up 22% compared to the same period in the previous year, as the company’s DTC sales saw strong growth.
We caught up with Jil Sander - the greatest living designer in Mitteleuropa - to learn more about her +J, her latest collab with Uniqlo; her view of today’s fashion and of her successors at the house of Jil Sander.
Frasers Group saw lower sales in its first half, as would be expected given that most of its stores were closed for part of the period. But the fall was relatively small and the company’s profits rose.
The Columbus, Ohio-based footwear and accessories group reported a 30.1% decline in sales on Wednesday, as it attempts to adapt to the effects of the Covid-19 pandemic by shifting focus to athletic products.