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UK retailer Next lifts outlook on strong clothing demand

UK retailer Next lifts outlook on strong clothing demand

​Retailer Next, a mainstay of Britain's shopping streets, defied the economic gloom on Thursday to lift its full-year sales and profit forecasts after warm weather in June and July spurred better-than-expected trade.
Fashion
Eurozone retail sales drop more than expected in June as prices rise

Eurozone retail sales drop more than expected in June as prices rise

Euro zone retail sales plunged more than expected in June as prices at factory gates continued to rise, data showed Wednesday, signalling a weakness in consumer demand that could herald a recession in H2.
Fashion
Showroomprivé sales drop significantly in the first half of the year, but posts slight profit

Showroomprivé sales drop significantly in the first half of the year, but posts slight profit

Sales of the e-commerce clearance site Showroomprivé fell by more than 21% in the first half of 2022 to €305.4 million.
Fashion
Jack Ma may have plans to give up control of Ant Group

Jack Ma may have plans to give up control of Ant Group

Chinese billionaire Jack Ma plans to give up control of financial technology company Ant Group Co in an effort to move away from affiliate Alibaba Group Holding Ltd, the Wall Street Journal reported on Thursday.
Fashion
Gilly Hicks to make Ireland debut in Belfast with third European standalone

Gilly Hicks to make Ireland debut in Belfast with third European standalone

​Abercrombie & Fitch Co’s Gilly Hicks label is to set foot in Ireland for the first time with news that it has signed up for a store in Belfast’s Victoria Square.
Fashion
Frasers buys I Saw It First shortly after Missguided swoop

Frasers buys I Saw It First shortly after Missguided swoop

​So the rumours were true. Acquisition-hungry Frasers Group confirmed on Thursday that it has acquired online fashion retailer I Saw It First.
Fashion
Resale market: Vinted set to buy German site Rebelle

Resale market: Vinted set to buy German site Rebelle

On Monday July 25, the Lithuanian specialist in private fashion resale launched a public offering for the shares of its German competitor Rebelle, in which Vinted is already assured of a 64.70% stake.
Fashion
The Lycra Company partners with Browzwear

The Lycra Company partners with Browzwear

Sustainable fiber and technology solutions firm the Lycra Company announced on Tuesday a partnership with Browzwear, the industry's leading 3D software for apparel design and development. 
Fashion
Delta Galil acquires sustainable clothing brand Organic Basics

Delta Galil acquires sustainable clothing brand Organic Basics

Global manufacturer and marketer Delta Galil Industries, Ltd. announced on Tuesday the acquisition of Organic Basics. 
Fashion
Sézane to open in San Francisco in September

Sézane to open in San Francisco in September

Two years after a first pop-up in San Francisco, the brand founded by Morgane Sézalory will open a new shop in September, planned for a duration of four months.
Fashion
Chufy’s Sofia Sanchez de Betak launches collab with Rossy de Palma

Chufy’s Sofia Sanchez de Betak launches collab with Rossy de Palma

Sofia Sanchez de Betak is the It-Gal of the It Gals in Paris. Mum, graphic artist, influencer, entrepreneur and fashion designer, Sanchez de Betak debuts her latest collab for her brand Chufy this weekend.
Fashion
A.K.A. Brands reports second-quarter sales miss

A.K.A. Brands reports second-quarter sales miss

A.K.A Brands announced on Thursday preliminary financial results for the second quarter, highlighting a net sales increase of 6% to $158.5 million for the three months ending June 30. 
Fashion
Nordstrom names two new executive leaders

Nordstrom names two new executive leaders

Nordstrom has appointed Deniz Anders as senior vice president and chief marketing officer, and Nina Barjesteh, as president, Nordstrom product group. 
Fashion
Why Tom of Finland is a fashion phenomenon

Why Tom of Finland is a fashion phenomenon

Since 2014, more than 30 brands have linked themselves with the brand's homoerotic imagery. Fashion Network sat down with Joakim Andreasson, Tom of Finland's license director, to discuss them.
Fashion
Launchmetrics launches visual content platform and invests in AI

Launchmetrics launches visual content platform and invests in AI

The data analytics specialist has presented a new visual content platform and creative bank tool, while leveraging artificial intelligence to define the best strategies and investments.
Fashion
Live Shopping: Shopify turns to Youtube Shopping

Live Shopping: Shopify turns to Youtube Shopping

Shopify Inc on Tuesday announced a partnership with YouTube to allow merchants to sell through the video platform, as it looks to tap into the growing number of content creators launching their own e-commerce stores.
Fashion