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Skechers post record quarterly sales for 18% surge in 2022 revenues

Skechers post record quarterly sales for 18% surge in 2022 revenues

Skechers U.S.A. Inc. announced on Thursday record quarterly sales of $1.88 billion for the fourth quarter, capping off a year of strong growth for the footwear brand, with annual sales up 18%. 
Fashion
PrettyLittleThing to open London showroom in heart of garment district

PrettyLittleThing to open London showroom in heart of garment district

Fashion retailer PrettyLittleThing has signed a deal to open new London West End offices and showrooms. The Boohoo Group-owned brand is to take 4,375 sq ft space on Great Portland Street.
Fashion
Cristina Betts bullish for Iguatemi, explains the Brazilian giant’s future M&A roadmap

Cristina Betts bullish for Iguatemi, explains the Brazilian giant’s future M&A roadmap

This past week in Paris, Brazil’s most important luxury retailer Iguatemi feted its rebound from the pandemic, as its CEO Cristina Betts explained its M&A plans and predicted double continued digit growth in 2023.
Fashion
GFG unveils leadership changes as Schmidt steps down

GFG unveils leadership changes as Schmidt steps down

Global Fashion Group has announced a co-CEO and leadership transition with Christoph Barchewitz to become sole CEO as Patrick Schmidt steps down as co-CEO after 10 years with the business and five years of co-leadership.
Fashion
Karl Lagerfeld celebrates 100 years of Disney

Karl Lagerfeld celebrates 100 years of Disney

The Karl Lagerfeld brand is celebrating Disney's 100-year anniversary with a capsule collection featuring the eponymous late designer's infamous sketch of Donald Duck.
Fashion
Superdry denies reports founder wants to take it private

Superdry denies reports founder wants to take it private

​There have been persistent rumours that founder and CEO Julian Dunkerton is planning to take Superdry private, but on Thursday he poured cold water on the speculation.
Fashion
Adidas unveils new label, just a day after Jenna Ortega is named its ambassador

Adidas unveils new label, just a day after Jenna Ortega is named its ambassador

That was quick. One day after naming Jenna Ortega as the face of a soon-to-launch new brand, Adidas has unveiled the label. And it’s significant that it’s more athleisure than active sports
Fashion
Prada tops Lyst Index for first time, Saint Laurent bag is top product

Prada tops Lyst Index for first time, Saint Laurent bag is top product

Prada hit something of a low just a few years ago due to the pandemic. But its impressive recovery was underlined on Thursday as the latest instalment of the Lyst Index showed it as the hottest brand in the world.
Fashion
New Era ties up with Formula E for headwear deal

New Era ties up with Formula E for headwear deal

Formula E and New Era announced on Thursday a multi-year global licensing deal for a range of fan headwear products with New Era supplying the official podium cap for the motorsport.
Fashion
Care & repair arrives at Net-A-Porter, Mr Porter and The Outnet in The Seam deal

Care & repair arrives at Net-A-Porter, Mr Porter and The Outnet in The Seam deal

​In another sign that repair is one of the key trends for 2023, YNAP said its in-season and off-price e-tailers Net-A-Porter, Mr Porter and The Outnet are launching their first dedicated customer care & repair offers.
Fashion
Next's Silverburn refit to add Victoria's Secret, Bath & Body Works

Next's Silverburn refit to add Victoria's Secret, Bath & Body Works

Silverburn is in for a busy 2023. Glasgow’s newest shopping centre has agreed new leases, upgrades and upscaling for existing tenancies -- including Next, Victoria’s Secret, Sunglasses Hut, Hobbs and The Body Shop. 
Fashion
New Adidas ambassador Jenna Ortega will front its new label

New Adidas ambassador Jenna Ortega will front its new label

​Jenna Ortega’s is not only the newest brand ambassador for Adidas but she's been signed up to front a soon-to-be-revealed new label for the sports giant.
Fashion
Shop price inflation rises again but fashion is down due to clearance sales

Shop price inflation rises again but fashion is down due to clearance sales

​Shop price inflation continues to rise, despite hopes that it would begin to ease soon. The latest BRC-NielsenIQ Shop price Index for January showed it acerbating to 8% from 7.3% in December.
Fashion
Brand Machine Group buys London tailor Peckham Rye

Brand Machine Group buys London tailor Peckham Rye

BMG has illustrated the importance of its developing menswear ops with news that it has acquired the Peckham Rye label. And it willl make the most of its "strong sense of old-school south London cockiness".
Fashion
SMCP takes innovative approach to retailer training with 'Retail Lab'

SMCP takes innovative approach to retailer training with 'Retail Lab'

Retailer SMCP has launched an interesting idea to train fashion fans to be fashion retailers. It has welcomed the first class of its SMCP Retail Lab academy, linking with EMA SUP Paris and Institut Français de la Mode.
Fashion
Australian fashion week to take place May 15

Australian fashion week to take place May 15

IMG announced on Tuesday its lineup of designer runway shows and programming for Afterpay Australian Fashion Week (AAFW): The Experience, taking place from May 15 – 19 at Sydney's Carriageworks. 
Fashion