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Birkenstock opens first store in Bengaluru, largest in Asia to date

Birkenstock opens first store in Bengaluru, largest in Asia to date

German footwear and lifestyle brand Birkenstock has opened its first mono-brand retail outlet in Bengaluru, in the Indian metro’s Indiranagar district. 
Fashion
Clarks CEO and other execs are out, ex-Guess chief steps up for now

Clarks CEO and other execs are out, ex-Guess chief steps up for now

​Clarks’ CEO Giorgio Presca has exited the historic shoe firm. The move comes only a few months after it brought a new majority owner on board as the founding family relinquished control for the first time in centuries. 
Fashion
Festival Place to see H&M's first UK store with new look and feel for the brand

Festival Place to see H&M's first UK store with new look and feel for the brand

​H&M will open its first new-look store in the UK at Basingstoke’s Festival Place in early summer, with the mall saying the giant shop will “offer a very different interior look and feel to other H&M stores.
Fashion
Shoe Zone finance chief makes quick exit

Shoe Zone finance chief makes quick exit

​Value-focused footwear retailer Shoe Zone on Monday announced the unexpected departure of its finance chief.
Fashion
John Lewis could close more stores - report

John Lewis could close more stores - report

A report at the weekend suggested that John Lewis is looking at the closure of up to another eight of its remaining 42 departments stores following the closure of eight stores last year.
Fashion
ASOS doubles Topshop/Topman offer, launches international campaign

ASOS doubles Topshop/Topman offer, launches international campaign

​ASOS launches a new campaign for the UK, US and Germany from Monday to mark a wider range of Topshop/Topman products available on site following its purchase of the two brands after the Arcadia failure.
Fashion
S.African retail group Truworths bets on new growth initiatives as profit falls

S.African retail group Truworths bets on new growth initiatives as profit falls

South Africa’s Truworths is betting on the launch of new clothing brands as well as entry into the budget-clothing market to support its medium-term growth after reporting a 7% decline in half-year profit on Thursday.
Fashion
Tod’s unveils Tod's Legacy, its debut Central Saint Martins linkup

Tod’s unveils Tod's Legacy, its debut Central Saint Martins linkup

Tod’s has unveiled the debut project of Tod’s Academy, a novel link-up with students at Central Saint Martins partnered with major name mentors, and available on a new high-tech online platform.
Fashion
Zalando extends Zircle pre-owned store to new countries

Zalando extends Zircle pre-owned store to new countries

​As pre-owned becomes a key growth category for fashion, Zalando is rolling out the Zircle pre-owned brand to more countries with a debut in Sweden and Denmark.
Fashion
Shuttered fashion stores feel January pain, but online reaches highest ever sales

Shuttered fashion stores feel January pain, but online reaches highest ever sales

​The UK’s retail sales fall was worse than expected last month, official figures showed on Friday. And the Office for National Statistics called out clothing stores as the key sector that saw “strong declines”.
Fashion
VF Corp allocates 493 million euros to sustainability initiatives

VF Corp allocates 493 million euros to sustainability initiatives

The Denver, Colorado-based owner of brands including Vans, The North Face and Timberland, has announced that it has allocated all of the net proceeds from its inaugural green bond to 13 of its sustainability projects.
Fashion
Foot Locker to invest $275 million in 2021, with focus on digital

Foot Locker to invest $275 million in 2021, with focus on digital

The American footwear and athletic apparel retailer announced its capital allocation program for 2021 on Wednesday, revealing plans to invest $275 million over the course of the year, with an emphasis on digital growth.
Fashion
McArthurGlen Designer Outlet West Midlands signs major name brands

McArthurGlen Designer Outlet West Midlands signs major name brands

​McArthurGlen Designer Outlet West Midlands has announced some major new names with Coach, Kate Spade, Hugo Boss, Levi’s and Lacoste having signed up for the opening this spring.
Fashion
Fast Retailing becomes world's most valuable fashion firm

Fast Retailing becomes world's most valuable fashion firm

​Uniqlo owner Fast Retailing has hit a milestone in its global ambitions with its value as defined by its share price reaching ¥10.87trn (€85bn) this week, more than any other company in the global clothing sector.
Fashion
U.S. apparel sales fall by 19% in 2020: NPD

U.S. apparel sales fall by 19% in 2020: NPD

Apparel sales in the United States declined by 19 per cent in 2020, according to a survey by The NPD Group. 
Fashion
Apex Global Brands to be acquired by Galaxy Universal

Apex Global Brands to be acquired by Galaxy Universal

The Californian brand management company, whose portfolio includes Cherokee, Hi-Tec, and Interceptor, announced on Tuesday that it has entered into an agreement to be acquired by Galaxy Universal LLC.
Fashion