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True Religion names new EVP, North America wholesale sales

True Religion names new EVP, North America wholesale sales

Iconic American denim and sportswear brand True Religion announced this week the appointment of Jim Kushner as executive vice president, North America wholesale sales. 
Fashion
Daniel Wellington unveils handbag line amid major strategic shift

Daniel Wellington unveils handbag line amid major strategic shift

Amid the splendor of the Ritz in Paris, Daniel Wellington unveiled its debut handbag line, the latest new development amid a major strategic shift for the Swedish watchmaker.
Fashion
Happy Armani buoyant in 2022, says China bounces back in Q1 2023

Happy Armani buoyant in 2022, says China bounces back in Q1 2023

​Armani Group’s 2022 results have shown ongoing progress at one of the world’s best-known luxury names as net revenues jumped 16.5% to €2.35 billion and profit rose even faster.
Fashion
Uniqlo denies Russia exit plan, says no change to current suspension

Uniqlo denies Russia exit plan, says no change to current suspension

​Recent press reports that Japanese retail giant Fast Retailing is pulling its Uniqlo chain out of Russia entirely and selling up may have been wide of the mark.
Fashion
Kaporal is the subject of five takeover bids, which will be examined on June 22

Kaporal is the subject of five takeover bids, which will be examined on June 22

In receivership, the fashion chain is attracting interest from five potential buyers, including current Kaporal managers, the brand's founder Laurent Emsellem and Le Temps des Cerises.
Fashion
Outdoor clothing brand Passenger gets new investment

Outdoor clothing brand Passenger gets new investment

​Passenger, a UK-based outdoor clothing brand, is gearing up for faster expansion following an investment round that saw £15 million being pumped into the business.
Fashion
M&S sales continue to rise as fashion stays strong

M&S sales continue to rise as fashion stays strong

M&S’s annual results offered more evidence of the strength of its turnaround with the retail giant reporting higher sales and headline profits, although operating profits were hit by tough comparisons and higher costs. 
Fashion
Charles Jeffrey Loverboy launches pre-spring collection for first time

Charles Jeffrey Loverboy launches pre-spring collection for first time

​Following the recent decision for Charles Jeffrey Loverboy to move from two collections a year to four, the label has launched its first-ever pre-spring offer for 2024.
Fashion
Ludovic de Saint Sernin leaves Ann Demeulemeester

Ludovic de Saint Sernin leaves Ann Demeulemeester

Barely six months after Ludovic de Saint Sernin was appointed creative director of Ann Demeulemeester the house has announced the departure of the designer. No successor has been named.
Fashion
Giorgio Armani to stage One Night Only in Venice

Giorgio Armani to stage One Night Only in Venice

Giorgio Armani will stage his latest One Night Only fashion and soirée event in September in Venice amidst the celebrations for the lagoon city’s annual film festival, its 80th edition.
Fashion
Loss-making Boohoo smiles through the pain, predicts better year ahead

Loss-making Boohoo smiles through the pain, predicts better year ahead

It was no surprise that Boohoo swung to a statutory loss in its latest full year as sales fell and costs rose, although the company remains upbeat for the medium term and its ability to get back to profitable growth.
Fashion
Adeju Thompson of Lagos Space Programme wins Woolmark Prize 2023

Adeju Thompson of Lagos Space Programme wins Woolmark Prize 2023

Adeju Thompson, founder of Nigeria-based Lagos Space Programme, has won the International Woolmark Prize for 2023, nabbing first place in the oldest and most esteemed fashion award.
Fashion
Zara takes on former Topshop store in Leeds

Zara takes on former Topshop store in Leeds

​Zara has been opening a series of flagship stores in the UK and the latest will be at Trinity Leeds where it’s taking over the former home of Topshop.
Fashion
London Designer Outlet sees "strongest ever April"

London Designer Outlet sees "strongest ever April"

​London Designer Outlet’s performance continues to highlight the strength of outlets overall, with it saying this week that it saw its “strongest ever April”. Sales rose 16% year on year and 17% since April 2019.
Fashion
A.K.A. Brands swings to loss, sales down by double-digits on low orders

A.K.A. Brands swings to loss, sales down by double-digits on low orders

A.K.A. Brands announced on Thursday first-quarter net sales decreased 18.8% to $120.5 million, driven by a decline in the number of orders and average order value during the quarter. 
Fashion
ASOS loss widens, but it highlights foundations laid for profitability return

ASOS loss widens, but it highlights foundations laid for profitability return

​ASOS took an upbeat stance in announcing its half-year results Wednesday, talking of how it's creating strong foundations for a return to profitability. But there’s no denying that the H1 figures didn't look good.
Fashion