One striking new brand unveiled this weekend in London is Banshee of Savile Row, a bespoke women’s tailoring house that prides itself on using truly top-shelf fabrics with panache.
Major digital fashion wholesale platform JOOR has announced that it has raised $46 million in Series D funding and will use the new cash to accelerate its growth and focus even more on innovation.
Fashion retailer Psyche is to close its Middlesborough flagship store in August and will be rebranded as the high-end Flannels chain, owned by the Fraser Group, reopening in September.
The Very Group is set to take advantage of the UK government’s Kickstart scheme to create 30 news roles for young people within its online-based fashion operations.
London-based sportswear retailer WIT Fitness and CrossFit have signed a multi-year global e-commerce and retail partnership that will also see WIT act as official global sponsor for the training specialist.
H&M Group’s net sales rose as much as 75% in local currencies during Q2 (the March to May period), although given the strengthening Swedish Krona, its revenues translated into ‘only’ a 62% rise on a total basis.
Boohoo’s trading update on Tuesday showed that the pureplay e-tailer continued to prosper in Q1, even after UK physical stores reopened in April, although there were challenges in some markets and margins were squeezed.
The online men’s fashion destination has released the second installment of its “Hosted by” initiative, teaming up with iconic American luxury brand Tom Ford for an exclusive collection inspired by 1970s Los Angeles.
The health crisis had a strong negative impact on the results of the Italian brand, which posted a net loss of 127 million euros in 2020, compared to earnings of 33 million euros in the previous year.
Telfar, the Brooklyn-based fashion label founded by designer Telfar Clemens, and Decker Brands-owned footwear and lifestyle brand, Ugg, launched on Monday their long anticipated collaborative collection.
Despite their various commitments and promises to making fashion a more circular and responsible industry, some fast fashion giants still make a majority of their clothes with environmentally harmful plastics.
Allbirds is turning to regenerative agriculture, considering that this system can maintain biodiversity and restore soil health while reducing the fashion sector's environmental impact.
Dr Martens owner AirWair International is taking legal action against Shein over alleged trademark infringements. And other brands have also complained of direct copies being sold on the site.
Florence-based trade show Pitti Uomo will be one of the first to relaunch its physical show, from June 30 to July 2, albeit in a reduced format and with safety measures. It expects up to 8,000 buyers and over 300 brands.
Footfall across all UK retail destinations couldn’t maintain some impressive gains made at the start of the month, falling 6.7% week-on-week in the seven days spanning 6-12 June, latest Springboard data shows.
