Fashion
The latest news
Amazon’s revenue grows 9% in 2022
In fiscal 2022, US group Amazon generated a revenue of $514 billion, equivalent to a 9% increase, although the group’s operating income slumped.
Fashion
Podcast: Laure Betsch of Fairly Made unpacks sustainable fashion challenges
Laure Betsch, co-founder of French start-up Fairly Made, which helps fashion labels achieve greater sustainability, is Olivier Guyot’s guest in the new episode of the LuxurynsightXFashionNetwork podcast series.
Fashion
Paco Rabanne, the Space Age designer, dies aged 88
Paco Rabanne, the Spanish-born creator known as the Space Age designer, has died in Portsall, on the western tip of Brittany in France. He was 88.
Fashion
Bollman buys majority share of Kangol from Frasers Group
Kangol has a new — but familiar — owner. Bollman Hat Company has entered into an agreement to acquire 51% of the UK heritage/streetwear hat brand from Frasers Group for an undisclosed sum.
Fashion
ASOS joins GoodWeave International with India focus
Fashion e-tail giant ASOS has joined non-profit organisation GoodWeave International, supporting its work to end child, forced and bonded labour in global supply chains.
Fashion
Owner of Yours Clothing, Long Tall Sally buys failed M&Co
Eight weeks after M&Co went into administration, it has been bought by AK Retail, which also owns Yours Clothing, BadRhino, Long Tall Sally, Bump It Up Maternity and PixieGirl. The purchase price wasn’t disclosed.
Fashion
Freemans reports buoyant Christmas, Julien Macdonald collab is "standout" success
Freemans said on Friday that it had “a cracker of a Christmas” with sales in the eight weeks to the end of the year up as much as 23%. Its customer numbers also topped a million, which was up 65% from two years ago.
Fashion
Copenhagen Fashion Week: Stamm wins Zalando Sustainability Award
Stamm has won the AW23 Zalando Sustainability Award at Copenhagen Fashion Week with the brand having demonstrated “impressive craftsmanship as well as deep understanding and execution of more sustainable practices".
Fashion
UK retail footfall recovery continues as office workers boost high streets on weekdays
Footfall to UK retail destinations was up 12.5% in January, according to the latest BRC-Sensormatic IQ data. But while it rose, it was 2.6 percentage points down on December.
Fashion
Deckers Q3 sales up 13%, Hoka, Teva soar
Deckers Brands announced on Thursday a 13% revenue jump for the third quarter ended December 31, lead by heavy gains at Hoka and Teva.
Fashion
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
Amazon's outlook disappoints as customer budgets stay tight
Amazon.com Inc on Thursday said its operating profit could fall to zero in the current quarter as savings from layoffs do not make up for the financial impact of consumers and cloud customers clamping down on spending.
Fashion
In The Style suffers two major investor cuts on losses warning
Two key investors have slashed their stakes in under-pressure online fashion retailer In The Style. The moves follow a warning in a trading update late last month, with In The Style admitting its losses will grow.
Fashion
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
Scoop sees 'business as usual' with successful show
Scoop’s return to the Saatchi Gallery for its AW23 edition not only underlined the return to fashion sector normality but also seems to have been a success with brands telling us they were writing orders from day one.
Fashion
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