In fiscal 2022, US group Amazon generated a revenue of $514 billion, equivalent to a 9% increase, although the group’s operating income slumped.

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.

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.

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 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.

​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.

​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.

​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".

​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.

Deckers Brands announced on Thursday a 13% revenue jump for the third quarter ended December 31, lead by heavy gains at Hoka and Teva.

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%. 

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. 

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 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.

​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.

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.