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.
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.
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.
LK Bennett has filed its latest results at Companies House and while they only cover the 12 months to February last year, they did include some information about how it has fared in the Covid-hit environment since then.
John Lewis has big plans to increase its fashion sales and is to add 100 new third-party fashion brands to its line-up over the next year as labels supply their products directly on johnlewis.com for the first time.
Ted Baker’s twice-delayed full-year results looked grim on Monday as the fashion retailer announced a 44%+ drop in revenue and a pre-tax loss that widened by almost 39%. But its CEO was upbeat about its prospects.