Footwear
The latest news
Showroomprivé sales drop significantly in the first half of the year, but posts slight profit
Sales of the e-commerce clearance site Showroomprivé fell by more than 21% in the first half of 2022 to €305.4 million.
Fashion
Primark freezes prices of kidswear essentials
Kidswear pricing is a key selling point for big-name retailers at the moment. And Primark has said it will freeze prices of hundreds of kidswear essentials this season.
Fashion
CMA investigates ASOS, Boohoo, Asda over green fashion claims
The UK's Competition and Markets Authority (CMA) is targeting fashion labels that might be indulging in 'greenwashing' and the first ones to be targeted are ASOS, Boohoo and George at Asda.
Fashion
Missguided suppliers over to get back very little of £30m owed
Companies that supplied goods to Missguided before its administration filing and purchase by Frasers Group will get back less than 2% of the £30 million owed to them.
Fashion
Deckers Q1 sales surge on Hoka brand, reaffirms full-year guidance
Deckers Brands announced Thursday a strong start to fiscal 2023, reporting a first-quarter revenues uptick of 22%, on the back of strong growth in its portfolio darling, Hoka.
Fashion
VF Corp Q1 sales hit by APAC store closures, Vans dip
VF Corporation announced on Thursday revenues for the first quarter increased by 3%, on the back of double-digit growth its The North Face brand, offsetting a dip in its Vans business and plunging APAC sales.
Fashion
Jack Ma may have plans to give up control of Ant Group
Chinese billionaire Jack Ma plans to give up control of financial technology company Ant Group Co in an effort to move away from affiliate Alibaba Group Holding Ltd, the Wall Street Journal reported on Thursday.
Fashion
Unbound multibrand curated platform debuts, own-brand clothing launch due in 2023
Unbound Group (best known as the owner of the Hotter footwear brand) on Thursday confirmed the initial launch of its previously flagged curated multibrand platform, as scheduled.
Fashion
Frasers buys I Saw It First shortly after Missguided swoop
So the rumours were true. Acquisition-hungry Frasers Group confirmed on Thursday that it has acquired online fashion retailer I Saw It First.
Fashion
Columbia Sportswear H1 sales up 12%, Q2 sales volumes hit hard by China, Russia
Columbia Sportswear announced on Wednesday revenues for the first half of the year 2022 increased 12%, despite the company's second quarter recording lower sales in volume terms for the three months.
Fashion
Resale market: Vinted set to buy German site Rebelle
On Monday July 25, the Lithuanian specialist in private fashion resale launched a public offering for the shares of its German competitor Rebelle, in which Vinted is already assured of a 64.70% stake.
Fashion
Celtic & Co hires Hayball as new finance chief
Keeping it local. Digital eco fashion retailer Celtic & Co has appointed Martin Hayball its new head of finance. He joins from fellow Cornish fashion retailer Seasalt where he was head of financial planning/analysis.
Fashion
Moss Bros opens Jermyn Street and other new stores, rolls out casual line
Moss Bros is extra busy with the menswear specialist opening four new stores, including a concept store on London’s Jermyn Street. It’s rolling out its casual offer to all of its locations too.
Fashion
Latest Lyst Index shows collabs are key, Diesel bag is top women's product
Gucci was back in top spot in Q2 as the Lyst Index showed a surge in popularity on the back of its Adidas collab. In fact, collaborations were hot this quarter, while summer items, Diesel and 'naked' dresses also surged.
Fashion
Skechers reports record quarterly sales
Skechers U.S.A Inc. announced on Tuesday revenues for the second quarter increased by more than 12%, on the back of double-digit sales growth in the footwear brand's domestic and international business, respectively.
Fashion
Sézane to open in San Francisco in September
Two years after a first pop-up in San Francisco, the brand founded by Morgane Sézalory will open a new shop in September, planned for a duration of four months.
Fashion