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.
Jihee Ahn is The Cordwainers Footwear Awards 2021 winner. The De Montfort University student beat Kamile Peleckyte and Reuben Crabbe, both from the London College of Fashion, who were placed second and third.
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.
The fashion sector's trend-setting status can help influence change in other industries, but fashion companies also need to ensure that eco and ethical thinking are front of mind for their own commercial health.
Beneath the office space of Emily in Paris, the trend-setting series, one finds another new French concept; rare sneaker store Kikikickz, the brainchild of two entrepreneurs taking sneaker trading to new heights.
French fashion retailer Spartoo applied for a stock market listing with France’s financial markets authority (AMF) on Monday. Its CEO has offered further insight into the decision and the group's plans.
Gap has confirmed that it’s to close 19 UK and Republic of Ireland stores this summer. It follows a bruising pandemic period and news backs in October that the US firm was launching a review of its European business.
Online sales in the UK fell 9.1% year-on-year last month, although this was against a 61% increase in May 2020. And even with the fall, spend remain strong with sales volumes rising 46% compared to May 2019.