Quiz's results for the year to the end of March showed a “strong revenue recovery and return to profitability” with the company back on track. Q1 has also started well, although it’s cautious for the rest of 2022.
Only days after news that the sale process for Boots has been cancelled after prospective new owners failed to meet the expected price, it has emerged that fashion chain Seasalt has also scrapped its sale plans.
Fast Retailing’s Uniqlo sales in its Japanese market went into reverse again during June. But the bad news wasn't all it seemed and was due to calendar effects, with combined May and June sales actually rising strongly.
Carlo Capasa has been confirmed for the fifth consecutive time as head of the National Chamber of Italian Fashion (CNMI). He has been re-elected after two particularly challenging years marked by the pandemic.