E-tail took another socially positive step forward Thursday to improve its somewhat tarnished image with eBay announcing it’s planning to invest millions of pounds in creating jobs and opportunities in the UK.
Shopper can expect an “animated, interesting and welcoming” return when retail restrictions are lifted next month. That’s the upbeat promise from London retail property giant Shaftesbury Thursday.
Quiksilver has rebooted its approach to womenswear marketing and has unveiled a new direction and a new creative to support the latest womenswear range.
It looks like the long rumoured private equity takeover of family-owned Birkenstock could actually be happening soon. L Catterton, the group with close links to LVMH, is said to be “nearing an agreement” to buy it.
The two major name retailers have signed deals with logistics specialist Clipper Logistics, with the details of the deals highlighting how important automation and omnichannel have become.
‘Going-out’ clothing may have tanked during the various lockdowns of the past year, but with the UK’s lockdown-easing roadmap now published, demand seems to be surging, a major fashion e-tailer said Thursday.
Online retail group N Brown said Thursday that its chairman Matt Davies is stepping down from his post at the end of next month in order to “spend more time on his other business activities”.
Primark will have lost around £1.1 billion worth of sales due to lockdowns and other restrictions in the 27 weeks up to the end of this month, the value retailer said on Thursday.
The American brand founded by Ronnie Fieg is opening a store in the French capital. Spread over three floors, the 16,000-square-foot location not only offers the label's latest collections, but also a restaurant.
The Los Angeles-based online fashion retailer reported Q4 net income of $19.0 million on Wednesday, representing a year-over-year increase of 126% compared to $8.4 million in the prior-year period.
The Victoria’s Secret parent company reported fourth-quarter income of $860.3 million, or $3.03 per share, on Wednesday, beating analysts’ estimates of $2.91 per share.
Intertextile, Yarn Expo, Chic and PH Value, scheduled in Shanghai on March 10-12, have been postponed. FashionNetwork.com has learned the possible new dates are March 17-19, if the authorities give the green light.
Discount store operator TJX Cos Inc missed estimates for holiday-quarter results on Wednesday, as coronavirus-induced lockdowns in Europe and Canada shaved about $1 billion off its sales.
Italian brand Missoni kicked off the first day of Milan Fashion Week on Wednesday, with designers once again forced to swap the buzzing catwalks for digital presentations due to the COVID-19 pandemic.
German sportswear company Puma expects the financial impact from coronavirus lockdowns to last well into the second quarter, but believes global growth in running should help to support a strong improvement after that.
