It looks like fashion runways are finally about to start warming up. After 15 months of online fashion seasons and virtual catwalks shows, several luxury marques will stage shows on catwalks in the next two months.
Under Armour Inc raised its expectations for annual profit and sales on Tuesday, after reporting a 35% jump in revenue as the reopening of economies in the US and Asia fueled demand for its sports shoes and apparel.
Jewellery maker Pandora on Tuesday announced a push for growth in the United States and China, and potential expansion into new areas such as watches and bags, after posting forecast-beating Q1 operating profit.
The Japanese cosmetics group has put a partial end to its beauty licence agreement with Dolce & Gabbana, a decision taken as Shiseido, struggling as a result of the Covid-19 crisis, intends to focus on skincare.
The French label, which recently opened its first flagship in Korea, generates 71% of its sales with leather goods, including accessibly priced handbags to attract a younger clientèle, according to a study by Retviews.
There's no doubting anything Kardashian related is still a major pull for many consumers. Hence, luxury retailer Flannels has signed US label Talentless to its roster of high-end brands for its 20 UK stores and online.
Summer holidays may have been off the agenda for the past year, but with more international consumers believing they really will be able to go on holiday in 2021, swimwear trends have come to the fore again.
Fast-growing sports label Castore has expanded its McLaren deal to the car marque's Forumula One team. The brand is adding the important new element to its link-up after the launch of their first collection last year.
The owner of the Men’s Wearhouse and Jos. A. Bank brands has announced the appointments of John Tighe as EVP and chief customer officer, Karla Gray as EVP and chief stores officer, and Tim Cooksey as SVP of real estate.