According to a report from NPD, luggage and swimwear sales have shown strong signs of recovery over the last two months, following a dismal year for travel fashion and accessories due to Covid-19-related restrictions.
Under Armour shareholders may pursue a lawsuit accusing the sports apparel company of concealing how it pulled sales forward from future quarters to meet Wall Street revenue forecasts, a federal judge ruled on Tuesday.
Thanks to £84.9 million worth of successful insurance claims and careful cost management, tradesows giant Hyve “is focused on emerging from the pandemic stronger", it said in its interim results Tuesday.
Walmart Inc on Tuesday raised its full-year earnings forecast after shoppers armed with government stimulus checks ventured back into stores, driving demand that is expected to continue through the year.
Macy's on Tuesday raised its annual sales and profit forecasts, as speedy vaccinations encourage Americans to return to its stores to upgrade their wardrobes after being stuck at home for more than a year.
Ibiza boutique Revolver has launched an own-brand collection for the first time with founders Catherine and Jean-Paul Sanchez working with British design director Cat van Baal on the trans-seasonal re:001 line.
The womenswear label founded in Marseille in 1985, is undertaking two actions – an administrative case in Europe and a lawsuit in France – against Charaf Tajer's label, which it accuses of trademark infringement.
The luxury goods sector could shrug off the hit from the coronavirus crisis as early as this year as Chinese and U.S. shoppers help sales recover to pre-pandemic levels, consultancy Bain said on Monday.