Discount fashion retailer Primark said third-quarter like-for-like sales rose above the 5 percent level seen in its first half helped by good weather and the attractions of its low prices in a downturn.
Japan's Fast Retailing posted 28 percent growth in nine-month operating profit on Thursday 9 July, buoyed by robust sales at its Uniqlo casual clothing chain, and lifted its full-year forecast for the third time.
Its collections revolve around ultra-feminine dresses, joyful prints and freshness. Yumi has existed for three years and will now be launching a line targeting 5-16 year olds - Yumi Girl - in France, its biggest market after England.
Mariella Burani Fashion Group has sold its 51% stake in Calgaro, part of the group’s Fashion Jewellery division, to FinHolding, owned by Giuseppe Calgaro and Monica Fin, meaning that Mr Calgaro will now hold 100% of the enterprise.
The recession is forcing many U.S. retailers to focus on their key brands and pull the plug on secondary lines - a move that could have the added benefit of helping them return to their more successful roots.
Goodbye "fashionista" brands, where neither the price nor the planet counts. The recession has made recycled "recessionista chic" a hit at Berlin Fashion Week -- some of it even organic and free trade.
From the 13th to the 16th of June, the Italian men’s fashion tradeshow Pitti Uomo welcomed at least 8% fewer visitors than the 20,565 seen in June 2008. According to the organizers this was an expected decrease, following on from two sets of record figures.