The owner of brands including Umbro and Lee Cooper announced Q1 revenue of $23.6 million on Thursday, representing a 15% year-over-year decline, largely due to a 41% decrease in the company’s women’s segment.

​There’s been a lot of talk about Crocs being hot again in recent months and StockX, the resale platform for sneakers, streetwear, and collectibles said in the UK, it has seen Crocs sales rising five-fold year-on-year.

The U.S. dollar edged lower against major currencies on Friday after a report that U.S. retail sales unexpectedly stalled in April and as fears of accelerating inflation receded.

Boohoo is continuing its self-cleansing process. The online fast fashion retailer has launched a new clothing range made from recycled plastic and published its ‘Ready For The Future’ commitment to sustainability.

​Amazon will create 10,000 new permanent jobs in the United Kingdom in 2021, taking its total workforce in the country to more than 55,000, it said on Friday.

​Amanda Wakeley is the latest UK fashion firm to collapse due to pressures created by the ongoing pandemic. The firm announced Friday that it had gone into administration with some jobs being cut as a buyer is sought.

VIA Outlets has reopened its entire 11-centre portfolio after Covid-19 restrictions were lifted in various markets. And it's seen encouraging trading, new services added and a host of new brands joining the portfolio.

Following two seasons with barely any in-person runways, the fashion week is set to make a spectacular comeback in September, with shows from brands including Rodarte and Altuzarra and the return of the Met Gala.

American Eagle Outfitters Inc. announced on Thursday the development of a limited American Eagle jeans collection using guidelines as a part of the Ellen MacArthur Foundation’s Jeans Redesign project. 

Walmart announced on Thursday the acquisition of startup Zeekit, which offers a virtual fitting room platform allowing for a significantly enhanced customer and social experience.

IMG announced on Wednesday the launch of the IMG Fashion Alliance, which includes designer launch partners that will form the bedrock of New York Fashion Week’s revitalization. 

China's top e-commerce platform Alibaba Group Holding Ltd on Thursday posted its first quarterly operating loss since going public in 2014 due to a record anti-monopoly fine by the country's market regulator.

The health situation makes it impossible to hold a physical event in acceptable circumstances, said the organisers of Frankfurt Fashion Week, who are launching a replacement digital edition called FFW Studio.

Italy's Tod’s could further strengthen its ties with LVMH but there are no ongoing talks and no decision has been made, a top Tod’s executive said after the French giant increased its stake in the group.

Amazon will give $100 more to new hires with proof of COVID-19 vaccination, the retailer said on Thursday, as part of its plan to employ 75,000 workers for fulfillment and logistics operations.

Italian fashion group OTB has added two new members to its board of directors. They are Arabella Ferrari of Intercos and Carlo Purassanta of Microsoft, who will contribute their know-how in the beauty and IT sectors.