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Wolverine Worldwide posts quarterly loss of $171 million
The Rockford, Michigan-based outdoor and active apparel and footwear company reported a Q4 net loss of $170.7 million on Thursday, as quarterly revenues fell 16.1% year over year.
Fashion
Natty and neon Emporio Armani
One felt like one got a ticket on a futuristic airline at Emporio Armani, as the master designer took his audience on a neon-drenched tour in Milan Fashion Week on Thursday afternoon.
Fashion
Quiksilver launches campaign to support womenswear's new direction
Quiksilver has rebooted its approach to womenswear marketing and has unveiled a new direction and a new creative to support the latest womenswear range.
Fashion
Latest lockdowns make £1.1bn dent in Primark sales
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.
Fashion
Kith opens first European store in Paris
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.
Fashion
Belk receives Chapter 11 approval
Regional department store retailer Belk received approval for its Chapter 11 bankruptcy plan on Wednesday.
Fashion
Gap Inc. to build new distribution center in Longview, Texas
Gap Inc. announced on Wednesday plans to open a new state-of-the-art “customer experience” center in Longview, Texas.
Fashion
Revolve earnings soar in fourth quarter
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.
Fashion
L Brands tops earnings expectations; revenues fall short on Victoria’s Secret weakness
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.
Fashion
T.J. Maxx parent misses estimates as lockdowns cut sales by $1 billion
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.
Fashion
Missoni celebrates 'normal life' at virtual Milan Fashion Week
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.
Fashion
Roman empress Fendi by Kim Jones
Kim Jones appreciates a powerful woman; like the Fendi sisters or the latter-day empresses of style that starred in his first women’s ready-to-wear collection for the fashion house, unveiled Wednesday.
Fashion
Online retailers launch new trade body to champion digital cause
Increasingly under-fire e-commerce retailers are making a stand. ASOS, Boohoo, The Hut Group, Ocado, AO World and Gymshark have launched The UK Digital Business Association (UKDBA).
Fashion
H&M's Innovation Stories concept drives it deeper into sustainability
H&M is launching a new product concept called Innovation Stories with the first of a range of collections that will drop this year debuting March 18. Each drop will celebrate "forward-thinking sustainability processes”.
Fashion
Fashion e-commerce sites straggle behind in search visibility
With Covid-19 disrupting traditional brick-and-mortar retail, e-commerce saw a boom in 2020. But according to a new report from Searchmetrics, fashion retailers lagged behind in terms of online search visibility.
Fashion
Milan Fashion Week kicks off king-size phygital edition on Tuesday
Milan Fashion Week, almost wholly digital, will run until March 1. Italy’s top labels will all take part, except Versace, alongside many debut names like Del Core, a new entry premiering with a real show.
Fashion