Accessories
The latest news
Birkenstock 'to be sold' to L Catterton for €4bn - report
It looks like the long rumoured private equity takeover of family-owned Birkenstock could actually be happening soon. L Catterton, the group with close links to LVMH, is said to be “nearing an agreement” to buy it.
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
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
Clarks CEO and other execs are out, ex-Guess chief steps up for now
Clarks’ CEO Giorgio Presca has exited the historic shoe firm. The move comes only a few months after it brought a new majority owner on board as the founding family relinquished control for the first time in centuries.
Fashion
Dillard’s ends year with net loss
For the year ended January 30, 2021, Dillard’s said net sales fell to $4.301 billion from $6.204 billion in the prior year.
Fashion
CFDA launches diversity-focused Impact initiative
Inspired by the Black Lives Matter movement, the American fashion organization has announced the launch of Impact, a multi-layered initiative that aims to create opportunities in fashion for underrepresented communities.
Fashion
ASOS doubles Topshop/Topman offer, launches international campaign
ASOS launches a new campaign for the UK, US and Germany from Monday to mark a wider range of Topshop/Topman products available on site following its purchase of the two brands after the Arcadia failure.
Fashion
London Fashion Week: A French touch in virtual season
There was a notable French touch at London Fashion Week this weekend, with shows from Stephen Jones, Bianca Saunders, Bethany Williams, N Palmer, 16Arlington, Preen by Thornton Bregazzi, Art School and Jamie Wei Huang.
Fashion
Molly Goddard: Cathy Earnshaw in taffeta in Bethnal Green
One true test of any great artist, or significant designer, is whether or not they have an identifiable signature style. One of many reasons that Molly Goddard has become one of the most important creators in UK fashion.
Fashion
Sonia Carrasco: A star is born in Barcelona, amidst London Fashion Week
A star was born at London Fashion Week on Saturday, albeit it virtually in Barcelona, rather than in Blighty. Her name – Sonia Carrasco, an alumni of the houses of both Celine and Alexander McQueen.
Fashion
S.African retail group Truworths bets on new growth initiatives as profit falls
South Africa’s Truworths is betting on the launch of new clothing brands as well as entry into the budget-clothing market to support its medium-term growth after reporting a 7% decline in half-year profit on Thursday.
Fashion