Frasers Group has again increased its stake in ASOS, which has been at the centre of takeover speculation. It has seen acquisition-hungry Frasers upping its stake to almost 9.9% from 7.4% as the week started.

Frasers Group Asia Sdn Bhd (or FGA, which is a subsidiary of the UK company) has revealed a new joint venture agreement with PT. MAP Active Indonesia.

​The National Vintage League brand has launched a curated and edited collection exclusively on The Edit LDN.

The Spanish sneakers brand hit record sales in 2022, with revenue up by 40% to €74.3 million. Revenue in Italy was up 20%, as Munich continued to expand internationally, and opened new monobrand stores in Spain.

The creatives, grandsons of Richard Avedon and Bob Dylan, respectively, found a photography first publication with digital and print issues. 

​ASOS is believed to have received a £1 billion takeover approach a few months ago from a Turkish company taking advantage of the potential in its giant market but also its falling share price.

Columbia Sportswear announced on Friday that Mark Nenow, president of its Sorel brand, has resigned in order to focus on his health.  

Outdoor clothing retailer Patagonia Inc has settled its lawsuit accusing Gap Inc of illegally copying the "iconic" snapped flap pocket that the company has long featured on its fleece outerwear.

And another one bites the dust. Edward Enninful is to exit British Vogue the magazine has made known, making him the latest editor-in-chief of a Vogue in the past several years to exit their position.

​M&S is making a big play for British consumers’ footwear spend and is adding more third-party footwear labels to its Brands At M&S offer with a focus on summer shoes that can help it in a season in which it lags.

Lululemon raised its annual sales and profit forecasts on Thursday as wealthy Americans snap up its pricey activewear even though inflation hounds wider retail spending, sending the company’s shares up 13% after hours.

​Laced — the British sneaker marketplace — is aiming to make access to in-demand products fairer and has raised £10 million/€11.2 million to help it do that.

​​Under Armour, Inc. announced on Wednesday its executive chair and brand chief Kevin Plank has sold $100-million worth of shares to BDT Capital Partners, an affiliate of merchant bank BDT & MSD Partners. 

Located at 1024 Lincoln Rd, Miami Beach, the store will be run and operated by leading hat retailer, Lids.

Wolverine World Wide Inc. announced on Wednesday the appointment of Chris Hufnagel as president of Wolverine Worldwide.

​The latest data report from Launchmetrics shines the spotlight on sportswear and the headlines story is — perhaps unsurprisingly — that athleisure and sneakers continue to be key drivers while luxury is also important.