The latest news
Frasers Group continues building ASOS stake, now owns nearly 10%
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.
Inditex and Jeanologia develop a system to reduce the shedding of microfibres in textiles
The Galician giant and the Valencian company have worked together to launch Air Fiber Washer, an industrial mechanism designed to extract microfibres during garment manufacturing.
Photographers Michael Avedon and James Dylan launch new publication Breach
The creatives, grandsons of Richard Avedon and Bob Dylan, respectively, found a photography first publication with digital and print issues.
Denim Première Vision celebrates second edition in Berlin
Denim Première Vision took place in Berlin for the second time. On May 31 and June 1, the fair brought together 64 denim industry players from a total of 14 countries at the Arena Berlin.
Edward Enninful to exit British Vogue, taking on global advisory role
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.
Lee kicks off content series with an initial London focus
American heritage denim brand Lee is bringing its workwear credentials up to date with a series of contemporary partnerships to project its SS23 line-up. That journey begins in London before heading across Europe.
Perry Ellis launches ‘eco denim’ collections with Recover
Global lifestyle brand Perry Ellis has partnered with leading materials science experts Recover, to launch a line-up of ‘eco denim’ collections.
Brit Artist Dwayne Coleman works with Urban Outfitters, Isko on denim capsule
Denim mill ISKO has teamed up with retailer Urban Outfitters and British Artist Dwayne Coleman on a 10-piece collection under Urban’s BDG branding. Focusing on workwear-inspired denim pieces, it will launch in July.
Mango opens in Westfield, will boost UK presence with 13 new stores in 2023
Mango opened a new UK store late last week — in London's Westfield Stratford City — and its debut in one of the largest shopping centres in the UK came as it also revealed that it will see many more openings in 2023.
True Religion names new EVP, North America wholesale sales
Iconic American denim and sportswear brand True Religion announced this week the appointment of Jim Kushner as executive vice president, North America wholesale sales.
Daniel Wellington unveils handbag line amid major strategic shift
Amid the splendor of the Ritz in Paris, Daniel Wellington unveiled its debut handbag line, the latest new development amid a major strategic shift for the Swedish watchmaker.
Happy Armani buoyant in 2022, says China bounces back in Q1 2023
Armani Group’s 2022 results have shown ongoing progress at one of the world’s best-known luxury names as net revenues jumped 16.5% to €2.35 billion and profit rose even faster.
Uniqlo denies Russia exit plan, says no change to current suspension
Recent press reports that Japanese retail giant Fast Retailing is pulling its Uniqlo chain out of Russia entirely and selling up may have been wide of the mark.
Kaporal is the subject of five takeover bids, which will be examined on June 22
In receivership, the fashion chain is attracting interest from five potential buyers, including current Kaporal managers, the brand's founder Laurent Emsellem and Le Temps des Cerises.
M&S sales continue to rise as fashion stays strong
M&S’s annual results offered more evidence of the strength of its turnaround with the retail giant reporting higher sales and headline profits, although operating profits were hit by tough comparisons and higher costs.
Charles Jeffrey Loverboy launches pre-spring collection for first time
Following the recent decision for Charles Jeffrey Loverboy to move from two collections a year to four, the label has launched its first-ever pre-spring offer for 2024.