Adidas is launching new fabrics made from recycled polyester and marine plastic waste and expand the product lines that use them after the success of shoes made with the Parley for the Oceans initiative.
Nike Inc's Kobe Bryant merchandise was sold out on its website, the company said on Tuesday, following reports the company had pulled products branded by the NBA star who died in a helicopter crash on Sunday.
On Monday, concerns about the impact of the new coronavirus epidemic on China's economy were reflected in the share prices of major international luxury groups, in anticipation of a slump in Chinese sales and tourism.
Jeremy Scott has cancelled his upcoming runway show in New York, in a move that will significantly weaken the American fashion catwalk season. Instead, the designer will show during haute couture in Paris in July.
Marylebone is becoming a hub for footwear brands with news of more openings there, including a trio of key names that seem to be attracted by its neighbourhood feel, proximity to London's West End and upscale image.
Debt-laden property giant Intu has been moving fast to shed assets in order to reduce its massive debt load and the latest move was announced on Tuesday after it exchanged contracts to sell a key Spanish shopping centre.
The chief executive of the company that owns the giant Meadowhall shopping mall, among other sites, has said that up to a fifth of shops could disappear from the UK retail landscape as consumer shopping habits evolve.