French resale giant Vestiaire Collective has unveiled a brand revamp with a new identity, a tagline and campaign to underline its “new vision for 2022” that clearly positions resale as the best way to be sustainable.
Kohl’s Corporation acknowledged on Monday that its board has received multiple preliminary offers.
Global sportswear giant Nike Inc. said on Monday total revenues came close to $11 billion in the third quarter fiscal 2022, as the U.S firm saw a steady return to normal footfall across its owned stores across the globe.
Outdoor company L.L.Bean announced on Monday full-year sales topped $1.8 billion in 2021, as the U.S. firm declared the twelve-month period to be one of its most successful years to date.
The Swiss sport shoes and apparel brand reported a strong sales increase in 2021, reaching nearly CHF725 million, equivalent to a 70% revenue growth over fiscal 2020.
The Roman luxury label closed fiscal 2021 in style, by recording sales worth €1.23 billion, up by nearly 40%, and by turning a profit again, while it has internalised its e-tail operations.
Shanghai Fashion Week has been postponed due to Covid-19, in the latest setback due to the recent resurgence of the virus in China.The most important runway season in China had been scheduled from March 25 to April 1.
Signet Jewelers announced on Thursday sales for the fiscal 2022 year surged almost 50%, on the back of a stellar fourth quarter that saw North America sales lift 26% and international revenues gain 40% on the year prior.
Beauty giant Natura & Co. has reportedly shelved its listing on the New York Stock Exchange, with the Brazilian firm citing higher market volatility due to the war in the Ukraine as the reason for the delay.
In 2021, the Italian fashion group, owner among others of Moschino, generated a net income of €12 million, while its sales grew by 20.8%, without however reaching their pre-pandemic levels.
The Spanish footwear company increased sales in its retail channel by 45% last year, while online sales increased by 20%.
Consumers are likely to boycott brands not being seen to do the right thing in the face of the Ukraine-Russia crisis, a report claimed on Friday. It came at the same time as a double-digit inflation warning.
Ted Baker is focused on its turnaround programme so the last thing it needs is the distraction a private equity bid. But it might have to face that, with reports that Sycamore Partners is mulling a potential offer.
Warby Parker announced on Thursday total revenues lifted 37% for the full year 2021, on the back of a 22% spike in active customers, taking the eyewear brand's consumer base to 2.2 million for the twelve months.
G-III Apparel Group said on Thursday net sales for the fiscal year 2022 surged 35%, on the back of even stronger sales in the fourth quarter, as the U.S fashion group recorded its "strongest year" in company history.
