When the world's two biggest fashion groups unveil quarterly sales figures on Wednesday, Inditex is seen back at pre-pandemic levels as stores reopen and people renew their wardrobe, while H&M still has some way to go.
The California-based company specialized in digital-native fashion brands targeting millennial and Gen-Z consumers has set the terms of its New York IPO, revealing that it expects to raise up to $263.9 million.
Trade shows are back… and how. Visitors to Scoop x Pure show last week will have seen a busy event . High Covid case rates may be making some people nervous, but fashion is heading back to normality as fast as it can.
Sporting boundaries don’t appear to exist for Castore. The ambitious, fast-growing lifestyle and sportswear brand, so far best known for its kit deals with major UK football teams, has now entered the cricket arena.
UK-based specialist information and analytics company Ascential has bought OneSpace, the US-based content optimisation business that serves brands trading on e-commerce marketplaces. The purchase price wasn't disclosed.
Footfall across UK retail destinations dipped 4.2% week-on-week in the seven-day 5-11 September period, with shopping centres and retail parks bearing the brunt of the decline, latest Springboard figures show.
Safilo's shares rose more than 14% on Monday after the Italian eyewear group signed a multi-year licensing deal with Chiara Ferragni to design, make and distribute the first eyewear collection under her brand.
Chiara Ferragni is one of the biggest influencers globally and now Safilo is set to tap into that with the eyewear giant having signed a new deal with the blogger-turned-entrepreneur. Its her first move in eyewear.
City centre retail has suffered from the pandemic as tourists haven’t returned in large numbers and office workers stay home. But there’s hope, with signs of office workers returning to semi-normal working patterns.
A trading update from Primark showed the value fashion retailer is on the recovery trail, with profit up on a year ago and strong Q3 like-for-like sales, although Q4 reversed some of that gain due to new restrictions.