Fast Retailing said on Thursday that sales at its Japanese Uniqlo stores fell by 37.3% last month, with same-store sales (including online) down an even worse 38.9%.
Shares in publishing company Lagardere opened flat on Thursday after big drops in previous days as luxury goods billionaire Bernard Arnault confirmed he was effectively cutting ties with the company's chief executive.
JD Sports has received a blow with the UK’s Competition and Markets Authority (CMA) again provisionally blocking its acquisition of the Footasylum chain after a review of its decision to block the deal.
Canadian luxury outerwear and sportswear brand Moose Knuckles announced on Wednesday that Victor Luis will take on the expanded role of chairman and CEO.
Revolution Brands has acquired a 75% stake in the lossmaking urbanwear brand established by Spanish Formula 1 champion Fernando Alonso in 2017.
India's commerce minister welcomed on Tuesday a Supreme Court decision that Amazon and Walmart's Flipkart should face investigations into alleged anti-competitive behaviour.
The big and tall menswear retailer announced on Tuesday that its sales increased 81.3% year over year to $138.6 million in the second quarter, progress that led the company to increase its full-year financial outlook.
Wolford said the first half of this year “developed similarly to the last months of 2020” with the US and China continuing “solid growth”, while ongoing and new Covid measure “led to business losses in Europe”.
Sustainable footwear specialist Allbirds has filed for its long-expected initial public offering (IPO) in the US as it rides the wave of increasing consumer demand for eco products, despite being loss-making.
Beauty company Olaplex Holdings announced that it has publicly filed with the U.S. Securities and Exchange Commission (SEC) to raise up to $100 million in an initial public offering.
Calvin Klein parent PVH Corp. on Tuesday recorded a 46% sales uptick for the second-quarter, prompting the U.S. apparel company to lift its full-year guidance for fiscal 2021.
New York-based brand management company Sequential Brands Group, Inc. said on Tuesday that it has filed for voluntary Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware.
Dior has once again snatched first place in Launchmetrics’ quarterly list of the top power players in luxury fashion, while Gucci has made solid progress in China as the country leads the sector’s post-pandemic recovery.
The Columbus, Ohio-based footwear company has reported net sales of $817.3 million in the second quarter ended July 31, 2021, an increase of 66.9% compared to $489.7 million in the prior-year period.
After weathering a tough pandemic, it’s no wonder the wellbeing and skincare sectors are thriving. And Neom’s latest set of results reflect this with strong year-end sales and “continued growth and momentum”.
