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I Saw It First founder and leaders exit after Frasers buy

I Saw It First founder and leaders exit after Frasers buy

​Frasers Group may have brought Missguided founder Nitin pass back to run that business after it acquired it out of administration, but it’s not gone for continuity with another buy, that of I Saw It First.
Fashion
Tophsop founder and ex-Debenhams chief Halpern dies

Tophsop founder and ex-Debenhams chief Halpern dies

​British retail titan Sir Ralph Halpern has died at the age of 83. The executive, who launched the Topshop chain and once ran Debenhams, was one of the highest-profile retailers during the Thatcher era in the 1980s.
Fashion
France plans fashion revolution with climate-impact labels

France plans fashion revolution with climate-impact labels

Next year, France will pass a decree that will require every item of clothing sold in the country to carry a label detailing its precise climate impact.
Fashion
India’s apparel retailers to earn 21-23% more revenue in FY 2023

India’s apparel retailers to earn 21-23% more revenue in FY 2023

A combination of strong same-store sales, new store launches, and higher contribution from online channels will add 21-23% revenue growth for apparel retailers in India in fiscal 2023.
Fashion
Primark creates customer chief role, names Michelle McEttrick to post

Primark creates customer chief role, names Michelle McEttrick to post

​Primark has named Michelle McEttrick to the new Chief Customer Officer role, “to develop the Primark brand and customer strategy as the business continues its expansion across new markets, channels and products”.
Fashion
Most US consumers reluctant to spend due to inflation, but still buying office-wear

Most US consumers reluctant to spend due to inflation, but still buying office-wear

Around four out of five consumers (80 per cent) in the US say that they are less confident about spending, while 62 per cent of them believe that the county is currently experiencing a recession.
Fashion
Walmart's long-lasting challenge: luring budget shoppers back to its stores

Walmart's long-lasting challenge: luring budget shoppers back to its stores

Walmart Inc could face an uphill battle to reclaim U.S. shoppers who opted for the neighborhood dollar store or Aldi rather than driving farther to a Walmart Supercenter when gasoline was $5 a gallon.
Fashion
Bangladesh garment export growth seen slowing to 'normal' 15% this year

Bangladesh garment export growth seen slowing to 'normal' 15% this year

​Growth in Bangladesh's garment exports could drop to 15% this year after an unusually strong expansion of more than 30% in 2021, two industry leaders told Reuters, as US and European customers grapple with inflation.
Fashion
US textile and apparel imports up 30%+ in first half

US textile and apparel imports up 30%+ in first half

The import of textiles and apparel by the US continues to grow fast, rising by 30.97 per cent to $66.308 billion in the first six months of 2022, compared to $50.626 billion in the same period of 2021. 
Fashion
UK’s Edit LDN makes metaverse debut with sneaker digital wearables

UK’s Edit LDN makes metaverse debut with sneaker digital wearables

UK-based retail brand Edit LDN has officially joined the virtual world with its own premium store at Bloktopia, a virtual reality metaverse.
Fashion
Supermarket retailer Ahold shelves plan to spin off Bol.com

Supermarket retailer Ahold shelves plan to spin off Bol.com

Supermarket major Ahold Delhaize said on Wednesday it was postponing plans for an IPO of its non-food retailer, Bol.com, because of unfavourable market conditions.The group had planned to list Bol.
Fashion
Swiss firm Archroma to acquire Textile Effects business of Huntsman

Swiss firm Archroma to acquire Textile Effects business of Huntsman

Archroma has announced it has entered into a definitive agreement to acquire the Textile Effects business from Huntsman Corporation, an American multinational manufacturer and marketer of chemical products.
Fashion
Fashion innovator Issey Miyake dies at 84

Fashion innovator Issey Miyake dies at 84

Japanese fashion designer Issey Miyake, whose global career spanned more than half a century, has died aged 84 of cancer, it emerged on August 9.
Fashion
Delta Apparel sees 7% growth in net sales in Q3 FY22

Delta Apparel sees 7% growth in net sales in Q3 FY22

Delta Apparel, a leading provider of core activewear and lifestyle apparel products, has announced net sales of $126.9 million in Q3. Net sales in the Delta Group segment grew 3% to $106 million.
Fashion
UK shoppers surprisingly ready to spend during heatwave, fashion stays strong

UK shoppers surprisingly ready to spend during heatwave, fashion stays strong

Hot weather drove Britons to buy summer fashion, as well as outdoor goods, in July. But they also reined-in spending on foreign travel and eating out as the cost-of-living squeeze made itself felt, two surveys show.
Fashion
Shopify merchant growth falters as weak consumer spending hits businesses

Shopify merchant growth falters as weak consumer spending hits businesses

​Businesses stung by rising costs and lower consumer spending are shying away from Shopify's platform, creating a roadblock in its plan to fix past missteps in overestimating e-commerce demand.
Fashion