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Aritzia sees sales grow 6% in Q4, expects 45% decline in Q1

Aritzia sees sales grow 6% in Q4, expects 45% decline in Q1

The Canadian fashion retailer has announced a 6.3% increase in fourth-quarter sales thanks to a strong performance from its e-commerce business, but anticipates significant declines in the first quarter due to Covid-19.
Fashion
Timberland pushes forward with regenerative leather supply chain initiative

Timberland pushes forward with regenerative leather supply chain initiative

The outdoor apparel and equipment company has announced a new partnership with The Savory Insititute as part of its efforts to help build a regenerative leather supply chain for the apparel and footwear industry.
Fashion
Pandemic sends retailer PAS Group into voluntary administration

Pandemic sends retailer PAS Group into voluntary administration

Australian clothing retailer PAS Group said on Friday it has entered voluntary administration to review its operations, citing tough financial market conditions.
Fashion
LDC launches 'phygital' shoppable windows in London

LDC launches 'phygital' shoppable windows in London

The independent designer concept store has unveiled several shoppable windows on London’s South Molton Street allowing independent brands to showcase their products whilst observing social distancing.
Fashion
Hush unveils new e-tail site

Hush unveils new e-tail site

The online fashion brand has launched a new e-commerce website with a faster, mobile-friendly design and new payment options.
Fashion
Matalan seeks £50m funding injection from lenders

Matalan seeks £50m funding injection from lenders

The funding consists of a £25m revolving credit facility from the government’s Coronavirus Large Business Interruption Loan Scheme and £25m of new notes that will be purchased by a group of current bondholders. 
Fashion
Zalando move makes eco and ethical commitment mandatory for partner brands

Zalando move makes eco and ethical commitment mandatory for partner brands

European e-tailer Zalando has taken a major step forward in driving a more sustainability-focused retail sector post-pandemic, making sustainability assessment mandatory for its private labels and partner brands.
Fashion
UK furlough scheme to put more of burden on employers from August

UK furlough scheme to put more of burden on employers from August

Retailers and fashion firms will find themselves under heavier pressure from August with UK chancellor Rishi Sunak having announced on Friday that employers will have to pay part of the wages of furloughed staff.
Fashion
Camden Market to partially reopen on Monday

Camden Market to partially reopen on Monday

Camden Market owner LabTech said that the market will partially reopen at the earliest possible opportunity, on June 1, following the government’s latest announcement on the easing of the lockdown.  
Fashion
Debenhams to cut 1,000+ jobs as 17 stores to shut forever

Debenhams to cut 1,000+ jobs as 17 stores to shut forever

Debenhams is cutting more than 1,000 HQ and store jobs as 17 branches are set to close, with the firm hoping to emerge from administration as a more flexible entity that can meet the challenges of the new retail world. 
Fashion
Prada sees 10%+ sales rise in China, but Europe will stay slow

Prada sees 10%+ sales rise in China, but Europe will stay slow

Prada has seen a double-digit increase in comparable sales in China this month, although there's still some way to go before the company can say its China business is back to full health following the lockdown.
Fashion
U.S. retail traffic jumped over Memorial Day weekend - cellphone data

U.S. retail traffic jumped over Memorial Day weekend - cellphone data

Americans surged outside their homes over the Memorial weekend, data from cellphone location companies showed in one of the strongest signs yet of the economic reopening taking hold in the country.
Fashion
Ted Baker plans to reopen stores in June as UK eases lockdown

Ted Baker plans to reopen stores in June as UK eases lockdown

British retailer Ted Baker is preparing for a gradual reopening of its stores from mid-June and will recall furloughed staff based on the needs of its operations, the company said on Friday.
Fashion
Abercrombie & Fitch posts steeper-than-expected loss as pandemic keeps stores shut

Abercrombie & Fitch posts steeper-than-expected loss as pandemic keeps stores shut

Abercrombie & Fitch Co reported a steeper-than-expected quarterly loss on Thursday, hurt by plunging demand for apparel as most of its stores were forced to shutter to curb the spread of the novel coronavirus.
Fashion
Monsoon Accessorize 'on brink of administration' - report

Monsoon Accessorize 'on brink of administration' - report

Fashion retailer Monsoon Accessorize is reportedly close to an administration filing due to the UK retail lockdown. As many as 3,500 jobs could be at risk if it goes under, but it's likely to survive in some form.
Fashion
French fashion retailer Camaïeu files for receivership

French fashion retailer Camaïeu files for receivership

The 900-store French fashion chain has failed to obtain a state-backed loan, and on May 26 it filed for receivership before the trade court in Lille, France.
Fashion