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Mike Ashley set to step down from CEO role at Frasers - report

Mike Ashley set to step down from CEO role at Frasers - report

Mike Ashley, the Sports Direct entrepreneur, is preparing to step back from his high-profile role as CEO of his growing retail empire. He’ll hand control to his future son-in-law Michael Murray, the Telegraph reported.
Fashion
Under Armour continues growth trajectory in Q2, raises guidance

Under Armour continues growth trajectory in Q2, raises guidance

Under Armour has posted a 91% revenue jump to $1.4bn for Q2 ended June 30. Considering the performance, the company has raised its FY21 revenue outlook up to a low 20s percentage rise against high teens previously.
Fashion
Wolverine buys Sweaty Betty for almost £300m

Wolverine buys Sweaty Betty for almost £300m

​Premium activewear brand Sweaty Betty is being bought by US giant Wolverine for nearly £300. The 23-year-old London company has been a winner from the athleisure trend and this has boosted its value in recent years
Fashion
Foot Locker to buy shoe store chains WSS and Atmos for $1.1bn

Foot Locker to buy shoe store chains WSS and Atmos for $1.1bn

Foot Locker Inc will buy two smaller shoe store chains for a total of about $1.1 billion in cash, the footwear retailer said on Monday as it looks to expand its business beyond malls and extend its reach in Asia.
Fashion
Columbia Sportswear April-June sales exceeds pre-pandemic levels

Columbia Sportswear April-June sales exceeds pre-pandemic levels

Columbia Sportswear Company, a specialist in active outdoor lifestyle apparel and footwear, has exceeded its expectations with 79% sales growth to $566.4m in Q2 of FY21 compared to same period of 2020.
Fashion
Vans helps drive recovery at VF Corp

Vans helps drive recovery at VF Corp

The Denver, Colorado-based outdoor and activewear group reported first-quarter revenue of $2.2 billion on Friday, up 104% from $1.1 billion in the prior-year period, with growth led by the Vans brand.
Fashion
Mirabaud Lifestlye Impact & Innovation invests in Highsnobiety

Mirabaud Lifestlye Impact & Innovation invests in Highsnobiety

The investment fund launched by Swiss banking and financial group Mirabaud last year has acquired a stake in the German platform dedicated to streetwear. 
Fashion
Global Brands Group North America files for chapter 11

Global Brands Group North America files for chapter 11

The North American division of Global Brands Group has filed for chapter 11 affecting both its wholesale business and certain subsidiaries and affiliates.
Fashion
Deckers Brands sees sales surge 78%

Deckers Brands sees sales surge 78%

Revenues at the Goleta, California-based footwear, accessories and apparel group totaled $504.7 million in the first quarter, up 78.2% year over year, as the company experienced strong growth across its brand portfolio.
Fashion
Wolverine Worldwide swings to profit on record sales

Wolverine Worldwide swings to profit on record sales

The Rockford, Michigan-based owner of the Wolverine, Saucony and Merrel brands reported record Q2 revenue of $631.9 million on Thursday, progress which drove the company’s return to profit in the quarter.
Fashion
Puma reaffirms positive outlook despite supply chain strain

Puma reaffirms positive outlook despite supply chain strain

German sportswear company Puma said on Thursday it remained concerned about the strain the coronavirus pandemic is putting on its supply chain, but reiterated its mid-term outlook remained positive.
Fashion
Rolling Stones launch Team GB Olympics collab at RS No.9 Carnaby

Rolling Stones launch Team GB Olympics collab at RS No.9 Carnaby

The Rolling Stones merchandise production line is on a sporting roll. Hot on the heels of linking up with the Euro 2020,  the group’s RS No.9 Carnaby retail arm has now teamed up with Team GB for the Tokyo Olympics.
Fashion
Nicky Zimmermann on 'The Postcard' resort 2022; opening in Cannes and making it from Australia

Nicky Zimmermann on 'The Postcard' resort 2022; opening in Cannes and making it from Australia

Australia, a country known for punching above its weight in sport, literature, cinema, media, wine and the pursuit of happiness, has tended to underperform when it comes to fashion. One major exception is Zimmermann. 
Fashion
From dresses and skorts to hijabs, badminton's women wear what they like

From dresses and skorts to hijabs, badminton's women wear what they like

Female athletes have fought long and hard for the right to choose what they wear when they compete at the Olympics, and at the Tokyo Games more and more athletes and fans are speaking out and taking action.
Fashion
Superdry to take former Forever 21 Oxford Street flagship

Superdry to take former Forever 21 Oxford Street flagship

​Just a short while after we heard that Uniqlo and Theory will be taking over the former Superdry flagship on Regent Street, London, it has emerged that the label has signed up for a brand new flagship.
Fashion
Cricket star Jofra Archer links with Oakley

Cricket star Jofra Archer links with Oakley

Sports performance eyewear brand Oakley has announced a new partnership with England cricketer Jofra Archer. The star fast bowler will play the lead in Oakley’s latest ‘Be Who You Are’ video.
Fashion