Leading global marketplace StockX announced its physical entry into Australia on Thursday with the opening of a new authentication center in Melbourne, Victoria.
The Abercrombie & Fitch-owned fashion retailer has announced the launch of Social Tourist, a new brand inspired by the digital world in which Gen Z lives and socializes.
The professional beauty supplies seller announced second-quarter sales of $926.3 million on Thursday, an increase of 6.3% from $871.0 million in the prior-year period, despite ongoing disruptions related to Covid-19.
Middlebury, Connecticut-based Timex Group, a world leader in watchmaking, and Adidas, revealed on Thursday a new global licensing agreement for watches.
The Milan fashion and accessories show will return in phygital format with the WSM event on June 19-21, and is set to welcome back its participants in person on September 23-26 in the city’s Tortona Fashion District.
On June 1, Hubert Hinterseher will take over from Michael Lämmermann, the German sport group’s CFO since 2013. Arne Freundt, currently head of EMEA, has instead been promoted to the post of chief commercial officer.
Tapestry Inc returned to quarterly sales growth and forecast full-year numbers above analysts’ estimates as the Coach handbag maker benefits from a strong rebound in demand for luxury goods in North America and China.
UK supermarkets giant Sainsbury’s has announced that former John Lewis MD Paula Nickolds is to join the business in June as General Merchandise and Clothing Commercial Director and become a member of its operating board.
Make-up brand Rimmel London has named not a new brand ambassador but a “global activist” with model and mental health advocate Adwoa Aboah stepping up to the role.
In a further sign of how important environmental, social, and governance-linked (ESG) issues are these days, lifestyle retailer Joules has announced a renewal of its funding deal with a strong ESG element included.
Next continued to show just how strong it has been in recent periods on Thursday as the retailer increased its guidance due to sales dipping only slightly in the latest quarter.
Gym+Coffee is flexing for expansion and improved visibility. The Irish athleisure brand has hired the Mongoose marketing agency “to raise awareness of the brand and build on its global community in Europe”.
Percival Menswear, the London-based contemporary fashion brand, has secured a £3 million investment. The funds will be used to double its stock, introduce new categories and enhance customer service.
Burberry has opened the first of a series of global pop-ups to celebrate its signature Olympia bag, with the debut space being in Harrods, London until May 30. It comes with an AR experience and limited editions.
Superdry’s year-end trading statement has shown that revenue started to recover in Q4 and its “full-price discipline” drove a “significant” improvement in the quarter’s trading gross margin.
