Deckers Brands, the US-based owner of Ugg and other labels, reported 2.3 per cent sales growth to $282.2 million in its first quarter ended on June 30, compared to sales of $276.8 million in the same period last year.

​Tradeshows giant Hyve is launching three virtual forums next month, Fashion Together (comprising Pure, Pure Origin, Moda and Scoop), Autumn Fair @ Home and Glee Gathering.

July was a disappointing month for UK physical shops and fashion really struggled with online sales unable to make up for spending that wasn't happening on the high street.

Fashion giant H&M said on Thursday it has suspended a number of employees over the use of a racial slur relating to the name of a hat to be sold at stores of its & Other Stories brand.

More British shoppers returned to the high street in July, helped by the reopening of pubs and restaurants, but numbers were still much lower than normal for the time of year, an industry survey showed on Friday.

U.S. President Donald Trump on Thursday unveiled sweeping bans on U.S. transactions with China's ByteDance, owner of video-sharing app TikTok, and Tencent, operator of messenger app WeChat.

Fashion conglomerate Shandong Ruyi has brushed aside a sale of textile maker Lycra proposed by Lycra's creditors and is instead looking to publicly float the business, two people with direct knowledge told Reuters.

Madrid-based fashion tradeshow Momad has postponed its next edition to February 2021, with Ifema and the organising committee aiming to hold the event in a “strengthened economic environment”.

Unifi, a leading innovator in recycled and synthetic yarns, posted a sales decline to $606.5m in fiscal 2020, which ended on June 28, compared to $708.8m last year. It saw a net loss of $57.2m.

​German sports giant Adidas said on Thursday it expects to bounce back to profitability in the third quarter after it plunged to a big loss in the second quarter when most of its stores were closed due to lockdowns.

UK shopping centre operator Hammerson announced moves to raise a combined £825m on Thursday and said it would reboot the terms of its leases with retailers as it faced a slump in rent collections and footfall.

​Lifestyle fashion brand Joules reported its preliminary annual results on Thursday and despite the numbers including its toughest trading period ever that resulted in a pre-tax loss, seemed upbeat.

Odd Concepts, an AI-based fashion tech company, has launched an AI style discovery platform, StyleCrush, to introduce a new method of online fashion consumption to Singapore.

The value of the world textile trade decreased by 2.4 per cent year-on-year to $305 billion, while apparel trade dropped 0.4 per cent.

​The latest bad news for the UK on jobs and store closures comes from M&Co and DW Sports with the former closing 47 stores and the latter its entire chain of 75 shops.