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New Look recovery underway in Q1 after tough year

New Look recovery underway in Q1 after tough year

​Value fashion specialist New Look issued a trading update and its annual results on Tuesday and said it had made a “solid start to FY22 trading following store reopenings after [a] resilient FY21 performance”.
Fashion
Joules sales and profits rise in latest year as e-tail booms

Joules sales and profits rise in latest year as e-tail booms

​Joules reported its annual results on Tuesday and talked of a “strong performance underpinned by continued digital growth, the strength of the Joules brand, and increasing diversification of revenue streams”.
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
Guichot becomes SMCP chief as Lalonde quits for new opportunity

Guichot becomes SMCP chief as Lalonde quits for new opportunity

​Big change is coming at SMCP. On Monday, the Sandro, Maje, Claudie Pierlot and Fursac owner named Isabelle Guichot as its new CEO, to replace Daniel Lalonde who’s off to pastures new.
Fashion
Private equity firm CD&R prepares Morrisons counter-bid - report

Private equity firm CD&R prepares Morrisons counter-bid - report

Private equity firm Clayton, Dubilier & Rice (CD&R) is poised to start a bidding war for British supermarket chain Morrisons, the target of a £6.3 billion ($8.8 billion) offer from a group led by another U.S. firm.
Fashion
Aeffe sees first-half profits soar compared to 2019

Aeffe sees first-half profits soar compared to 2019

The Italian group achieved revenue of 155 million euros in the first six months of 2021, up 30% year over year, but down 10% compared to 2019, while net earnings tripled in the two years, totaling 17.4 million euros. 
Fashion
Econyl creates B2C platform for conscious consumers

Econyl creates B2C platform for conscious consumers

Econyl, a brand of regenerated nylon made from recycled waste owned by Aquafil, is going direct-to-consumer with the launch of an online shoppable platform. 
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
Unode50 eyes US and Puerto Rico expansion post-pandemic

Unode50 eyes US and Puerto Rico expansion post-pandemic

Unode50 opened a new store on Wednesday at Plaza Carolina, marking its larger expansion plans to launch more stores in the US and the Puerto Rico markets. 
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
Liverpool One gets another thumbs-up as Dr Martens upsizes

Liverpool One gets another thumbs-up as Dr Martens upsizes

Hot on the heels of New Look announcing it’s upsizing at Liverpool One, fashion footwear brand Dr Martens is also taking on a bigger 2,000 sq ft retail space on the in-demand centre's Paradise Street.
Fashion
Boohoo cuts DaBaby ties following on-stage comments

Boohoo cuts DaBaby ties following on-stage comments

​Boohoo has moved quickly to protect its reputation, cutting its links with rapper DaBaby after what was seen as a homophobic rant during a live show at the weekend saw him coming in for heavy criticism.
Fashion
Mothercare loss widens in pandemic year, stays upbeat despite ongoing volatility

Mothercare loss widens in pandemic year, stays upbeat despite ongoing volatility

​Mothercare’s return to health was interrupted by the pandemic in the latest year, with the company’s results for the 52 to March 27 showing a much wider loss.
Fashion
Dr Martens strides ahead, American market grows fastest

Dr Martens strides ahead, American market grows fastest

Dr Martens continued its run of strong performances in the latest quarter and on Thursday the footwear specialist reported a 52% rise in group revenue for the three months to June 30.
Fashion
Saks Off 5th appoints Amazon alum as chief operating officer

Saks Off 5th appoints Amazon alum as chief operating officer

Hot on the heels of its spin-off as a standalone company, the Saks Off 5th e-commerce business has announced the appointment of former Amazon exec Shivi Shankaran as its new COO.
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