The footwear brand reported record first-quarter net sales on Thursday, which nonetheless came in under analysts’ expectations, as the company’s strong international progress was dragged down by slipping sales in the US.
Wembley Park’s London Designer Outlet (LDO) will see two major openings in the next few weeks with on-trend brand Champion set to open its first UK outlet store there while Beauty Outlet will also open a large shop.
The bidders for failed footwear and fashion chain LK Bennett are believed to include shoe retailer Dune. Offers have been lodged this week and a preferred buyer for the company should be chosen within the next few days
American Eagle Outfitters, Inc. is planning to expand its American Eagle and Aerie brands throughout Europe, signing a multi-year license agreement with AEO EU, a partnership of European brand builders led by Sunil Shah.
Skechers announced on Tuesday that it has purchased the minority share of its Indian joint venture, making the business a wholly-owned subsidiary of the footwear company as it looks to boost its presence in the country.
Apparel maker VF Corp raised its full-year revenue and profit forecast on Friday, as demand for its high-margin, popular Vans sneakers continues to boost sales, sending the company’s shares up as much as 15 percent.
A raft of major fashion names have benefited from the rise of street fashion and luxury’s growth in the past decade with a new study of Google search data showing just how popular some brands have become in the UK.
A new report analyzing forced labor risks within the supply chains of 43 apparel and footwear companies found discouraging results, with LVMH, Salvatore Ferragamo, Prada, Skechers and Footlocker earning poor scores.