News
Neonyt and FASHN ROOMS join forces in Düsseldorf
The two independent trade shows, which took place from the 28th to the 30th of January in Düsseldorf, launched the first-ever joint conference format on fashion and sustainability
JD Sports announces new growth strategy for the next 5 years
The retailer has announced that is setting in motion a new strategic approach for the next five years, which includes plans to a "significant" retail expansion and brand-new financial growth goals
Pakistan and Russia agree to enhance bilateral trade
The Islamabad Chamber of Commerce and Industry (ICCI) has signed a Memorandum of Understanding with the Moscow Chamber of Commerce and Industry (MCCI) to promote trade between the two countries
Skechers announces record annual sales
The US-based company reported an increase in sales of 18% in 2022, year-over-year, reaching a record total of 7.4 billion US dollars, as the result of four quarterly sales records
H&M confirms full year sales increase
Despite a "turbulent year characterized" by "geopolitical challenges and substantial cost inflation", the Sweden-based fashion group posted a full year 2022 sales increase of 12% over fiscal 2021
Nike sues lululemon over patent infringements
The US-based sportswear company has filed a complaint against the Vancouver-based apparel company for patent infringement related to at least four of the company's latest shoe releases
Inspiramais talks of design and sustainability in the fashion industry
The latest edition of Inspiramais unveiled over a thousand innovative and sustainable materials while promoting significant discussions about sustainability and design in the fashion industry
VF Corp opens design collective and regional office in Tokyo
The owner of brands such as Timberland and Vans, among others, has announced the launch of the Tokyo Design Collective alongside an office in the city's Harajuku district to boost its creative reach
Ferragamo reports full year revenue growth
The Italian-based luxury group has announced preliminary consolidated results for the year 2022. Sales grew in all regions, except for Asia Pacific, due to a COVID-19-related slowdown in China
Luxury's US growth may slow down
Several analysts believe that the looming recession and rising lay-offs are darkening luxury's outlook in the country for the coming months, following a period of strong sales
Tod's Group turnover exceeded one billion euros in 2022
The Italian-based luxury group posted revenue growth of 13.9% in 2022, year-over-year, thus exceeding the one billion mark, driven by the retail channel and Tod’s brand performances
Brazilian Arezzo buys footwear brand Vicenza
The Brazilian 'house of brands' has announced the acquisition of Vicenza by 103.8 million Brazilian reais (20.3 million USD), as part of its expansion strategy in the fashion and retail businesses
Sabato De Sarno is Gucci's new Creative Director
The French-based Kering has announced that Sabato De Sarno, currently the fashion director of men's and women's ready-to-wear at Valentino, will assume the role of Creative Director of Gucci
Savana launches Braille & Sustainability project
The Portuguese company specialized in the production of children's footwear won the competition Metal Show with the development of a boot for blind children made from sustainable materials
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