Fashion
Uniqlo parent company reports strong full year
The Japan-based fashion retailer Fast Retailing has reported “considerable full-year revenue and profit gains” for fiscal 2024, driven by Uniqlo’s performance both at home and abroad
Mytheresa acquires Yoox Net-a-Porter from Richemont
Richemont will sell Yoox Net-a-Porter (YNAP) to luxury e-commerce platform Mytheresa, ending years of efforts to dispose of YNAP. The transaction is expected to create a leading global multi-brand digital luxury group
Asos to cut 200 head office jobs in major restructuring
Struggling with post-pandemic challenges, the UK-based online fashion retailer plans to cut 200 head office roles as part of a restructuring process to streamline operations and drive innovation
Spain Retail: the future looks brighter for retail
Fashion sales finally picked up in July and August and are back in the green, after a worrying March. The truth is that the prospect of better economic growth and recent falls in inflation and unemployment have reassured Spanish consumers and given them a sense that the future may be brighter. All in all, this has led retailers to stock up in the hope that sales will continue to rise in the coming months. If these factors remain in place, the footwear sector is likely to end the year on a positive note
ISPO Munich teams up with Copenhagen International Fashion Fair
ISPO Munich and the Copenhagen International Fashion Fair (CIFF) have joined forces. For the first time, CIFF will be present at ISPO Munich with a partner stand, allowing for a greater fusion of sport and fashion
H&M reports weak third quarter
The Sweden-based fashion group has reported a “slow” third quarter, as sales remained flat and costs hit profits, resulting in a drop in its full year operating profit margin outlook
Portuguese shoes in the spotlight with Emily in Paris
In Emily in Paris, one of the most popular series at the moment, Lily Collins, the protagonist who plays Emily Cooper, wears a pair of sandals by the Portuguese shoe brand Alameda Turquesa
MICAM and its sisters fairs attracted 40,950 trade visitors
MICAM Milano, Milano Fashion&Jewels, MIPEL and The One Milano closed with 40,950 trade visitors, 45% of whom came from 140 foreign countries, in line with the previous edition
Asos agrees on strategic joint venture for Topshop and Topman
The UK-based group Asos has agreed to sell a majority stake in Topshop and Topman to Heartland. This move will allow the company to strengthen its balance sheet while retaining a stake in the growth potential of the two brands
Inditex continues to grow
The Spain-based fashion group has reported a strong performance in the first half of the year, with sales and net income up by 7.2% and 10.1%, respectively, on the same period of last year
Milan Fairs to return under the motto Legacy of Style
MICAM Milano, Milano Fashion&Jewels, MIPEL, The One Milano, Lineapelle and Simac Tanning Tech will return to Fiera Milano Rho from the 14th of September under the same “Legacy of Style” motto
Unfavourable weather impacts second half sales of Primark in the UK and Ireland
The parent company of Primark has reported that it expects lower revenue in the second half of the year, as wet weather in the UK and Ireland hit its performance in the region
Uniqlo appoints Clare Waight Keller as Creative Director
Japan-based Fast Retailing has announced the appointment of the British designer Clare Waight Keller as its new creative director. She has previously worked at the luxury houses Givenchy and Chloé
Zalando grows in the second quarter
The German-based online fashion retailer has seen its sales accelerate in the second quarter of the year and profitability improve. CFO Sandra Dembeck will exit the company in February 2025
Authentic announces new Ted Baker licensing partners for the US and Canada
The New York-based brand management group has announced that it has found new licensing partners for Ted Baker in the US and Canada, thus securing the future of the fashion brand in the region-
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