Fashion
PVH is selling Heritage business to Authentic Brands Group
The American-based fashion company has announced it is exiting the Heritage Brands business with Sale of IZOD, Van Heusen, ARROW and Geoffrey Beene Brands to Authentic Brands Group. PVH is reinforcing focus on the global growth of Calvin Klein and Tommy Hilfiger
Richemont: profits rise despite falling sales
Despite a still uncertain economic scenario, luxury giant Richemont managed to register net profit rising by almost 40% in the fiscal year ending at the end of March 2021
Czech Republic retail sales increase
Retail sales in the Czech Republic rose by 7.5% year-on-year in April, easing from an upwardly revised 9.2% increase in the previous month, the Prague-based Central Statistical Office (CZSO) said in a statement
Mytheresa joins Vestiaire Collective to offer resale service
Luxury e-commerce platform Mytheresa announced a partnership global app Vestiaire Collective. The partnership aims to drive the fashion industry’s shift towards more sustainable practices by introducing a resale service dedicated to Mytheresa’s high-end luxury customers
Gap to close 19 stores in the UK and Ireland
The San-Francisco headquartered fashion group said it has plans to close 19 stores in the UK and Ireland next month as part of a restructure process with the aim to return to growth
Inditex: sales grow by 50%
Sales of one of the largest fashion groups grew by 50% in the first quarter of 2021 totalling 4.9 billion euros. Online sales in local currencies grew by 67%
Informa wants to streamline the shopping experience and create more opportunities for brands
After bringing you the latest about Informa's next editions of its US shows, today we bring you the second part of our conversation with Jordan Rudow, VP of Events. Read about her views on the trade shows and the footwear industry
Informa announces new editions for its US events
The company organising footwear events such as Magic, Project and Coterie, recently announced a new calendar of events for footwear in the US. We have spoken with Jordan Rudow, VP of Events to learn more about the new dates and events
UK: footfall improves as restrictions ease
According to what has been revealed by the British Retail Consortium (BRC), in the four weeks period running from the 2nd to the 29th of May, total UK footfall decreased by 27.7% in May (Yo2Y)
British Retail Consortium talks about promising signs
The UK trade association for retail businesses confirms a total sales increase of 7.3% in the month of April, following the reopening of brick of mortar. However, the British Retail Consortium (BRC) this is still fragile
UK: online retail sales grow despite high street reopening
Online retail sales have continued to grow in April, rising 10.2% year-on-year, despite the reopening of the high street and against strong figures for April 2020. The latest IMRG Capgemini Online Retail Index reports
Zalando upgrades its outlook for fiscal 2021
Following exceptionally strong and profitable growth in the first quarter, continued elevated growth levels in the second quarter, and a stable outlook for the second half of the year, Zalando is upgrading its outlook for the current fiscal year
Zalando launches pre-owned in 7 new markets
After the launch in October 2020 in six European countries, the ecommerce giant has now fuelled the internationalization process of its “Pre-owned” business, by making it available in seven new markets-
Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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