Despite a decline in fashion sales in January, February bucked the trend, and the data points to a stable performance for the sector in 2025, with online taking the lead. Although the deflation in the apparel and footwear sectors is not good news, retailers in general remain optimistic about the future - as shown by the import data - supported by the economic growth the country has experienced and is expected to continue to experience
Set to debut alongside Düsseldorf Fashion Days, TWODAYS introduces a compact and refreshed approach centred on concentration, quality and relevance—paired with Neonyt’s sustainable fashion platform
Associated British Foods (ABF) has announced that Paul Marchant has resigned as CEO of Primark amid allegations of misconduct. He will be replaced on an interim basis by Eoin Tonge, ABF’s finance director
After its German parent company was declared insolvent, the Dutch branch of women’s fashion chain Gerry Weber has filed for suspension of payments. This is the third bankruptcy in six years
The US department store chain has shuffled its executive team to drive its Bold New Chapter strategy. In particular, Thomas J. Edwards will become chief operating officer and chief financial officer
The Sweden-based fashion group has posted weaker-than-expected first quarter results, but remains optimistic about the future as it continues to focus on long-term profitable growth
The Singapore-based fast-fashion giant has confirmed it will press ahead with its IPO plans amid potential tariffs and an uncertain economic environment. London listing in the spotlight
The Spain-based fashion group, which owns Zara and Massimo Dutti, among others, has reported a strong performance for the fiscal year 2024, with both sales and profits up year-on-year
The Spain-based fashion retailer has posted strong results for fiscal 2024, with turnover up by 7.6% and net profit up by 17% as compared to the previous year
The China-based fast fashion giant has reported that it is experiencing strong growth. The reassurance came after US President Donald Trump first announced the end of the minimis rule
The Germany-based online multi-brand retailer has become the exclusive retail partner for the Belgian fashion designer Diane von Furstenberg (DVF) in Europe
The US-based footwear company has signed an exclusive licensing agreement to launch the first line of Favorite Daughter shoes, starting with the Fall 2025 season
While the online channel continues to stand out in a retail market that has seen a slight increase in spending since September 2024, the fashion sector has struggled the most, most likely due to the warm weather that has affected seasonal shopping. For footwear in particular, after a year of low prices, there’s reason to wonder if the picture of near-zero interest rates could hurt consumer behaviour, as their confidence wanes. The overall stability of imports, despite currency fluctuations, doesn't allow for a concrete forecast
The Spain-based fashion group continues to expand its presence in the UK. As part of its 4E 2024-2026 Strategic Plan, 20 new store openings are planned for 2025