Authentic Brands Group withdraws IPO plans By Reuters Apparel chain operator Authentic Brands ABG’s portfolio includes brands such as Forever 21. Photo: Forever 21 x Everlast collection The company, which did not give a reason for shelving its listing, had…
Boohoo delivers good news on trading, hails strong performance Boohoo Boohoo It came as a welcome relief to the company’s under-pressure share price as the shares rose in double-digits in early trading after having fallen sharply in recent months. The…
H&M focuses on future growth as sales and profits soar H&M H&M The quarter’s net sales in local currencies increased by 11% and were up 8% in SEK at SEK56.8 billion (€5.4bn). Gross profit rose 14% to SEK31.3 billion with…
Esprit names Raphael Heinold as SVP head of wholesale and brand merchandising in Europe By DPA Translated by Roberta HERRERA Hong Kong-based fashion brand Esprit Esprit Over the course of his career, Heinold also served as product director at Tom…
Bershka offers customization of products through Custom Lab Translated by Roberta HERRERA The InditexBershka Through the brand’s app, clients will be able to customize their garments and accessories – Bershka Clients will be able to choose how to accent their…
Modtissimo’s triumphant return to Exponor Translated by Roberta HERRERA Modtissimo returns to Exponor after almost two decades of absence. After hosting the textile show between 1993 and 2005, the exhibition space once again welcomed professionals from the industry during this…
Russian shopping malls lose up to 30% of footfall By Reuters Russian shopping malls are “de-energised” and have lost up to 30% of their footfall following the exodus of Western brands, the son of one of Russia’s most prominent property…
Skechers names Doja Cat its first artist-in-residence SkechersCat Skechers names Doja Cat its first artist-in-residence. – Skechers Doja Cat first made the announcement during her performance at the TIME100 gala in New York on Wednesday night, where she wore a…
HanesBrands records better-than-expected sales on Champion, innerwear American apparel company HanesBrands announced on Thursday better-than-expected results for the full-year 2021, on the back of increased sales its in innerwear segment and a stellar performance at its Champion The Winston-Salem, North…
Primark to cut 400 management roles, won’t raise prices Primark Photo, Sandra Halliday Despite reporting a return to strong sales over the Christmas period, the value fashion and lifestyle retailer is having to offset the high costs related to Covid…
