Superdry sales disappoint, considers further fundraising and cost-cut actions Superdry Superdry Sales are growing but more slowly than hoped for, it has withdrawn its profit guidance, and it’s considering raising funds via an equity issue. The company said retail sales…
Global online fashion sales up 12% in December: True Fit Global digital fashion sales recorded double-digit growth for the month of December, as retailers closed out 2022 with strong performances despite economic headwinds and rising price-sensitivity among shoppers, according to True Fit.…
Klépierre to invest 15 million euros in remodelling the Maremagmun shopping centre Translated by Roberta HERRERA Klépierre, a European company specialising in the development and management of commercial assets, will allocate 15 million euros to the remodelling and repositioning of…
Podcast: Mossi Traoré of Mossi reveals his socially engaged fashion vision Translated by Nicola Mira In this new episode of the LuxurynsightXFashionNetwork podcast series (in French), MossiGodfrey DeenyFashionNetwork.com Traoré tells the story of his early days in fashion: from his…
Tom of Finland reveals new collaborations for 2023 Over the last 10 years, more than 30 brands, from Comme des Garçons to Diesel Tom of Finland x Rufskin’s capsule collaboration Very prolific, the Tom of Finland license led by Joakim…
Luxottica and Bulgari are not renewing their eyewear license agreement Translated by Cassidy STEPHENS LuxotticaBulgariLVMH Un modèle de lunettes Bulgari – luxottica.com “The two companies will continue to work together until their agreement expires at the end of the year,”…
Shein hosts Design Summit for aspiring designers and artists Online fast-fashion retailer Shein Shein hosts Design Summit for aspiring designers and artists. – Shein The day-long summit featured designer-dedicated programming and networking opportunities, including panels with LaQuan SmithLaura KimMonse and Josephine Skriver,…
WBA revisits Boots sale plan as sales rise at the chain BootsWalgreens Photo: Sandra Halliday The US parent is under pressure to break up the global pharmacy giant it has built, according to financial website This Is Money. Investors and board…
H&M to cut 1,500 jobs to reduce costs Swedish group H&M Reuters H&M, the world’s No. 2 fashion company with about 155,000 employees, launched a plan in September to save SEK 2 billion a year. “The cost-cutting and efficiency improvement…
True Religion launches new loyalty programme to boost DTC growth By Fibre2Fashion American denim and sportswear brand True Religion True Fam offers a three-tiered loyalty programme that allows members to earn and redeem points across all consumer touchpoints, including in-store,…
