U.S. retail sales unexpectedly increased in August, boosted by back-to-school shopping and government child tax credit payments, which could temper expectations for a slowdown in economic growth in the third quarter.
Ambitious and industry leading is how ASOS describes the next phase of its “stretching” Environmental, Social, and Corporate Governance (ESG) goals. It includes a commitment to achieve carbon Net Zero by 2030.
The Hut Group continued to go from strength to strength in the first half of the year with group revenue rising almost 45% to £958.8 million year-on-year, and rising 95% compared to the first six months of 2019 (2YoY).
Premium fashion retailer Reiss had plenty of good news on Thursday. It announced a move into kidswear for the first time in 50 years, a link-up with Castore, and said that it's recovered strongly from the pandemic.
Supredry's store sales are recovering from the pandemic but it's still in a tough situation and a trading update added on to its full-year results show it's nowhere near the sales it acheived pre-pandemic.
In an optimistic outlook for the upcoming Christmas trading period, The John Lewis Partnership (JLP) is to recruit more than 7,000 temporary seasonal staff across the country — 2,000 more than last year.
Primark, one of Europe's biggest fast fashion chains, has vowed to cut its environmental impact without increasing prices by using more recyclable materials, making clothing more durable, and improving wages for workers.
Zalando is marking the one-year anniversary of it entering pre-owned with a new marketing campaign underlining the importance of the category following huge growth in the number of items available since its launch.
H&M Group’s Q3 sales rose 14% year-on-year (YoY), the Swedish fashion retail giant said on Wednesday. That said, the figure was in local currencies and when converted to Swedish Krona, the rise was only 9%.
Fashion retail giant Inditex said on Wednesday that its recovery is continuing to gain momentum with its sales, EBITDA and net income in the second quarter of its financial year reaching "historic highs”.