Swedish group Fenix Outdoor, owner of various outdoor apparel and equipment brands, as well as retail chains in Scandinavia and Germany, reported a 7% slump in sales in 2020, but its boss is expecting a rebound in 2021.
Not many countries manufacture as much fashion as Turkey, even if few of its designers are internationally known. That may be about to change, with fashion leaders in the process of creating a Turkish Fashion Council.
Levi Strauss & Co on Thursday raised its half-year revenue growth forecast, banking on Covid-19 vaccine rollouts to spur a return to normalcy, after the denim maker beat quarterly sales estimates on an e-commerce boost.
The US apparel and footwear group has inaugurated a 55,700-square-metrer logistics centre in Leicestershire that will generate up to 250 new jobs, and will boost the group’s business in the UK and the EMEA region.
Fashion retailer Atterley.com, which counts Alexandra Shulman as an advisor, has raised £3 million through a funding round backed by Maven Capital Partners, by Scottish Enterprise and existing shareholders.
Pure London organiser Hyve remains upbeat ahead of an expected recovery out of pandemic restrictions this year, the events company said in a trading update Thursday. It cited "growing confidence" for calendar year 2022.