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Stitch Fix disappoints with sales, swings to loss

Stitch Fix disappoints with sales, swings to loss

The San Francisco-based fashion subscription service reported lower than expected Q2 net sales of $504.1 million on Monday, up 12% year over year from $451.8 million. The company’s quarterly net loss was $21.0 million.
Fashion
Gap reportedly weighing sale of China business

Gap reportedly weighing sale of China business

Apparel retailer Gap Inc is weighing options including a potential sale of its China business, Bloomberg reported on Monday, citing people with knowledge of the matter. 
Fashion
Mango sees sales drop 22.4% but softens impact of Covid-19 thanks to digital

Mango sees sales drop 22.4% but softens impact of Covid-19 thanks to digital

The company's revenues fell from 2.37 billion euros to 1.84 billion euros in 2020. Online sales grew 36% year over year to 766 million euros, representing 42% of total revenues, while EBITDA came to 193 million euros. 
Fashion
Balmain: Around the world in 80 outfits

Balmain: Around the world in 80 outfits

You can’t keep a good showman down. And few are better fashion fantasists than Olivier Rousteing of Balmain, whose latest collection was an homage to the one thing all of us have been gasping for – travel.
Fashion
Jeanologia and Anish India Exports launch women-led 100% sustainable garment finishing plant

Jeanologia and Anish India Exports launch women-led 100% sustainable garment finishing plant

Gurugram-based apparel manufacturer Anish India Exports and technology development business Jeanologia have launched a women-led 100% sustainable garment finishing plant ‘Laundry 5.Zero’. 
Fashion
Momad, Intergift, Bisutex, MadridJoya trade shows to be staged virtually from April 15

Momad, Intergift, Bisutex, MadridJoya trade shows to be staged virtually from April 15

Spanish show organiser Ifema will exceptionally hold its forthcoming fashion, gift and jewellery events 100% online via the LiveConnect platform, with the next physical editions planned for September.
Fashion
Maison Rabih Kayrouz launches new ready-to-wear line MRK

Maison Rabih Kayrouz launches new ready-to-wear line MRK

For Paris Fashion Week, the Lebanese designer has unveiled MRK, a new, more affordable ready-to-wear line revisiting the classic women’s wardrobe staples with a sophisticated, minimalistic mood.
Fashion
Fashion giant H&M pauses placing new orders in Myanmar

Fashion giant H&M pauses placing new orders in Myanmar

Sweden's H&M, the world's second-biggest fashion retailer, said on Monday it was shocked by the use of deadly force against protesters in Myanmar and that it had paused placing orders in the country.
Fashion
Seven Dials names pop-up incubator winners

Seven Dials names pop-up incubator winners

​The Seven Dials area of London is to welcome four emerging, female-led brands via individual pop-up retail space, major landlord Shaftesbury said on Monday.
Fashion
M&S doubles global webstores with launches in 46 new countries

M&S doubles global webstores with launches in 46 new countries

M&S has launched webstores in 46 new international markets as it works to boost its global sales, “instantly expanding online reach to over 100 countries and enabling millions more customers to purchase M&S products”.
Fashion
Asda mulls George clothing sale, could add beauty salons

Asda mulls George clothing sale, could add beauty salons

​Asda’s new owners are planning a radical transformation of the chain that could see new services such as nail bars and beauty salons, more third-party concessions, and the sale of its George clothing operations.
Fashion
Online sales reached record high last month, helped by fashion

Online sales reached record high last month, helped by fashion

​UK retail sales fell again on a like-for-like basis last month, but there was good news on fashion for once as its sales fall was small and it helped drive online like-for-likes to a record high.
Fashion
This weekend in Paris: Altuzarra, Elie Saab, Dice Kayek, Zadig & Voltaire and Givenchy

This weekend in Paris: Altuzarra, Elie Saab, Dice Kayek, Zadig & Voltaire and Givenchy

A busy weekend of action at the virtual Paris Fashion Week, where most of the online videos were shot thousands of miles away from the French capital. We look at five of the most notable houses over this past 48 hours.
Fashion
Vaquera: Waiting in the wings for the party to come

Vaquera: Waiting in the wings for the party to come

Get ready for the party - but comfortably - was the New York label's message this season, referencing 1980s-inflected performancewear and transforming the codes of lockdown dressing.
Fashion
Tailored Brands receives $75 million in new financing

Tailored Brands receives $75 million in new financing

Tailored Brands announced on Friday the closing of a $75 million investment, nearly three months after exiting bankruptcy.
Fashion
Foot Locker appoints Melody Ehsani as creative director of women's business

Foot Locker appoints Melody Ehsani as creative director of women's business

The American sports and footwear retailer has named the LA-based designer behind the Melody Ehsani streetwear brand as the first creative director of its women’s business.
Fashion