European Topsoho, owner of the SMCP group and a subsidiary of China's troubled Shandong Ruyi group, seems unable to repay its bond debt maturing on Tuesday, and its creditors might acquire a stake in the company.
African fashion is this month’s headline act, notably championed by Balenciaga and Virgil Abloh, with Friday’s Parisian show organised by Africa Fashion Up, and Afro Fashion Week scheduled in Milan on September 23-26.
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.
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.
The CFDA announced on Wednesday the nominees and honorees for the CFDA Fashion Awards spotlighting Ashley Olsen and Mary-Kate Olsen, Emily Adams Bode and Catherine Holstein, among other Fashion Awards nominees.
Called Junk Kouture, it’s a major sustainable fashion initiative for students with an ambitious global target. The programme challenges students aged 13-18 to create bespoke garments using only recycled materials.
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.
FatFace CEO Liz Evans is to join Asda as MD of its George unit, a move widely rumoured since the summer. Meanwhile, The FatFace Group has named Will Crumbie as its CEO, moving up immediately from his current CFO post.
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”.
Not every designer inspires to be a revolutionary artist. Some have more direct goals, like creating empowering and wearable clothes for multiple situations. Like Hellessy, by ex-expert merchandiser Sylvie Millstein.