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Goat raises $100 million to fund growth

Goat raises $100 million to fund growth

Goat announced on Wednesday the closing of a Series E funding round of $100 million from D1 Capital Partners, which looks to accelerate the company's growth across its product categories and geographies. 
Fashion
Moose Knuckles unveils new pop-up concept in Düsseldorf

Moose Knuckles unveils new pop-up concept in Düsseldorf

The experiential store concept will be rolled out across various cities including London, Milan, Stockholm and Amsterdam over the next three months, FashionNetwork.com can reveal.
Fashion
Joules recovery starts, sales beat expectations, led by e-tail

Joules recovery starts, sales beat expectations, led by e-tail

​Joules had reasonably upbeat news on Wednesday, saying that its performance in its first quarter has been encouraging, despite the challenging trading conditions. 
Fashion
Stitch Fix returns to revenue growth, disappoints with net loss

Stitch Fix returns to revenue growth, disappoints with net loss

Following a rough Q3 caused by coronavirus-related disruptions, the online styling service announced an uptick in revenues in the fourth quarter but failed to impress Wall Street with a net loss of $44.5 million.
Fashion
J.Crew shuts UK stores, opts for online focus

J.Crew shuts UK stores, opts for online focus

J.Crew is closing all six of its UK locations, including the massive flagship on Regent Street, calling in liquidators to its British operation and will serve the British market via its global webstore.
Fashion
Walmart launches new Free Assembly fashion brand

Walmart launches new Free Assembly fashion brand

Launched on September 21, the premiere Free Assembly collection includes more than 30 items for women and 25 items for men for fall, all priced between $9 and $45. 
Fashion
Ascena receives court approval for reorganization plan

Ascena receives court approval for reorganization plan

Having filed for Chapter 11 bankruptcy in July, the Mahwah, New Jersey-based owner of Ann Taylor and Lane Bryant has received court approval for its reorganization plan, which must now be approved by its creditors.
Fashion
Mytheresa's e-commerce revenues jump 20%

Mytheresa's e-commerce revenues jump 20%

The German luxury retailer has reported annual revenues of 450 million euros, up from 377 million euros in the previous year, growth driven by a 20% rise in the company's e-commerce sales. 
Fashion
Aldo UK arm sold to Bushell Investment

Aldo UK arm sold to Bushell Investment

​The trade and assets of Aldo UK have been sold to the Bushell Investment Group (BIG), we were told on Monday.
Fashion
P.Diddy links with Missguided for first womenswear collab

P.Diddy links with Missguided for first womenswear collab

Fast fashion e-tailer Missguided is continuing to focus on high-profile collabs with the company on Monday announcing that it has linked with P.Diddy, via his streetwear brand Sean John, for a major womenswear launch.
Fashion
Asda sale imminent, two groups place bids around £6.5bn - report

Asda sale imminent, two groups place bids around £6.5bn - report

​The sale of UK supermarket chain Asda, which is also one of the UK’s biggest fashion sellers via its George label, could happen as soon as the end of this week.
Fashion
Zalando launches pre-owned in two markets, more to come next month

Zalando launches pre-owned in two markets, more to come next month

​Zalando shoppers in Germany and Spain can now buy and trade-in pre-owned fashion directly on the platform with Belgium, France, the Netherlands and Poland to follow next month, the company said on Monday.
Fashion
UK retail in shock as government to end tax-free shopping for non-EU tourists

UK retail in shock as government to end tax-free shopping for non-EU tourists

The UK government is being urged to reconsider its decision to almost completely opt out of tax-free shopping at the end of the year with retailers and the bodies that represent them saying it would be a catastrophe.
Fashion
Edinburgh Woollen Mill not for sale but Peacocks valuation sought

Edinburgh Woollen Mill not for sale but Peacocks valuation sought

​There’s speculation this week that value fashion chain Peacocks might be sold at some point as its owner Philip Day seeks a valuation for the chain. 
Fashion
Superdry hurt by lockdowns but recent trading improves

Superdry hurt by lockdowns but recent trading improves

​The pandemic may only have affected the final period of Superdry's latest financial year, but its performance was “materially impacted” by Covid-19 disruption, the company said as it delivered its results on Monday. 
Fashion
Telfar announces collaboration with Ugg

Telfar announces collaboration with Ugg

The collaborative collection between Telfar and Ugg is set to launch in 2021, consisting of 10 pieces across accessories, apparel and footwear. 
Fashion