Fashion likes nothing more than a debut, and the biggest one in Italy this season was designer Glenn Martens at Diesel, the avant-garde Belgian designer, making some bold moves at the Italian streetwear giant.
The UK’s luxury department stores continue to add new brands to their line-ups and the latest addition is Good American, which this week launched a brand-new space in Knightsbridge luxury mega-emporium Harrods.
Christian Dior unveiled a caryatid Cruise 2022 collection in Athens on Thursday evening, metaphysical mode by its creative director, Maria Grazia Chiuri, unveiled inside the city’s giant Panathenaic Stadium.
H&M Group’s net sales rose as much as 75% in local currencies during Q2 (the March to May period), although given the strengthening Swedish Krona, its revenues translated into ‘only’ a 62% rise on a total basis.
John Lewis has big plans to increase its fashion sales and is to add 100 new third-party fashion brands to its line-up over the next year as labels supply their products directly on johnlewis.com for the first time.
The owner of brands including Umbro and Lee Cooper announced on Friday that it has entered into a definitive agreement to be acquired by an affiliate of Lancer Capital, a deal which values Iconix at around $585 million.
Italy's Marcolin Group has renewed in advance an exclusive license agreement with Guess for the design, manufacture and sale of Guess and Marciano branded spectacles, the eyewear company said on Thursday.
Gap has confirmed that it’s to close 19 UK and Republic of Ireland stores this summer. It follows a bruising pandemic period and news backs in October that the US firm was launching a review of its European business.
Inditex bounced back with a vengeance in Q1 with the Spanish fashion retail giant reporting higher profits and saying its sales grew 50% year-on-year. Sales in Q2 so far have also exceeded those of Q2 2019.
The UK fashion industry is on notice. The government is launching a major initiative to crack down on workplace abuse, with particular attention to garment production, in a bid to improve and protect workers’ rights.
Fast Retailing’s Uniqlo interrupted a fairly strong record of rising Japanese same-store sales during May as the company recorded a 0.6% drop year-on-year. That said, total sales did manage to increase by 3.6%.