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Nike skids after warning on squeeze from higher discounts, stronger dollar

Nike skids after warning on squeeze from higher discounts, stronger dollar

Nike Inc cautioned on Thursday that gross margins would remain under pressure through the year as the company joined peers in warning of a blow from ramped up discounts and a rapidly strengthening dollar.
Fashion
Paris Fashion Week: Chloé, Rick Owens and Acne Studios

Paris Fashion Week: Chloé, Rick Owens and Acne Studios

Three designers with powerful yet diverse vistas staged striking shows in Paris, testifying to the city's status as fashion’s highest plateau. Chloé by Gabriela Hearst; Rick Owens and Acne Studios by Jonny Johansson.  
Fashion
Vegan Fashion Week founder Emmanuelle Rienda on inspiring change and creating a new value ecosystem

Vegan Fashion Week founder Emmanuelle Rienda on inspiring change and creating a new value ecosystem

The Vegan Fashion Week in Los Angeles is set to take place from Oct. 10-12, in partnership with Ukrainian Fashion Week. FashionNetwork.com sat down with founder Emmanuelle Rienda, to discuss impact of the event.
Fashion
Joules 'explores CVA' option - report

Joules 'explores CVA' option - report

​Struggling Joules is reportedly exploring options for a company voluntary arrangement (CVA) as it seeks to cut its costs and stave off a collapse following the termination of talks for Next to take a stake in the firm.
Fashion
Jott to pass the 200 store-mark worldwide

Jott to pass the 200 store-mark worldwide

The French down jacket brand, taken over by L Catterton in 2021, claims to have doubled its sales in two years and is opening a flagship store in London in November. In France, it will have opened 35 new shops in 2022.
Fashion
Lululemon to open flagship store on Champs-Elysées in Paris

Lululemon to open flagship store on Champs-Elysées in Paris

The yoga and fitness apparel brand has found a new location on the Champs-Elysées in Paris, and in December will open a 515 square-meter store at number 38 of the French capital’s iconic commercial thoroughfare.
Fashion
Fashion for Good quantifies potential of reusable post-consumer textiles in Europe

Fashion for Good quantifies potential of reusable post-consumer textiles in Europe

Some 494,000 tonnes of low-value or non-reusable textiles, or 74% of those collected in six European countries, can be recycled, according to a Fashion for Good study quantifying the potential of recycling.
Fashion
ASOS unveils reborn Topshop, Topman as key part of international strategy

ASOS unveils reborn Topshop, Topman as key part of international strategy

​ASOS on Thursday announced a “bold new visual identity” for its Topshop and Topman brands that features on the standalone digital shopfront on its webstore.
Fashion
Fashion tech app start-up Seamm gets $1.7m in funding

Fashion tech app start-up Seamm gets $1.7m in funding

Seamm, a start-up digitising fashion goods for virtual worlds, has raised $1.7 million in funding “to scale go-to-market activities, attract and hire top talent, and accelerate the development of its platform”.
Fashion
GPE upbeat on key London commercial property leasing

GPE upbeat on key London commercial property leasing

Major London commercial property landlord GPE reported strong leasing activity during in its first half as demand for key capital spaces continues to attract retailers.
Fashion
Shaftesbury launches recycling test on Carnaby Street, fashion labels sign up

Shaftesbury launches recycling test on Carnaby Street, fashion labels sign up

Are You Mad. No, that’s not a question but the name of Shaftesbury’s latest consumer-facing effort to promote sustainability. The London property giant has opened its first visible recycling unit on Carnaby Street.
Fashion
Fashion is sixth-most-polluting industry globally - report

Fashion is sixth-most-polluting industry globally - report

​A new report has called out fashion as one of the world's most polluting industries, despite efforts to be more sustainable and planet-friendly.
Fashion
E-tailer BAM names Natalie O’Connell design head

E-tailer BAM names Natalie O’Connell design head

​‘Purposeful’ activewear brand BAM has named Natalie O’Connell as its new Head of Design. She’ll lead the London-based design team for both the brand’s womenswear and menswear lines.
Fashion
Ted Baker signs up for Merry Hill store

Ted Baker signs up for Merry Hill store

​Ted Baker has a lot on its plate as it prepares to join ABG and also deals with the tough economic backdrop. But it’s business-as-usual for store expansion and it's struck a deal for premium space at Merry Hill.
Fashion
Next downgrades sales and profits forecast as consumers rein in spending

Next downgrades sales and profits forecast as consumers rein in spending

​Next is one of the most successful UK fashion retailers, so when it downgrades profit guidance that it only upgraded last month, you know the sector as a whole is facing tough times. And that’s what it did Thursday.
Fashion
Russia exit dents H&M in Q3, but it sees September upturn

Russia exit dents H&M in Q3, but it sees September upturn

​H&M Group’s nine-month report showed a 13% rise in net sales. But Q3 was very weak due to the Russia exit and “many other external challenges”, although September saw a recovery.
Fashion