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UK consumer confidence remains buoyant

UK consumer confidence remains buoyant

UK consumer confidence finally edged ahead of its March 2020 pre-lockdown score in July, with shoppers in a spending frame of mind. It was still negative (at -7), but it's held firm or improved for six months in a row.
Fashion
Stockmann cautiously upbeat as Q2 performance accelerates

Stockmann cautiously upbeat as Q2 performance accelerates

​Finnish retail giant Stockmann's Q2 and half-year results showed a dramatic improvement all round. Revenue rose over 20% in the last three months, while the gross margin and adjusted operating profits jumped too.
Fashion
Fears for Morrisons as lead bidder will look at property assets

Fears for Morrisons as lead bidder will look at property assets

​Concerns have emerged that Morrisons may face heavy costs after it's been taken over by private equity. The lead bidder will conduct a review of the property portfolio, raising the spectre of sale/leaseback deals.
Fashion
Fashion falters in June but online spend remains strong say official stats

Fashion falters in June but online spend remains strong say official stats

Uk retail sales rose last month, official figures showed, although clothing was down. That said, consumers are still buying fashion online in higher numbers than ever.
Fashion
Ted Baker on the move to new HQ as commercial rents plummet

Ted Baker on the move to new HQ as commercial rents plummet

In a surprise move, Ted Baker said on Friday that it’s moving to a new London HQ. It will resettle in Fitzrovia, with the new home costing much less than the existing head office it has operated from for 20+ years.  
Fashion
Decathlon becomes a partner for Paris Olympics 2024

Decathlon becomes a partner for Paris Olympics 2024

Sporting goods distribution giant Decathlon is joining the club of partners as part of the organisation of the Paris Olympics 2024. As part of this, Decathlon will dress 45,000 volunteers during the event.
Fashion
Kontoor Brands appoints EVP global communications and public affairs

Kontoor Brands appoints EVP global communications and public affairs

Kontoor Brands, Inc. announced on Thursday the appointment of Mame Annan-Brown as executive vice president of global communications and public affairs. 
Fashion
Skechers sales skyrocket as consumers seek out comfortable shoes

Skechers sales skyrocket as consumers seek out comfortable shoes

The American lifestyle and performance footwear company reported second-quarter sales of $1.66 billion on Thursday, reflecting strong progress achieved by capitalizing on a growing desire for comfortable shoes.
Fashion
Crocs reports record Q2 revenues, announces net zero emissions target

Crocs reports record Q2 revenues, announces net zero emissions target

The Colorado-based footwear maker reported record Q2 revenues of $640.8 million on Thursday, a year-over-year increase of 93.3%, and revealed a new goal to become a net zero emissions company within the next decade.
Fashion
LVMH Prize to be awarded on September 7 in Paris

LVMH Prize to be awarded on September 7 in Paris

The group has announced the final of its competition for young designers. Set to take place on September 7 at the Fondation Louis Vuitton, the event's highlights will, for the first time, be broadcast via social media. 
Fashion
France fines Luxottica 125 mn euros for pricing abuses

France fines Luxottica 125 mn euros for pricing abuses

French competition regulators said Thursday they had fined Italian eyeglass giant Luxottica 125 million euros ($147 million) for forcing its prices and other sales terms on opticians.
Fashion
Immaculate Vegan secures new funding to drive growth in key markets

Immaculate Vegan secures new funding to drive growth in key markets

High-end online fashion and beauty retailer Immaculate Vegan has secured £400,000 in funding on the back of impressive revenue gains. The new capital will help it drive future growth in its key target markets.
Fashion
Giorgio Armani announces environmental goals

Giorgio Armani announces environmental goals

Italian luxury brand Giorgio Armani has committed to reducing its direct greenhouse gas emissions by 50% by 2030 in line with the objectives set out in the Paris Agreement.
Fashion
Cecilie Copenhagen changes name to Summery

Cecilie Copenhagen changes name to Summery

​Cecilie Copenhagen said on Thursday that it’s changing its name to Summery Copenhagen on 29 July.
Fashion
Clothing spend booms in latest quarter - Nationwide report

Clothing spend booms in latest quarter - Nationwide report

​Britons have been spending more money on clothing in the past few months, as well as visiting charity shops more often.
Fashion
AllSaints loses creative director as he focuses on Shoreditch Ski Club

AllSaints loses creative director as he focuses on Shoreditch Ski Club

​AllSaints needs to find a new creative director with the long-term incumbent, Wil Beedle, leaving the business to focus on his own Shoreditch Ski Club (SSC) label.
Fashion