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​Cash rich JD Sports ahead in race to buy Arcadia's key warehouse

​Cash rich JD Sports ahead in race to buy Arcadia's key warehouse

JD Sports Fashion may have lost out in the bidding race for some of Arcadia’s prime fashion brands but it has had more luck in the real estate stakes.
Fashion
H&M unveils Simone Rocha campaign, focuses on uplifting themes

H&M unveils Simone Rocha campaign, focuses on uplifting themes

​H&M has unveiled its new campaign to support the Simone Rocha collaboration collection that debuts next week. It was shot by Tyler Mitchell “in his signature optimistic style”.
Fashion
Bestseller's Vero Moda and Name It embrace live-stream shopping

Bestseller's Vero Moda and Name It embrace live-stream shopping

​As more and more reports suggests that live-stream commerce will be key in this decade, Bestseller has embraced the trend and has just held live-stream events for two of its brands.
Fashion
Foot Locker posts 5.7% decline in revenue in 2020

Foot Locker posts 5.7% decline in revenue in 2020

The American owner of stores including Foot Locker and Runners Point has announced revenue of $7.55 billion for 2020, down 5.7% from the previous year, while the company's net earnings fell 34% to $323 million. 
Fashion
John Lewis is opening concessions in sister brand Waitrose

John Lewis is opening concessions in sister brand Waitrose

​John Lewis Partnership has been quietly opening John Lewis department store concessions in its Waitrose supermarkets. And while only a few have opened so far, it's reportedly planning to speed up this process.
Fashion
Global Fashion Group hails rising sales and key profit milestone

Global Fashion Group hails rising sales and key profit milestone

​Global Fashion Group’s Q4 results on Monday showed the company continuing to grow its sales and reaching its first-ever positive adjusted EBITDA figure for the full year.
Fashion
In The Style stock exchange listing to happen this month

In The Style stock exchange listing to happen this month

In The Style Fashion Limited has formally announced its intention to float on AIM — the same market of the London stock exchange that hosts the listings for ASOS and Boohoo. Its shares should debut on March 17.
Fashion
£5bn funding due in Budget to get stores up and running again

£5bn funding due in Budget to get stores up and running again

This week’s UK Budget is set to include £5 billion of funding for grants (known as restart grants) to struggling businesses, including shops and salons.
Fashion
Birkenstock steps into big league with new luxury owners

Birkenstock steps into big league with new luxury owners

Germany's flat sandal maker Birkenstock stepped into the luxury league on Friday, with an LVMH-backed company and the French group's billionaire owner Bernard Arnault snapping up the iconic brand.
Fashion
Allbirds launches plastic-free Plant Leather with Natural Fiber Welding investment

Allbirds launches plastic-free Plant Leather with Natural Fiber Welding investment

​Ethical footwear brand Allbirds has invested $2 million into a material innovation firm, Natural Fiber Welding, and the result is what it claims to be the world’s most sustainable leather alternative for fashion.
Fashion
Steve Madden ends year with revenue decline

Steve Madden ends year with revenue decline

Steve Madden Ltd. announced a 32.8 percent decrease in full year revenues on Thursday, as the company continues to feel the effects of the Covid-19 pandemic. 
Fashion
Wolverine Worldwide posts quarterly loss of $171 million

Wolverine Worldwide posts quarterly loss of $171 million

The Rockford, Michigan-based outdoor and active apparel and footwear company reported a Q4 net loss of $170.7 million on Thursday, as quarterly revenues fell 16.1% year over year.
Fashion
Birkenstock 'to be sold' to L Catterton for €4bn - report

Birkenstock 'to be sold' to L Catterton for €4bn - report

​It looks like the long rumoured private equity takeover of family-owned Birkenstock could actually be happening soon. L Catterton, the group with close links to LVMH, is said to be “nearing an agreement” to buy it.
Fashion
River Island, Mountain Warehouse sign Clipper Logistics deals, automation is key

River Island, Mountain Warehouse sign Clipper Logistics deals, automation is key

​The two major name retailers have signed deals with logistics specialist Clipper Logistics, with the details of the deals highlighting how important automation and omnichannel have become.
Fashion
N Brown chairman to leave, successor already lined up

N Brown chairman to leave, successor already lined up

Online retail group N Brown said Thursday that its chairman Matt Davies is stepping down from his post at the end of next month in order to “spend more time on his other business activities”.
Fashion
Latest lockdowns make £1.1bn dent in Primark sales

Latest lockdowns make £1.1bn dent in Primark sales

Primark will have lost around £1.1 billion worth of sales due to lockdowns and other restrictions in the 27 weeks up to the end of this month, the value retailer said on Thursday.
Fashion