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Wholesale is bouncing back says JOOR
The drive towards DTC and away from wholesale appears to be stalling with wholesale management ecosystem JOOR saying global fashion brands are forecasting “exceptional growth of 27% in their wholesale channels”.
Fashion
Paris Saint-Germain opens storefront in Las Vegas
France's most successful football club Paris Saint-Germain (PSG) has opened a new permanent store location in Las Vegas.
Fashion
Destocking issues give Coats a tough half-year ride
Widespread industry destocking and tough year-ago comparisons have continued to hurt Coats Group with the UK-based threads and footwear components giant seeing its half-year revenues and earnings fall.
Fashion
AllSaints has a year to remember with record performance
All hail AllSaints. The UK-based fashion retailer had a strong 12-month trading period to 28 January, delivering record sales and profits.
Fashion
Peter Do x Banana Republic; Natura results; Columbia product chief; The Buckle results
Designer Peter Do is launching a Banana Republic collab with a capsule collection that will drop in selected stores and online in October. It feeds into the quiet luxury trend and is available with only unisex sizing.
Fashion
Finnish company Marimekko expands to Vietnam and Malaysia
Finnish company Marimekko continues to expand its business in Asia and has opened two new markets, Vietnam and Malaysia, in a loose-franchise partnership with Jaspal Group.
Fashion
H&M says it will "phase out" sourcing from Myanmar
The world's second-biggest fashion retailer H&M has decided to gradually stop sourcing from Myanmar, it told Reuters on Thursday, as reports of labour abuses in garment factories in the country increase.
Fashion
Coach parent Tapestry forecasts weak 2024 on soft U.S. demand
Coach parent Tapestry, which agreed to buy Capri Holdings last week, forecast fiscal 2024 profit and sales below estimates on Thursday after waning U.S. demand for its luxury handbags hurt fourth-quarter results.
Fashion
TJX lifts annual forecast on demand for discounted apparel
TJX Cos raised its outlook for fiscal 2024 on 16 August, buoyed by steady sales of its discount apparel and accessories and an uptick in demand for home decor goods.
Fashion
G-III plans major sports comeback for Iconix-owned Starter
Starter, the sports-apparel brand that was popular in the 1990s, is plotting a comeback for its old-school styles and is in talks for new deals and endorsements.
Fashion
'Uniqlo: C' sub brand is retailer's first collab with Clare Waight Keller
Uniqlo has revealed its first-ever collaboration with former Chloé and Givenchy creative chief Clare Waight Keller, her first major project since leaving Givenchy in 2020.
Fashion
H&M probes Myanmar factory abuses as pressure intensifies
H&M is following up on 20 alleged instances of labour abuse at Myanmar garment factories that supply the world's second-largest fashion retailer, just weeks after Inditex said it's phasing out purchases from there.
Fashion
US retail sales top forecasts, clothing is strong
US retail sales rose in July by more than forecast, suggesting consumers still have the wherewithal to sustain the economic expansion.
Fashion
Federer-backed shoemaker On says strong franc weighs on sales growth
Swiss shoemaker On Holding AG said the strength of the franc will dampen its ability to fully capitalize on explosive growth in its US sneaker sales later this year.
Fashion
Cecilie Thorsmark on Copenhagen Fashion Week's vision for inspiring sustainability
During Copenhagen Fashion Week, held from August 7 to 11, FashionNetwork.com spoke to its CEO, Cecilie Thorsmark, regarding sustainability, synergies, and the future of fashion weeks.
Fashion
Besteller brand expansion; Lee x Daydreamer; Warby Parker results; Trove funding
Bestseller is opening three standalone stores for its Evoked Vila plus-size brand with a debut in Danish cities, as well as planning further shop-in-shop expansion.
Fashion