Footwear
The latest news
Dr Martens and Central Saint Martins students join forces for collab contest
Dr Martens is known for its series of collabs with big names like Gaultier, Comme des Garçons and Yohji Yamamoto. But in the case of its latest link-up, the designers aren’t well-known, although they might be one day.
Fashion
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
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
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
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
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
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
Michael Kors, Versace owner Capri says revenue fell almost 10% in Q1
Capri Holdings, owner of Versace, Jimmy Choo, and Michael Kors, reported revenue of $1.23bn for Q1, a 9.6% fall, underlining the challenges it faces and the rationale behind its deal to be acquired by Tapestry.
Fashion
Analysis: Tapestry plans to use Coach playbook to turn around Michael Kors
Coach owner Tapestry Inc. needs to turn around the struggling Michael Kors brand to get the most out of its $8.5 billion deal for the line’s parent company, Capri Holdings Ltd.
Fashion
Amazon scraps 27 own-label fashion brands to cut costs, address antitrust scrutiny - source
Amazon.com is shelving several private clothing brands in an attempt to reduce costs and address antitrust scrutiny, a source familiar with the matter said on Thursday.
Fashion
Revenue at Timberland and Sweaty Betty owner Wolverine drops in Q2
US-based apparel and footwear company Wolverine Worldwide has posted revenue of $589.1 million for the second quarter of fiscal 2023 (Q2 FY23), a decline of 17.4 per cent compared to the prior year.
Fashion
Coach parent Tapestry to buy Michael Kors owner in $8.5 billion deal
Michael Kors owner Capri will be bought by Coach parent Tapestry in an $8.5bn deal, the companies have said, creating a top US fashion house that can better compete with larger European rivals in global luxury.
Fashion
AW23 campaigns: Marc Jacobs x Kim Kardashian, Hugo, Self-Portrait, Basic.Space
Kim Kardashian is fronting the new Marc Jacobs campaign for AW23 with photos shot by London-based Tyrone Lebon and styled by i-D‘s Editor-in-Chief Alastair McKimm.
Fashion
John Lewis-Google link; Nobody's Child-Just a Group deal; Hervia CEO exit; Pandora UK results
John Lewis has announced a strategic partnership with Google Cloud, worth £100 million over the next five years. It “represents a major expansion of the successful relationship it has had with Google since 2012”.
Fashion
Alibaba in Spain; Asics EMEA results; Boss-NFL expansion
CommerceHub, one of the world’s largest commerce networks for global retailers and brands, has announced implementation of its e-commerce platform with Alibaba’s Miravia, a premier selling channel in Spain.
Fashion