Fashion
Solid start to the fiscal year for Uniqlo’s parent company
The Japan-based fashion retailer has posted a solid first quarter for fiscal 2025, as Uniqlo continues to perform well at home and abroad, particularly in North America and Europe
Spain Retail: will the positive momentum hold up?
Fashion retail sales were generally positive from July to November 2024, but will this trend continue? While we await official data on year-end sales, the negative footwear inflation seen in October and November, combined with a rise in consumer confidence, may have helped to boost spending. And with import figures showing that retailers were stocking up, let’s hope the holidays were the reason, as a recent dip in retail confidence could be just the bad news the sector didn’t need to hear at the start of the year
Next raises full year profit outlook
Following a strong Christmas trading period, the British fashion retailer has raised its profit before tax forecast for the current financial year by 5 million British pounds to 1.010 billion British pounds
New Look to accelerate store closures ahead of tax changes
The British fashion retailer is reportedly accelerating its store closure campaign ahead of tax rises in the UK’s next budget. It’s feared more retailers will follow in its footsteps
H&M acquires minority stake in Swedish platform Voyado
The Sweden fashion group has acquired a minority stake in the Swedish-founded retail technology platform Voyado, thus strengthening their existing partnership
Macy's concludes internal investigation and reports results
The US-based company delayed the announcement of its third quarter results due to deliberate accounting errors. Macy's assured stakeholders of limited financial impact and declared stricter controls
John Galliano leaves Maison Margiela
The renowned British designer will leave the OTB-owned luxury brand, bringing to an end a successful 10-year collaboration. His next move remains unknown
JD joins forces with MattB Customs for exclusive designs
The British youth fashion retailer has partnered with MattB Customs to deliver distinct designs, starting with a duffle bag crafted from deconstructed trainers, merging artistry and sustainability
Inditex reports solid nine-month results
The Spain-based fashion group reported robust sales growth and healthy margins, driven by strong reception of its Autumn/Winter collections and integration of store and online operations
Zalando to acquire fashion rival About You
The German company will make a voluntary public takeover offer to acquire up to 100% of the share capital of About You. The deal will allow it to capture a larger share of the European fashion and lifestyle e-commerce market
Katrin Ley from Fashion for Good: shifting the fashion industry towards circularity by championing innovations
We spoke to Katrin Ley, Managing Director at Fashion for Good, a global platform for innovation. Among other topics, we talked about how Fashion for Good is driving circularity in the fashion and footwear industries through a collaborative approach
Kering leads the fashion industry with science-based targets for nature
The French group became the first fashion company to set measurable science-based goals for reducing water use and land footprint, including both its direct operations and supply chain
Mango reaches US expansion goals ahead of schedule
The Spanish fashion group has reached its goal of having 40 of its stores in the US by the end of 2024 ahead of schedule and even plans to surpass it with 42 stores open by the end of the year
Capri reshuffles Michael Kors leadership team
Capri’s CEO John D. Idol will assume the additional role of CEO of Michael Kors, succeeding Cedric Wilmotte. Philippa Newman has been promoted to Chief Product Officer of the brand-
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