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M&Co, DW Sports are latest retailers to shut stores, shed jobs

M&Co, DW Sports are latest retailers to shut stores, shed jobs

​The latest bad news for the UK on jobs and store closures comes from M&Co and DW Sports with the former closing 47 stores and the latter its entire chain of 75 shops.
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Eurozone retail sales back to pre-crisis levels, fashion up but e-tail slips back

Eurozone retail sales back to pre-crisis levels, fashion up but e-tail slips back

Retail sales volumes in the eurozone rebounded in June to levels seen in February before lockdowns, official estimates showed on Wednesday, completing a recovery that began in May after record drops in March and April.
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Capri beats sales estimates on e-tail surge, China strength

Capri beats sales estimates on e-tail surge, China strength

Capri Holdings Ltd reported a smaller-than-expected quarterly loss on Wednesday, helped by a recovery in demand for its Versace and Jimmy Choo brands in China and a surge in online shopping.
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Zara owner Inditex pledges support for fashion supply chain as coronavirus bites

Zara owner Inditex pledges support for fashion supply chain as coronavirus bites

Fashion giant Inditex has pledged to maintain workers' rights throughout its supply chains and the stability of payments to suppliers, as the garment industry wrestled with a plunge in orders during the COVID-19 crisis.
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Battered Express is upbeat as online sales climbed last month

Battered Express is upbeat as online sales climbed last month

​US-based fashion retailer Express Inc said on Tuesday that it has seen a “second consecutive month of positive e-commerce demand coupled with the apparent stabilisation in store sales and traffic”.
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New COVID-19 wave to threaten Vietnamese garment sector

New COVID-19 wave to threaten Vietnamese garment sector

A fresh wave of COVID-19 may worsen the situation of Vietnam’s textile and footwear industries, still reeling from the impact of the first.
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Fine art and face masks: London's Victoria and Albert Museum reopens

Fine art and face masks: London's Victoria and Albert Museum reopens

​Five thousand years of art and design history will be joined by some more modern items when London’s Victoria and Albert (V&A) museum reopens on Thursday - hand sanitiser dispensers and protective screens.
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​Footballer who tackled poverty stars in British Vogue's Black 'hope' issue

​Footballer who tackled poverty stars in British Vogue's Black 'hope' issue

Marcus Rashford, whose campaigning pushed the government to change policy on free school meals, has won further recognition for his poverty-fighting efforts - on the cover of British Vogue celebrating black leaders.
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Frasers Group plans major opening at regional retail park, Flannels included

Frasers Group plans major opening at regional retail park, Flannels included

Frasers’ execs may have been talking about potential store closures in recent periods, but the firm is also planning openings and has announced its first regional store since the pandemic began at Leicester's Fosse Park.
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Amazon starts preparations to launch in Sweden

Amazon starts preparations to launch in Sweden

Amazon.com Inc has started preparations to launch in Sweden, marking its first step to establish a local presence in a Nordic country.
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Chico's FAS Canada files for bankruptcy, to close stores

Chico's FAS Canada files for bankruptcy, to close stores

Chico’s FAS Canada, a subsidiary of US women's clothing and accessories retailer Chico’s FAS, has filed for bankruptcy in Ontario, saying it plans to permanently close all 10 of its stores in the country.
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Marimekko chooses CFW as virtual showcase this month

Marimekko chooses CFW as virtual showcase this month

Finnish design house Marimekko Oyj will present its pre-spring 2021 collection digitally at Copenhagen Fashion Week (CFW) on August 12.
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VF Corp appoints Winnie Ma as president, Greater China

VF Corp appoints Winnie Ma as president, Greater China

VF Corporation has appointed Winnie Ma as president, Greater China. She will report to Kevin Bailey, executive vice president & group president, APAC and Emerging Brands.
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Ralph Lauren revenue sinks as pandemic hammers demand

Ralph Lauren revenue sinks as pandemic hammers demand

Ralph Lauren Corp said on Tuesday its quarterly revenue plunged by nearly $1 billion, as it struggled with coronavirus-led store closures and a slowdown in demand for luxury goods across the world.
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Google Cloud prepares for Black Friday 'peak on top of peak'

Google Cloud prepares for Black Friday 'peak on top of peak'

Alphabet Inc's Google Cloud unit is poised for a surge in fourth-quarter sales from U.S. retailers, as they brace for record online shopping during the holidays because of COVID-19 lockdowns.
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Adidas extends CEO Rorsted's contract for five years

Adidas extends CEO Rorsted's contract for five years

German sportswear firm Adidas on Tuesday said its supervisory board had extended the contract of Chief Executive Kasper Rorsted.
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