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Reitmans Q1 sales fall, RW&Co President exits

Reitmans Q1 sales fall, RW&Co President exits

Reitmans, the Canadian women's specialty apparel retailer, has posted a sales decline to C$104.7 million in its first quarter for fiscal 2021 that ended on May 2.
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Superdry Q1 beats expectations despite sales drop, gets new financing facility

Superdry Q1 beats expectations despite sales drop, gets new financing facility

​Struggling fashion retailer Superdry had good news on Monday as it announced a new financing facility and that its trading in recent months has been better than it was expecting, even though it remains down.
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Deckers Brands sales rise in Q1, loss shrinks

Deckers Brands sales rise in Q1, loss shrinks

Deckers Brands, the US-based owner of Ugg and other labels, reported 2.3 per cent sales growth to $282.2 million in its first quarter ended on June 30, compared to sales of $276.8 million in the same period last year.
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Pure London organiser Hyve launches three virtual forums

Pure London organiser Hyve launches three virtual forums

​Tradeshows giant Hyve is launching three virtual forums next month, Fashion Together (comprising Pure, Pure Origin, Moda and Scoop), Autumn Fair @ Home and Glee Gathering.
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Fashion struggled in July says latest BDO sales tracker

Fashion struggled in July says latest BDO sales tracker

July was a disappointing month for UK physical shops and fashion really struggled with online sales unable to make up for spending that wasn't happening on the high street.
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Fashion giant H&M suspends employees over use of racial slur

Fashion giant H&M suspends employees over use of racial slur

Fashion giant H&M said on Thursday it has suspended a number of employees over the use of a racial slur relating to the name of a hat to be sold at stores of its & Other Stories brand.
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UK shops see more visits in July but numbers still low - BRC survey

UK shops see more visits in July but numbers still low - BRC survey

More British shoppers returned to the high street in July, helped by the reopening of pubs and restaurants, but numbers were still much lower than normal for the time of year, an industry survey showed on Friday.
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Momad postpones next show to February 2021

Momad postpones next show to February 2021

Madrid-based fashion tradeshow Momad has postponed its next edition to February 2021, with Ifema and the organising committee aiming to hold the event in a “strengthened economic environment”.
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Adidas predicts profit rebound after pandemic struggles

Adidas predicts profit rebound after pandemic struggles

​German sports giant Adidas said on Thursday it expects to bounce back to profitability in the third quarter after it plunged to a big loss in the second quarter when most of its stores were closed due to lockdowns.
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Loss-making Joules stays upbeat as e-tail outperforms

Loss-making Joules stays upbeat as e-tail outperforms

​Lifestyle fashion brand Joules reported its preliminary annual results on Thursday and despite the numbers including its toughest trading period ever that resulted in a pre-tax loss, seemed upbeat.
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Odd Concepts unveils AI discovery platform for fashion in Singapore

Odd Concepts unveils AI discovery platform for fashion in Singapore

Odd Concepts, an AI-based fashion tech company, has launched an AI style discovery platform, StyleCrush, to introduce a new method of online fashion consumption to Singapore.
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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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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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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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