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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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E-commerce sales jump above 40% for Geox in H1

E-commerce sales jump above 40% for Geox in H1

The Italian brand reported a 39 per cent sales decline to €243.6 million in its first half that ended on June 30, compared to sales of €399.4 million in the same period last year, but e-tail surged.
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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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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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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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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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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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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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John Lewis makes major move on supplier engagement

John Lewis makes major move on supplier engagement

​Department stores chain John Lewis has announced that, “following a successful trial”, it’s rolling out a new “progressive supplier engagement programme” called Better Jobs to all of its 120 UK manufacturing suppliers. 
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