UK footfall’s post-pandemic recovery took a hit last week as concerns over rising prices and worries over an impending recession deepened. There were negative numbers (almost) everywhere for the 8-14 May period.
Walmart Inc cut its full-year profit forecast on Tuesday, signaling a bigger knock to the retail giant's profit margins from surging costs of everything from fuel to labor.
Italy's Zegna is aiming for revenue above 2 billion euros ($2.1 billion) in the medium term, up from the 1.29 billion euros posted last year, the fashion group said on Tuesday.
Software-as-a-service e-commerce platform BigCommerce has been named as an official patron of the British fashion Council (BFC).
EBIT is boosting awareness of mental health issues, with an NFT shoe launch that see 10% of sales revenue going to charity and the core message being interwoven into the virtual products.
Russell & Bromley is to open its first store outside of its domestic UK market with a deal signed for key Dublin shopping thoroughfare Grafton street.
Swedish label Filippa K has unveiled its first campaign under its recently appointed Creative Director, Liisa Kessler, who previously designed for Saint Laurent, Chloé and Y/Project.
Farfetch's luxury fashion store Browns has released its AW22 trend report and an overriding theme is a focus on sustainability, while a return to full-on glam party dressing, platform shoes and rebooted denim are key.
Value-focused footwear retailer Shoe Zone appears to be recovering from the pandemic and making the most of consumer interest in budget ranges.
Turkish shoe retailer FLO Magazacilik is in talks to buy more than 100 stores owned by fitness brand Reebok in Russia, as Western companies rush to comply with sanctions over the Ukraine conflict.
Outdoorwear retailer REI Co-op announced on Monday that it is expanding its leadership team with two additions to its senior leadership team.
Givenchy announced on Monday a collaboration with Disney introducing a limited-edition capsule collection of luxury ready-to-wear designed by creative director Matthew M. Williams.
The Council of Fashion Designers of America made the announcement Monday that Tom Ford was departing the organization.
Israel's Delta Galil announced on Monday revenues for the first quarter lifted 16%, another quarterly sales record for the company, which also posted a 26% uptick in net profits for the three months ending March 31.
Eyewear company Warby Parker announced on Monday revenues for the first quarter increased by more than 10%, as the U.S. firm continues to expand its retail network, despite profits swinging back to red.
