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US retailer holiday orders should boost transport demand, but risks loom

US retailer holiday orders should boost transport demand, but risks loom

The slumping U.S. transportation sector could be bouncing off a bottom as retailers start preparing for the back-to-school season and winter holidays. 
Fashion
Kohl's rises on surprise profit as CEO's turnaround plan shows effect

Kohl's rises on surprise profit as CEO's turnaround plan shows effect

Kohl's Corp on Wednesday reported a surprise profit as its new CEO's efforts to turn around the company that saw its margins slump last year started showing results.
Fashion
Amazon beats all 18 shareholder-led proposals at annual meeting

Amazon beats all 18 shareholder-led proposals at annual meeting

Amazon.com Inc investors voted against all 18 shareholder-led proposals during the e-commerce giant's annual meeting on Wednesday, a preliminary tally by the company showed.
Fashion
Anine Bing opens in Covent Garden

Anine Bing opens in Covent Garden

​Los Angeles-based fashion house Anine Bing has unveiled its new store in London’s Covent Garden, the brand’s third UK retail space.
Fashion
Kaporal is the subject of five takeover bids, which will be examined on June 22

Kaporal is the subject of five takeover bids, which will be examined on June 22

In receivership, the fashion chain is attracting interest from five potential buyers, including current Kaporal managers, the brand's founder Laurent Emsellem and Le Temps des Cerises.
Fashion
Outdoor clothing brand Passenger gets new investment

Outdoor clothing brand Passenger gets new investment

​Passenger, a UK-based outdoor clothing brand, is gearing up for faster expansion following an investment round that saw £15 million being pumped into the business.
Fashion
Indian garment makers face pressure as brands, importers seek discount

Indian garment makers face pressure as brands, importers seek discount

Indian garment makers and exporters are under pressure due to reduced demand amid global economic challenges. Brands and retailers are seeking extra discounts on orders placed previously, a practice deemed unethical.
Fashion
Record West End retail rentals for landlord GPE but it swings to loss

Record West End retail rentals for landlord GPE but it swings to loss

Central London is the place to be if you’re renting prime commercial and office space. Demand is sky-high and in Wednesday’s year-end results, key landlord GPE referred to its “strong strategic positioning".
Fashion
UK inflation eases further but clothing prices still rising

UK inflation eases further but clothing prices still rising

​UK inflation — including clothing prices — slowed again in April, although the rate remains high and prices continue to rise, which means consumers are thinking long and hard about discretionary purchases. 
Fashion
M&S sales continue to rise as fashion stays strong

M&S sales continue to rise as fashion stays strong

M&S’s annual results offered more evidence of the strength of its turnaround with the retail giant reporting higher sales and headline profits, although operating profits were hit by tough comparisons and higher costs. 
Fashion
Japan's Uniqlo to exit Russia, paving the way for sale of business

Japan's Uniqlo to exit Russia, paving the way for sale of business

Japanese brand Uniqlo has decided to leave Russia after suspending its operation there last year, opening the path for a sale of the business, the daily Izvestia cited Russia's deputy trade minister as saying.
Fashion
M&S clothing chief Price to join Fabacus board

M&S clothing chief Price to join Fabacus board

One of the UK retail’s highest-profile execs — Richard Price, MD of Clothing and Home at M&S — is to join Fabacus, the data management and bureau service for the licensing industry, as a member of its Advisory Board.
Fashion
Klarna UK boss Marsh to leave

Klarna UK boss Marsh to leave

Klarna’s UK boss Alex Marsh is stepping down from the buy-now-pay-later (BNPL) financier for personal reasons. A replacement has yet to be announced.
Fashion
Empowering artisans: Maria Grazia Chiuri's commitment to supporting craftsmanship through education

Empowering artisans: Maria Grazia Chiuri's commitment to supporting craftsmanship through education

During the Cruise 2024 fashion show, FashionNetwork.com had the opportunity to interview Maria Grazia Chiuri, Dior's creative director. The interview provides a fascinating dive into her creative process.
Fashion
Inditex to launch Zara's second-hand platform in Spain in 2023

Inditex to launch Zara's second-hand platform in Spain in 2023

In November 2022, Zara Pre-Owned was launched in the United Kingdom. Now, the company is looking into expanding to new markets: first, France and Germany, followed by Spain. 
Fashion
Hermès and Selfridges leave the Fashion Pact, now co-chaired by H&M CEO Helena Helmersson

Hermès and Selfridges leave the Fashion Pact, now co-chaired by H&M CEO Helena Helmersson

The H&M Group CEO becomes co-chair of Fashion Pact, the initiative towards more sustainable fashion launched in 2019, which has seen the departure of big names such as Hermès, Selfridges and Stella McCartney.
Fashion