Boohoo is moving quickly to protect its business as a supply chain scandal causes e-tailers such as Asos and Zalando to delist its brands. But the firm also said its wholesale ops are small as D2C is its focus.
Bestseller said it has ended printed NOOS (‘never out of stock’) B2B catalogues for Vero Moda with the label “having gone ‘all in’ on their digital transformation. A shift that benefits colleagues and customers”.
Fashion retailer AllSaints has won creditor backing for its UK and US CVA proposals. It means it can proceed with its plans to downsize the chains with a small number of closures and strike new rent deals.
E-tailer Sosandar had a strong first quarter, despite the lockdown, and even edged closer to profitability in June. The company adjusted its strategy and its product mix and won new customers as a result.
The department store retailer has reportedly informed the landlords of its full-price namesake locations and its off-price Nordstrom Rack stores that it will only pay half of its occupancy costs for the rest of the year.
Schiaparelli kicked off first the ever fully digital Paris haute couture season on Monday with a film which concentrated on its couturier, Daniel Roseberry, since he was marooned in New York throughout the lockdown.
Twenty advocacy groups from the US, Europe, Latin America and elsewhere signed a statement Wednesday urging regulators to be wary of Google’s $2.1 billion bid for Fitbit Inc because of privacy and competition concerns.
Bestseller's Jack & Jones has said a “revolutionary” chapter has been written in the brand’s history with its first digital collection launch to its teams around the world. And it's planning more live-streamed events.
Not having a webstore during the lockdown may have meant sales losses adding up to hundreds of millions of pounds per month for Primark, but the budget fashion retail giant remains resistant to trading online.