G-III Apparel Group announced on Wednesday a 6% sales uptick for the third quarter, as higher inventory levels caused logistical challenges within the U.S. company's distribution centers, hindering its bottom line.
PVH Corp. announced on Wednesday that revenues for the third quarter exceeded expectations, with the company clocking strong gains in North America for both Calvin Klein and Tommy Hilfiger, offsetting declines overseas.
The Canadian brand, which pledged to abandon the production of fur-based collections by the end of the year, is continuing its repentance by signing an après-ski collaboration with the sustainable brand Reformation.
Scaled down compared to pre-Covid editions but with broader international participation, the Mapic trade show is still a magnet for commercial real estate players, from retailers to property developers.
Pure London has named the keynote speakers for its February edition. The organisers said “retail industry legend” Ed Burstell and winner of All That Glitters, jewellery designer Piers Carpenter, will be the big names.
A new study of multiple industries shows that clothing and fashion manufacturers have seen a huge increase in stock levels when comparing Q3 stock levels in 2022. The volume is up 57% on pre-pandemic levels.