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Business

American Eagle expects best first-quarter sales in three years on Aerie strength

American Eagle expects best first-quarter sales in three years on Aerie strength

American Eagle Outfitters said it expects current-quarter revenue and operating income to surpass last two years’ numbers, betting on high-growth brand Aerie that sells work-from-home favorites lingerie and loungewear.
Fashion
Business
Sainsbury's to cut jobs, clothing ops affected

Sainsbury's to cut jobs, clothing ops affected

UK supermarkets giant Sainsbury’s is to cut jobs with 1,150 roles at risk. It's restructuring in order to invest in its food ops and a number of departments will be affected, including clothing and general merchandise.
Fashion
Business

Budget 2021: Help for retail but no online sales tax

Chancellor Rishi Sunak has unveiled what has been touted as the most important budget statement in decades. And there's plenty in the latest announcement that directly impacts the fashion and retail sectors.
Fashion
Industry

Dune is betting on a high heels revival from April

​Dune London said it's continuing to back high heels as a key item once the UK lockdown starts to ease, even though the trend has been towards flats not just in the past year but before that. 
Fashion
Retail

Trade shows

Digital edition of Première Vision show records 35,000 sessions

Digital edition of Première Vision show records 35,000 sessions

The online edition of the Parisian textile/apparel trade show recorded a strong rise in audience compared to last autumn. Its next physical edition, originally planned for July 2021, will be held instead in September.
Fashion
Trade shows
Shanghai textile trade shows postponed

Shanghai textile trade shows postponed

Intertextile, Yarn Expo, Chic and PH Value, scheduled in Shanghai on March 10-12, have been postponed. FashionNetwork.com has learned the possible new dates are March 17-19, if the authorities give the green light.
Fashion
Trade shows

WSN will not stage trade shows in Paris in March, only a Première Classe showroom

Health protection measures are once again preventing Paris’s trade shows from being held regularly. WSN’s joint event scheduled in early March has been cancelled, and only a reduced Première Classe show will be staged.
Fashion
Trade shows

Première Vision show announces online conference programme

Paris’s Première Vision show will not be staged physically, but on February 15-19 it will hold a digital event featuring a revamped e-marketplace and several online debates with industry professionals and specialists.
Fashion
Trade shows