Footwear
The latest news
Abercrombie & Fitch reveals new "getaway-inspired" store design concept
Abercrombie & Fitch on August 8 announced a “refreshing new store experience inspired by the brand’s intention of making every day feel as exceptional as the start of a long weekend”.
Fashion
M&S named official tailor of England football teams
UK’s Marks & Spencer (M&S) has announced that it is the official tailor to the England senior men’s and football teams and the cup-winning women's team.
Fashion
Rocky Brands reports $162m net sales in Q2
Rocky Brands' Q2 saw net sales up 23.1% to $162 million in Q2 2022 compared with $131.6 million in Q2 2021. Wholesale for Q2 increased 29.7% to $131.2m.
Fashion
Adidas posts 28% decline in Q2 operating profit despite sales increase
Adidas on August 4 said operating profit fell by 28% in Q2 to €392 million, as results suffered from it suspending business in Russia, higher supply chain costs and COVID-19 lockdowns in China and Vietnam.
Fashion
UK retailer Next lifts outlook on strong clothing demand
Retailer Next, a mainstay of Britain's shopping streets, defied the economic gloom on Thursday to lift its full-year sales and profit forecasts after warm weather in June and July spurred better-than-expected trade.
Fashion
Zalando EBIT drops, but firm is upbeat as it adapts to current conditions
After some disappointment in June as it downgraded guidance, on August 4 Zalando had better news. It “expects improved profitability and a return to growth in the second half”.
Fashion
Eurozone retail sales drop more than expected in June as prices rise
Euro zone retail sales plunged more than expected in June as prices at factory gates continued to rise, data showed Wednesday, signalling a weakness in consumer demand that could herald a recession in H2.
Fashion
Russians flock to H&M as fashion retailer opens stores to sell inventory
A long queue of Russians snaked through a Moscow shopping centre on Tuesday, waiting to get into H&M as the fashion retailer flung open its doors for a final time to sell inventory before making a full exit from Russia.
Fashion
Polish clothing retailer LPP launches logistics business
Polish apparel company LPP has launched a new business to manage the retailer's logistics network, starting in August, the company said on Tuesday.
Fashion
JD Sports confirms Al-Futtaim's Schultz as CEO
JD Sports Fashion on Tuesday confirmed that Régis Schultz has been appointed as its new CEO “following an extensive executive global search process” and after speculation last week that he would be named to the post.
Fashion
SMCP hits first-half sales record as Europe and America prove buoyant
SMCP unveiled an all-time H1 sales record with its results on the first day of August, driven by “strong momentum in Europe and Americas”, something other premium and luxury firms have also talked of.
Fashion
JD Sports ends long-running Footasylum saga, sells to Germany's Aurelius
JD Sports Fashion confirmed on Monday that it has exchanged contracts to sell Footasylum Limited and its associated subsidiaries to private equity firm Aurelius Group for £37.5 million.
Fashion
Showroomprivé sales drop significantly in the first half of the year, but posts slight profit
Sales of the e-commerce clearance site Showroomprivé fell by more than 21% in the first half of 2022 to €305.4 million.
Fashion
Primark freezes prices of kidswear essentials
Kidswear pricing is a key selling point for big-name retailers at the moment. And Primark has said it will freeze prices of hundreds of kidswear essentials this season.
Fashion
CMA investigates ASOS, Boohoo, Asda over green fashion claims
The UK's Competition and Markets Authority (CMA) is targeting fashion labels that might be indulging in 'greenwashing' and the first ones to be targeted are ASOS, Boohoo and George at Asda.
Fashion
Missguided suppliers over to get back very little of £30m owed
Companies that supplied goods to Missguided before its administration filing and purchase by Frasers Group will get back less than 2% of the £30 million owed to them.
Fashion