H&M’s first half and Q2 were all about its ongoing recovery as the retail giant benefited from “increased full-price sales and lower markdowns”. But there remain challenges and comparison periods are getting tougher.
The German sportswear brand is set to present a show in New York and the metaverse on September 13. The collection designed by creative director June Ambrose will include a mix of Fall 2022 and Spring 2023 pieces.
The sports market continues to grow and that means we’re seeing plenty of launches and deals at present with the latest deal being for a UK business and a French one that are combining to create a major sports group.
Nike beat estimates for quarterly revenue on Monday, as strong demand for its athletic apparel and sneakers in Europe helped the company counter lower sales in China following pandemic-related lockdowns in the country.
Empty shelves and prices discounted by as much as 70% greeted shoppers who visited Decathlon stores in Russia over the weekend before the retailer closed its stores on Monday, hampered by supply constraints.
On Saturday evening, the French designer fêted her label’s sixth anniversary by celebrating upcycled fashion with a major Olympics-style show held in a stadium in Vanves, near Paris, followed by a party.