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Skechers opens on Rue de Rivoli in Paris

Skechers opens on Rue de Rivoli in Paris

​With news of so many store closures, it’s encouraging to hear of a major opening with US shoe and lifestyle brand Skechers having opened a flagship store on a key Paris shopping street, Rue de Rivoli.
Fashion
Adidas has seen no impact on sales from race row - CEO

Adidas has seen no impact on sales from race row - CEO

Adidas has seen no impact on its sales from employee complaints over racism at the German sportswear company that led to the departure of its human resources boss, Chief Executive Kasper Rorsted said on Tuesday.
Fashion
Zalando reports big jump in brands using its services

Zalando reports big jump in brands using its services

​German online fashion retailer Zalando on Tuesday reported a more than doubling of sales on its site from brands seeking to expand their e-commerce presence, helping total second-quarter revenue jump 27%.
Fashion
Superdry Q1 beats expectations despite sales drop, gets new financing facility

Superdry Q1 beats expectations despite sales drop, gets new financing facility

​Struggling fashion retailer Superdry had good news on Monday as it announced a new financing facility and that its trading in recent months has been better than it was expecting, even though it remains down.
Fashion
UK shops see more visits in July but numbers still low - BRC survey

UK shops see more visits in July but numbers still low - BRC survey

More British shoppers returned to the high street in July, helped by the reopening of pubs and restaurants, but numbers were still much lower than normal for the time of year, an industry survey showed on Friday.
Fashion
Adidas predicts profit rebound after pandemic struggles

Adidas predicts profit rebound after pandemic struggles

​German sports giant Adidas said on Thursday it expects to bounce back to profitability in the third quarter after it plunged to a big loss in the second quarter when most of its stores were closed due to lockdowns.
Fashion
M&Co, DW Sports are latest retailers to shut stores, shed jobs

M&Co, DW Sports are latest retailers to shut stores, shed jobs

​The latest bad news for the UK on jobs and store closures comes from M&Co and DW Sports with the former closing 47 stores and the latter its entire chain of 75 shops.
Fashion
VF Corp appoints Winnie Ma as president, Greater China

VF Corp appoints Winnie Ma as president, Greater China

VF Corporation has appointed Winnie Ma as president, Greater China. She will report to Kevin Bailey, executive vice president & group president, APAC and Emerging Brands.
Fashion
Adidas extends CEO Rorsted's contract for five years

Adidas extends CEO Rorsted's contract for five years

German sportswear firm Adidas on Tuesday said its supervisory board had extended the contract of Chief Executive Kasper Rorsted.
Fashion
Australian retailers see worst quarter in two decades, fashion plunges

Australian retailers see worst quarter in two decades, fashion plunges

Australia's retailers are facing a consumption drought as the country's second biggest state locks down to fight the coronavirus and as data showed sales volumes saw their biggest plunge in two decades in Q2.
Fashion
Under Armour gets online boost but expects more discounts

Under Armour gets online boost but expects more discounts

​Under Armour said Friday it expects margins to be pressured for the rest of the year on the back of increased promotions, even as online demand helped the sportswear maker post a smaller-than-expected loss.
Fashion
Nike, Birkenstock beat designer labels to head latest Lyst Index

Nike, Birkenstock beat designer labels to head latest Lyst Index

​It’s been a weird year for fashion retail so far and Q2 in particular saw unprecedented global conditions, so it’s no surprise that the new Lyst Index is different from usual with Nike and Birkenstock's riding high.
Fashion
Puma forecasts unpredictable 2020 after drop in quarterly sales and profit

Puma forecasts unpredictable 2020 after drop in quarterly sales and profit

German sportswear brand Puma on Wednesday said that uncertainty around the coronavirus made forecasts for the full-year impossible after the pandemic hit second quarter sales and profitability.
Fashion
Britain's Selfridges to axe jobs on virus retail storm

Britain's Selfridges to axe jobs on virus retail storm

British department store group Selfridges warned Tuesday that it plans to axe 450 jobs after sales slumped due to the coronavirus and the aftermath of the nationwide lockdown.
Fashion
American Eagle adds new activewear sub-brand to Aerie

American Eagle adds new activewear sub-brand to Aerie

American Eagle Outfitters has unveiled Offline by Aerie (actually spelt OFFL/NE), a new sub-brand “offering a complete collection of activewear and accessories built for real movement and real comfort,” it said. 
Fashion
Dr. Martens owner Permira joins suitors for Gymshark stake

Dr. Martens owner Permira joins suitors for Gymshark stake

The owner of Dr. Martens has entered the bidding war for a minority stake in fast-growing sportswear brand Gymshark, joining the group of private equity firms that have been circling the business.
Fashion