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Gen Z to spend £4.3bn on back-to-campus products - UniDays study
With the new school year just around the corner, we’re told that Gen Z was poised to spend an average of £1,600 per person on back-to-campus supplies, representing a total spend of £4.3 billion, according to UniDays.
Fashion
FA renews/expands Fanatics partnership after summer Euros success
Record England football shirt and merchandise sales linked to the Euro 2024 championships this summer has led to Fanatics signing a new long-term and now-wide-ranging retail agreement with The Football Association.
Fashion
Popular Gok Wan links with JD Williams
Celebrity stylist Gok Wan has a rich history of fashion collaborations and his latest is as ambassador for UK fashion brand JD Williams.
Fashion
Sosandar takes Metrocentre site for October regional debut
British fashion brand Sosandar is to open a store at the North East’s Metrocentre mall in October. Making its regional debut, it will be the womenswear retailer’s third standalone store in the UK.
Fashion
Freemans' Icons collection/campaign centres on effortless transition into autumn
Digital department store Freemans has a handle on blending summer into autumn with a new collection and accompanying campaign. Called The Icons, it’s running for two months to transition into the new season.
Fashion
Mountain Warehouse hits new peak performance with impressive annual results
Record annual revenues and a return to profit aren’t just good news for UK outdoor clothing retailer Mountain Warehouse but “reflect customers flocking back to the high street post-pandemic”.
Fashion
DVF brings ops in-house again as new CEO de Boni re-sets the business
DVF founder Diane von Furstenberg and its CEO Graziano de Boni said on Friday that they’re “excited to announce that by the end of 2024 the operations of the 52-year-old brand will be managed in-house again”.
Fashion
Shein reveals child labour cases as it steps up supplier audits
Shein found two cases of child labour at its suppliers last year, it said in its 2023 sustainability report, as it stepped up audits of manufacturers in China to assuage criticisms of its low-cost business model.
Fashion
Urban Outfitters shares sink on disappointing sales growth
Urban Outfitters Inc. shares slid after the owner of the Anthropologie and Free People brands posted quarterly sales growth that came in below Wall Street’s expectations.
Fashion
JD Sports buoyant in Q2 as it bounces back from earlier slowdown
JD Sports Fashion may have had some downs as well as ups this year, but its Q2 trading update on Thursday (22 August) showed it’s back to seeing mainly the latter.
Fashion
TJ Maxx owner gains mideast access with Brands for Less stake
The owner of T.J. Maxx has acquired a 35% stake in Dubai-based Brands for Less for $360 million, giving the US discount retailer access to fast-growing consumer markets in the Middle East.
Fashion
Esprit France declares bankruptcy amidst ongoing financial struggles
Esprit France, previously weathering the storm affecting its parent clothing group, has now been placed under the protection of the Nanterre commercial court as of July 18.
Fashion
Unified Commerce Group acquires Greats from Steven Madden, invests in Böhme
Unified Commerce Group announced on Monday it has acquired Greats Inc., a digitally-native footwear brand specialising in premium sneakers for men and women, as well as making an investment in womenswear retailer Böhme.
Fashion
Guess names new interim CFO
Guess Inc. announced on Monday the appointment of Dennis Secor to the role of interim chief financial officer, effective August 26.
Fashion
Gokaldas defers Bangladesh apparel unit plan as unrest lingers
Gokaldas Exports Ltd. has decided to put its plan to build a garments factory in Bangladesh on hold as the nation continues to face political turmoil that has killed hundreds of people during weeks-long violence.
Fashion
All Ted Baker UK stores to shut this week - report
A few weeks ago it was a "might happen" and now it looks certain with a report that all Ted Baker shops in the UK will shut for good by midweek.
Fashion