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After plastic-free shoe, Purified launches first zero plastic sneaker
Sustainable footwear brand Purified has launch a third shoe style with the ‘Walden’ becoming its first zero-plastic sneaker that will “enrich the soil after [its] final wear”.
Fashion
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
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
Foot Locker sales drop in first quarter on Champs Sports business dive
Foot Locker Inc. reported on Thursday sales decreased by 2.8%, to $1.87 billion, in the first quarter, coinciding with a slash in profits for the three months ending May 4.
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
Adidas executive board member steps down as core team shrinks
Adidas AG is shrinking its top executive ranks as Martin Shankland steps down as head of global operations and leaves the company, Adidas said in a statement Monday.
Fashion
China's spending slump weighs as e-commerce giant Alibaba misses estimates
Alibaba Group Holding missed market expectations for first-quarter revenue as the company's domestic e-commerce sales came under pressure from cautious spending by Chinese consumers in a faltering economy.
Fashion
UK retail sales rise after discounts and Euros lift spending
UK retail sales bounced back in July after summer discounts and the Euros football competition unleashed spending at department stores and sports shops.
Fashion
Seoul authorities find toxic substances in Shein and Temu products
Women's accessories sold by some of the world's most popular online shopping firms contained toxic substances sometimes hundreds of times above acceptable levels, authorities in Seoul said.
Fashion
Nike rises after Bill Ackman’s Pershing Square discloses stake
Nike Inc. shares gained in late trading on 14 August after Pershing Square Capital Management LP disclosed a new stake in the world’s largest sportswear company.
Fashion
Federer-backed On beats sales estimates on full-price selling
On Holding beat analysts' estimates for second-quarter revenue on 12 August on strong demand from customers looking for trendy products but shares fell 8% premarket after the company reiterated its sales forecast.
Fashion
Business developments: Motherhood, Pour Moi, Crew Clothing
On the business front, we’ve been hearing about brand revamps, key tech link-ups and lawsuits too.
Fashion
Products launches: Boots, Monica Vinader, Dolce & Gabbana, Golden Goose
Product launches are continuing at pace with major developments in multiple categories ranging from the very practical to the totally quirky.
Fashion
Campaigns and influencers: Clarks, JD Sports, Gymshark
Summer may be here but companies are already focused on the autumn season with key campaign launches and other developments.
Fashion
ASOS, WGSN embrace AI to drive creativity
Technical innovation is becoming key to the creation process for fashion and we’ve recently heard about two major developments.
Fashion