The University of North Dakota and adidas have entered a new multi-year partnership in which the Portland-based company will be the official athletic footwear and apparel brand of the Fighting Hawks for 2024-25.
Japanese apparel group TSI holdings announced on Tuesday its plan to acquire a 90% ownership of Huf Holdings LLC, owner of skate brand Huf. The acquisition of the stake is expected to be completed by December 14.
Global Fashion Group, the emerging markets fashion retailer set up by investors Kinnevik and Rocket Internet, reported its third-quarter operating losses narrowed somewhat while net revenue jumped by 19 percent.
Despite stores trying to kick off holiday shopping earlier this year on Thanksgiving day, data released by ShopperTrak shows foot traffic to stores on Thanksgiving and Black Friday was down 1.6 percent from last year.
Shares of retailers such as Macy’s Inc and Wal-Mart were up on Monday following a promising start to the holiday season and ahead of what is expected to be the largest U.S. online shopping day in history.
The key to winning a loyal following in the new generation of Millennials – the key target market for all fashion houses - is emotion, insists François Henri Pinault, CEO of French luxury conglomerate Kering Group.