JD Sports fashion had good news on Wednesday as it reported results for the year to 29 January. Revenue rose to £8.563 billion from £6.167 billion with gross profit edging up and pre-tax profit soaring.
Frasers Group said on Wednesday that it has once again increased its holding in German luxury fashion giant Hugo Boss. The company now – either directly or indirectly – controls more than 30% of the firm’s stock.
Off-White has announced a collaborative partnership with U.S. Major League Baseball (MLB) and headwear brand New Era to create a limited-edition apparel range featuring several MLB team colours and logos.
Sales of luxury goods are set to rise at least 5% this year as shoppers in the US and Europe continue to snap up high-end watches, jewelry and shoes despite political uncertainty and soaring inflation, Bain said Tuesday.
Heritage knitwear label John Smedley is making a major push into China and is currently launching a suite of digital activities for consumers on the mainland, “to drive the brand forward in the world’s largest market”.
Castore co-founder Tom Beahon said the company is ramping up its expansion drive despite the current tough economic backdrop. He said a “very strong core brand and value proposition… can be successful no matter what”.