Just six weeks after being bought in a rescue deal, shirtmaker TM Lewin has relaunched e-commerce. Currently carrying the reborn label’s initial SS22 range, additional lines are “to be added in the coming weeks”.
American Eagle Outfitters Inc. announced on Thursday revenues for the first quarter inched forward 2%, as the youth apparel retailer's namesake American Eagle brand and online channel saw steep declines.
Gap slashed its annual results forecast on Thursday, sending shares 13% lower after hours as the clothing retailer blamed poor fashion choices at its Old Navy line and weak demand in the face of decades-high inflation.
Macy's raised its annual profit forecast on Thursday, helped by strong demand for high-margin apparel from consumers returning to weddings and other social events, even as red-hot inflation saps consumer spending power.
Jaime Bergel and Pedro Sainz de Baranda, who both own 70% of the company, have decided to put the sale of their company on hold. The process began earlier this year, hiring investment bank Arcano to find buyers.
Dr Martens is linking up again with Heaven by Marc Jacobs, the project that “embodies nostalgia for the youthful rebellion of the 90s — a technicolour manifestation of a binary-defying, forward-facing generation”.
British designer label A-Cold-Wall has begun a six-week “residency” at the Doha Festival City Mall in Qatar. Its new shop-in-shop 7.2 sq m space is located in the three-storey Harvey Nichols store there.
The first ‘Amazon Style’ store opened its doors on May 25 in the Glendale neighborhood of Los Angeles. The debut is stirring up a lot of buzz as the group discusses whether to open its own version of a department store.