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Chico’s FAS soars over sales estimates in Q1

Chico’s FAS soars over sales estimates in Q1

The Fort Myers, Florida-based womenswear retailer announced first-quarter sales of $388.0 million on Tuesday, an increase of 38.4% year over year, which also beat analysts’ estimates of $321.0 million.
Fashion
Uniqlo's Japanese comp sales dipped in May

Uniqlo's Japanese comp sales dipped in May

Fast Retailing’s Uniqlo interrupted a fairly strong record of rising Japanese same-store sales during May as the company recorded a 0.6% drop year-on-year. That said, total sales did manage to increase by 3.6%.
Fashion
Savage X Fenty unveils first-ever Pride collection

Savage X Fenty unveils first-ever Pride collection

As companies across different industries roll out products for Pride Month, Rihanna’s Savage X Fenty is doubling down on its inclusive message with its own Pride collection, the first to be launched by the brand.
Fashion
M&S fashion sales plunge, but reopening has delivered growth

M&S fashion sales plunge, but reopening has delivered growth

​M&S has delivered a bleak full-year earnings report, although the bad news was far from unexpected. In year to April 3 — which included three lockdowns during which its clothing departments were shut — sales plummeted.
Fashion
L Brands appoints J.K. Symancyk to board of directors

L Brands appoints J.K. Symancyk to board of directors

L Brands announced on Friday the appointment of J.K. Symancyk as an independent member of its board of directors. 
Fashion
Fashion's green future of seaweed coats and mushroom shoes

Fashion's green future of seaweed coats and mushroom shoes

From making algae-sequin dresses, dyeing clothes with bacteria to planting trackable pigments in cotton, an emerging tide of innovations offers the fashion industry a chance to clean up its woeful environmental record.
Fashion
L Brands reports higher than expected Q1 earnings

L Brands reports higher than expected Q1 earnings

The Victoria’s Secret parent company announced net income of $276.6 million, or $0.97 per share, for the first quarter on Wednesday. Adjusted earnings per share totaled $1.25, beating analysts’ estimates of $1.25.
Fashion
Wacoal launches AI bra fitting app

Wacoal launches AI bra fitting app

The Japanese intimates brand announced the release of mybraFit on Tuesday, an app which employs AI technology to calculate users’ bra sizes and suggest products that suit their needs.
Fashion
Kim Kardashian's Skims launches in Harrods

Kim Kardashian's Skims launches in Harrods

Kim Kardashian West’s two-year-old Skims brand is widening its distribution in the UK. But it’s not moving outside of the luxury segment with the label launching in upscale department store Harrods.
Fashion
Pandemic hurts Wolford, but debt-free firm is on recovery trail

Pandemic hurts Wolford, but debt-free firm is on recovery trail

Wolford released its delayed results for its shorter fiscal year late on Wednesday and while it swung  to a profit, the upscale hosiery and bodywear firm also talked of “significant business losses” due to the pandemic.
Fashion
L Brands' spin-off of Victoria's Secret takes shape

L Brands' spin-off of Victoria's Secret takes shape

The company revealed that its board has unanimously approved its planned spin-off of the Victoria’s Secret brand on Tuesday and provided further details about the transaction, as well as preliminary Q1 financial results.
Fashion
Maya Lakis in collab boot project with Melanie Huynh for charity

Maya Lakis in collab boot project with Melanie Huynh for charity

Shoe designer Maya Lakis has teamed up with her good friend Melanie Huynh, the noted stylist and founder of beauty brand Holidermie, to create a capsule boot collection for a Cambodian girls' charity.
Fashion
French Federation planning live Paris menswear shows this summer

French Federation planning live Paris menswear shows this summer

The Federation de la Haute Couture et de la Mode confirmed Friday that it is planning to host live catwalk shows in Paris this summer, during the upcoming menswear season in June.
Fashion
Profits, sales surges and new logistics hubs underline Zalando's stellar Q1

Profits, sales surges and new logistics hubs underline Zalando's stellar Q1

E-tail giant Zalando swung to a profit in Q1 and is expecting general merchandise value growth of up to 36% this financial year after a stellar start to 2021 in which GMV grew as much as 55.6% to €3.2 billion.
Fashion
Gildan swings to profit on strong activewear sales

Gildan swings to profit on strong activewear sales

The Montreal-based owner of brands including Gildan and American Apparel announced Q1 earnings of $98.5 million on Wednesday, as solid progress in activewear drove an uptick in the company’s sales.
Fashion
Online share of retail sales jumps to 19% amid lockdowns - U.N.

Online share of retail sales jumps to 19% amid lockdowns - U.N.

Online sales accounted for nearly a fifth of total retail turnover last year as lockdowns to combat the spread of the coronavirus pandemic fuelled a boom in e-commerce, a United Nations study released on Monday showed.
Fashion